Message of the acting Governor of Da Afghanistan Bank

Dear Compatriots,

I assure you once again that we continue our efforts aimed at maintaining the value of Afghani and domestic price stability by implementing appropriate monetary policies. Similarly, we'll take effective steps to strengthen, improve and reform the banking sector.

We're using our full potential to work with those banks that have been under pressure after the political changes and our supervision thereof will be in the form of support to them so the sector is further strengthened and the scope of quality services is expanded.

Transition from Traditional Banking to the Islamic Banking system is among our priorities. Initial steps have been taken in this regard and we will supervise the process step by step keeping in consideration the capacity of the system and financial and human resources.

Da Afghanistan Bank respects its commitments pertaining to its engagement with the countries of the world in regard to developing and expanding its banking relations and continues its efforts for the improvement of relations which result in prosperity of our compatriots and private sector and bring economic growth.

As the Central Bank of the country, Da Afghanistan Bank is committed to its international commitments. We will direct our serious attention to our efforts in combatting money-laundering and the smuggling of dollar, addressing this important issue with the help of security and legal entities.

Regulating the activities of Foreign Exchange Dealers and Money Services Providers is another strategic issue and we will continue to work together in regard to it seriously.

Da Afghanistan Bank will continue its technical discussions pertaining to the unfreezing of the foreign exchange reserves of Da Afghanistan Bank and the lawful use thereof, till the desired outcomes are achieved.

 

With Respect

Noor Ahmad Agha

Da Afghanistan  Bank Acting Governor