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Taliban Reportedly Earns Millions in Revenue From Passports Issued to Afghans Leaving Country
Taliban Reportedly Earns Millions in Revenue From Passports Issued to Afghans Leaving Country
Sputnik International
Afghanistan has been in desperate need of funds since the United States froze $7 billion of Afghan central bank assets held in US banks after the Taliban* came... 25.08.2022, Sputnik International
2022-08-25T10:14+0000
2022-08-25T10:14+0000
2022-08-25T10:14+0000
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The Taliban has allegedly collected about $50 million in revenue from issuing 700,000 passports to Afghans fleeing the nation.In addition to that, the Taliban also earned another million USD from visa charges paid by the 4,100 overseas visitors who have arrived in Afghanistan in the past 12 months. Although the income from passport and visa services has exceeded $50 million, it is still a fraction of Afghanistan's annual budget for 2022, which has been pegged at $2 billion.An estimated 500,000 Afghans have fled Afghanistan since the Taliban took power in Kabul, according to the UN refugee agency.Afghanistan's economy is in dire need of fresh funds; foreign non-humanitarian assistance has completely stopped since the Taliban's rise to power. As much as 70 percent of the government budget was funded by foreign donors during the erstwhile regime of President Ashraf Ghani.The former government received $4.2 billion from foreign countries in development assistance in 2020.*under UN sanctions over terrorist activities
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taliban, afghanistan, visa, visa applications, passport, passports, passport, ashraf ghani, joe biden, humanitarian assistance
Taliban Reportedly Earns Millions in Revenue From Passports Issued to Afghans Leaving Country
Afghanistan has been in desperate need of funds since the United States froze $7 billion of Afghan central bank assets held in US banks after the Taliban* came to power in August last year. Other nations also hold around $2 billion of Afghan assets.
The Taliban has allegedly collected about $50 million in revenue from issuing 700,000 passports to Afghans fleeing the nation.
In addition to that, the Taliban also earned another million USD from visa charges paid by the 4,100 overseas visitors who have arrived in Afghanistan in the past 12 months.
"We are issuing up to 4,000 passports daily and we aim to increase the number to 10,000," Shirshah Quraishi, who is the deputy director of Afghanistan's passport department, told reporters in Kabul.
Although the income from passport and visa services has exceeded $50 million, it is still a fraction of Afghanistan's annual budget for 2022, which has been pegged at $2 billion.
22 August 2022, 16:54 GMT
An estimated 500,000 Afghans have fled Afghanistan since the Taliban took power in Kabul, according to the UN refugee agency.
Afghanistan's economy is in dire need of fresh funds; foreign non-humanitarian assistance has completely stopped since the Taliban's rise to power. As much as 70 percent of the government budget was funded by foreign donors during the erstwhile regime of President Ashraf Ghani.
The former government received $4.2 billion from foreign countries in development assistance in 2020.
*under UN sanctions over terrorist activities