In the heart of Kabul, shopkeeper Sadaqat is facing unprecedented challenges following the United States' decision to freeze the Afghan central bank's assets. This move has left both business owners and customers unable to withdraw money, resulting in a severe cash shortage throughout the city.
Sadaqat shared with CGTN Global Stringer the harsh realities his shop faces daily. \"Without access to cash, it's incredibly difficult to sell goods,\" he explained. Customers, on the other hand, find it hard to make purchases, leading to a noticeable decline in sales and economic activity.
The freezing of assets has disrupted the local economy, making simple transactions a challenge and putting immense pressure on small business owners like Sadaqat. Despite these hardships, there is a glimmer of hope. Sadaqat remains optimistic that the situation will stabilize soon, allowing business to return to normal and easing the financial strain on the community.
Experts suggest that resolving the asset freeze is crucial for reviving Afghanistan's economy and ensuring that shopkeepers and consumers can resume their daily activities without hindrance.
Reference(s):
cgtn.com