The Afghan Fund was established in September 2022 as a not-for-profit foundation in Geneva, Switzerland. Its primary goal is to protect, preserve, and disburse its assets for the benefit of the Afghan people. The fund initially consisted of $3.5 billion in Afghan central bank reserves, and as of December 2023, its assets have grown to over $3.7 billion with investment earnings.
The fund is governed by a Board of Trustees, which includes representatives from the U.S. government, the Swiss government, and Afghan economic experts. The Afghan Fund aims to address the humanitarian and economic crises in Afghanistan by supporting the country’s macroeconomic and financial stability.
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