Afghan finance minister quits, leaves country as Taliban advance

By: News Desk
Published: 03:13 PM, 11 Aug, 2021
Afghan finance minister quits, leaves country as Taliban advance
Caption: File photo.
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Afghanistan's acting finance minister Khalid Payenda has resigned and left the country after the Taliban captured key Customs posts, bleeding the administration of revenue and reinforcing the government's isolation, reported Bloomberg.

Mr Payenda has "resigned and left the country because Afghanistan is grappling with declining revenues after the takeover of the Customs posts", Finance Ministry spokesman Mohammad Rafi Tabe said in a phone interview on Wednesday.

"The deteriorating security situation" and travelling to be with his ailing wife abroad, were the other reasons Mr Tabe gave.

It was not immediately clear where Mr Payenda was going.

The former minister tweeted on Tuesday to say that he was quitting his post but gave no reasons for it.

The deputy minister for Customs and Revenues, Mr Alem Shah Ibrahimi, will be in charge until a new appointment is announced.

Mr Payenda was not immediately available for comment.

With United States and Nato troops slated for a complete exit by Aug 31, a resurgent Taliban have overrun several provincial capitals in recent days.

The militants have also seized several crucial Customs posts, causing President Ashraf Ghani's government to lose as much as $30 million in import duties last month alone.

The taxes account for about half of Afghanistan's total domestic revenues, estimated to be about 216.5 billion afghanis ($3.6 billion) this year.