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The former head of Afghanistan’s central bank has warned that the country is facing “dire” financial prospects and an acute shortage of dollars and higher inflation will fuel the flow of migrants out of the country; the Taliban’s takeover hands China and Russia an opportunity to project their power after Washington’s chaotic withdrawal; and a majority of Federal Reserve officials believe the US central bank could start withdrawing a massive pandemic stimulus programme later this year, according to a record of their latest meeting.
Afghanistan faces ‘dire’ financial outlook, warns former central bank chief - with Jonathan Wheatley, emerging markets correspondent
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