80% Of Afghanistan’s Budget Has Disappeared Overnight

80% Of Afghanistan’s Budget Has Disappeared Overnight

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For governing a country, $1.6 billion in cash can’t be stretched too far. That’s how much comes in the coffers of the Taliban, which has now taken over Afghanistan. Now, banks and international organizations are cutting the cord.  For the past two decades, some 80% of Afghanistan's budget has been financed by the U.S. and other international donors. Now, it’s all gone.  Last week, the IMF decided that Afghanistan would no longer be able to access its resources, including the over $370 million set to arrive later this…

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