Skip to main content

Afghanistan faces economic shock as sanctions replace aid

As the Taliban attempt the precarious shift from insurgent movement to functioning government, Afghanistan is facing the heightened risk of a financial collapse after being propped up for the past two decades by foreign aid that now accounts for nearly half its legal economy. United States and the international community are already shutting the flow of money, leaving Afghanistan in the stranglehold of sanctions that were designed to cut the Taliban off from the global financial system.

from Times of India https://ift.tt/3y51mxC

Comments

Popular posts from this blog

Listen To Indian Muslims' "Mann Ki Baat": Jama Masjid Shahi Imam To PM

Jama Masjid's Shahi Imam Syed Ahmed Bukhari on Friday expressed concerns over the "storm of hatred" in the country, and urged Prime Minister Narendra Modi to listen to the 'Mann Ki Baat' of Muslims. Citing recent incidents like the Nuh riots and the killing of four persons by a railway police jawan on a running train, Ahmed Bukhari suggested in his Friday sermon at the historic mosque that PM Modi and Home Minister Amit Shah hold dialogue with intellectuals from the community. "I have been compelled to speak due to the existing situation in the country. The situation in the country is worrisome and a storm of hatred is posing grave danger to peace in the country," Ahmed Bukhari said. "You say your 'Mann Ki Baat' but you also need to listen to the 'Mann Ki Baat' of Muslims. The Muslims are troubled due to the prevailing conditions and worried about their future," Ahmed Bukhari said, referring to PM Modi's monthly radio pro...