KABUL, April 13 (Xinhua) -- Afghanistan's central bank, Da Afghanistan Bank, has collected and incinerated more than 3.3 billion afghani (about 46 million U.S. dollars) of worn-out banknotes over the past year.

"The bank has been able to collect 3.36 billion afghani in worn-out banknotes from various zones of the country within the past year and removed them from circulation," local media Tolonews quoted central bank spokesman Hasibullah Noori as saying on Saturday night.

In the meantime, Khan Jan Alokozai, a board member of the Chamber of Commerce and Investment of Afghanistan, has emphasized that the Central Bank needs to develop a clear procedure for financial and banking systems to prevent further deterioration of the national currency.

"A card-based system should be introduced under which every individual -- whether in shops or markets -- should have a designated payment card. This is a common practice in many countries to prevent the wear and tear of paper currency," the media outlet quoted Alokozai as saying. Enditem

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