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Taliban to Face Cash Crunch Ruling Afghanistan

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Associated Press: “Despite their dominant military blitz over the past week, the Taliban lack access to billions of dollars from their central bank and the International Monetary Fund that would keep the country running during a turbulent shakeup. Those funds are largely controlled by the U.S. and international institutions, a possible leverage point as tense evacuations proceed from the airport in the capital of Kabul.”

“As of now, the Taliban government cannot access almost all of the Afghanistan central bank’s $9 billion in reserves, most of which is held by the New York Federal Reserve.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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