Afghanistan is on the brink of the world’s worst humanitarian crisis, the un said on October 25th, exceeding even the misery in Syria and Yemen.
A new report from un agencies estimates that some 23m of the country’s 38m people will not have enough food. economist.com/asia/2021/10/3…
A new report from un agencies estimates that some 23m of the country’s 38m people will not have enough food. economist.com/asia/2021/10/3…
The un estimates that half of Afghanistan was living on less than $1.90 a day when Kabul fell. By the middle of 2022, that may rise to 97%. “We’ve not seen this level of near universal poverty in any country in recent history,” said Kanni Wignaraja of the un
The reason for the crisis is the loss of foreign aid. Before the Taliban took over the country received around $8.5bn a year, which was two-fifths of its gdp. Three-quarters of the government’s budget was paid for by foreign donors, including almost all of health and education.
Foreign banks, which provide currency exchange and help with money transfers, are cutting their links to Afghan banks. They worry that they will be punished for dealing with the new regime, many members of which are under un sanctions. The currency is in free fall.
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