The United Nations on Monday pushed for urgent action to prop up Afghanistan's banks, warning that a spike in people who are unable to repay loans as well as lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.
Reuters The United Nations on Monday pushed for urgent action to prop up Afghanistan's banks, warning that a spike in people who are unable to repay loans
Afghanistan's banks have fallen into disarray following the Taliban's takeover of the country, a UN report says. The world body has called for urgent measures to prevent the banking system from a "colossal" collapse.