The Central Bank of Afghanistan’s Supreme Council reviewed monetary policy, banking sector conditions and measures to expand Islamic banking, electronic banking and public access to financial services. The council made decisions and considered recommendations on these areas, although the bank did not disclose their specific content. Sediqullah Khalid, first deputy governor and deputy chair of the Supreme Council, reported that the Afghani had remained stable over the past year relative to many regional and international currencies. He also cited an increase in public deposits and progress in the banking sector as evidence of greater stability and public confidence. The council reviewed directorate reports on monetary policy implementation, the banking and nonbank financial sectors, Islamic banking and payment systems, as well as work plans and upcoming programs.
Central Bank of Afghanistan reviews monetary policy and banking sector, reports higher public deposits
The Central Bank of Afghanistan’s Supreme Council reviewed monetary policy, banking conditions and the expansion of Islamic, electronic and inclusive financial services. First Deputy Governor Sediqullah Khalid reported that the Afghani remained stable over the past year and that public deposits had increased, while the bank did not disclose the specific decisions taken.