Economy

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Ten years of Afghan economic growth, reversed in just 12 months: UNDP

New York: A year on from the Taliban takeover in Kabul, Afghanistan is gripped by “cascading crises”, including a crippled economy that humanitarian aid alone cannot address, according to a new report from the UN Development Programme (UNDP) on Wednesday. more

Afghanistan to auction $12m to stabilize currency

Kabul: Afghanistan's Da Afghanistan Bank (DAB) said on Wednesday that it has put in auction 12 million US dollars as part of efforts to keep the local currency afghani stable.

Afghanistan: World Bank provides $150 million lifeline to stem rural hunger

New York: A critical $150 million dollar lifeline for rural families in Afghanistan was announced by the World Bank on Monday, part of an overall package of $195 million, for critical liv ...

Afghanistan economy in ‘freefall’, threatening to take entire population with it

New York: Afghanistan’s economy is in “free fall”, the UN Emergency Relief Coordinator told a special meeting on Sunday, warning that if decisive and compassionate actio ...

Urgent measures needed to restore Afghanistan's chaotic financial system, says UN

Kabul/UNI/Sputnik: The problem of financial and bank payment systems in Afghanistan, which are currently "in disarray", must be resolved quickly to minimise negative impacts on ...

Afghanistan’s farmers, herders desperate for seed, food and cash

Kabul: “Catastrophic and famine-like conditions” hang over Afghanistan’s farmers and herders, whose needs continue to worsen with the onset of winter, UN humanitarians s ...

Taliban rule: IMF predicting 30 pct shrink in Afghanistan’s economy

The International Monetary Fund has said in its latest regional economic report that the gross domestic products of Afghanistan could see a 30 percent contraction after the Taliban ...

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