Board of trustees overseeing disbursement of seized Afghan assets meets for the first time in Geneva as economic situation continues to worsen in the war-torn country
The board of a Switzerland-based trust fund, which is in charge of disbursing billions of dollars of assets belonging to Afghanistan, has met for the first time in Geneva.
The United Nations has warned that millions of Afghans can suffer if the international community doesn’t step in immediately to ease the economic crisis in the war-torn country. “This fund is for the Afghans. It will protect, preserve and make targeted disbursement to promote price stability so that the people can afford to buy basic necessities of life,” says Shah Mehrabi, an Afghan-American economist who is among the trustees overseeing the fund.
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