Afghans Take the Money and Run

Afghans Take the Money and Run

Afghan central bank inspector Fahim Satari stands in Kabul International Airport in front of a local businessman headed for Dubai, counting by hand the stack of $100 bills police found the passenger carrying to the gate. Satari declares the cash to be under the $20,000 per passenger limit imposed to stem the flood of money leaving through the terminal. In the year to March, $4.6 billion fled via the airport, a sum equal to almost one-quarter of the country’s gross domestic product. The year before, $2.3 billion in cash left via the airport.

The lost billions are undercutting U.S. efforts to stabilize the country as it prepares to withdraw its troops by 2014.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles