RASC News Agency: The World Bank has reported that the brain drain in the banking sector has made the Central Bank of Afghanistan face a shortage of skilled and qualified personnel, and this problem has complicated financial supervision in this country.
The World Bank has warned in this report that this problem increases the risks of money laundering and terrorist financing in Afghanistan.
The findings of this report show that Afghanistan is considered a high-risk area for global banks, and for this reason, it has been separated from the official channels of global payments.
According to the World Bank’s report, global payments through banks in Afghanistan are very small, and for this reason, they rely more on cash shipments in physical form.
In this report, it is stated that the restrictions on withdrawals from banks reduce public trust in the banking system.
Based on the findings of this report, Afghanistan’s financial system will be isolated in the world markets.
The findings of the World Bank show that after nearly two years, there is still no clear way for global payments through banks, and the reliance on informal payments, especially through remittances, has marginalized Afghanistan’s financial system.
The Central Bank under the administration of the Taliban group has not commented on this report so far.
The World Bank says it plans to find alternative methods for global payments on half-finished development projects.
After the Taliban regained power on August 15, 2021, restrictions were imposed on Afghanistan banks, and now merchants can only send a few items of food through banks.
