• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

One month after fall of Kabul, economic crisis stalks Taliban

September 15, 2021 by David Barret Leave a Comment

September 15, 2021

(Reuters) – A month after seizing Kabul, the Taliban face daunting problems as they seek to convert their lightning military victory into a durable peacetime government.

After four decades of war and the deaths of tens of thousands of people, security has largely improved, but Afghanistan’s economy is in ruins despite hundreds of billions of dollars in development spending over the past 20 years.

Drought and famine are driving thousands https://ift.tt/2Xizf1F from the country to the cities, and the World Food Programme fears food could run out by the end of the month, pushing up to 14 million people to the brink of starvation.

While much attention in the West has focused on whether the new Taliban government will keep its promises to protect women’s rights or offer shelter to militant groups like al Qaeda, for many Afghans the main priority is simple survival.

“Every Afghan, kids, they are hungry, they don’t have a single bag of flour or cooking oil,” said Kabul resident Abdullah.

Long lines still form outside banks, where weekly withdrawal limits of $200 or 20,000 afghani have been imposed to protect the country’s dwindling reserves.

Impromptu markets where people sell household goods for cash have sprung up across Kabul, although buyers are in short supply.

Even with billions of dollars in foreign aid, Afghanistan’s economy had been struggling, with growth failing to keep pace with the steady increase in population. Jobs are scarce and many government workers have been unpaid since at least July.

While most people appear to have welcomed the end of fighting, any relief has been tempered by the near-shutdown of the economy.

“Security is quite good at the moment but we aren’t earning anything,” said a butcher from the Bibi Mahro area of Kabul, who declined to give his name. “Every day, things get worse for us, more bitter. It’s a really bad situation.”

AID FLIGHTS

Following the chaotic foreign evacuation of Kabul last month, the first aid flights have started to arrive as the airport reopens.

International donors have pledged over $1 billion https://ift.tt/3CdNfZj to prevent what United Nations Secretary-General Antonio Guterres warned could be “the collapse of an entire country.”

But world reaction to the government of Taliban veterans and hardliners announced last week has been cool https://ift.tt/3l7ef5O, and there has been no sign of international recognition or moves to unblock more than $9 billion in foreign reserves held outside Afghanistan.

Although Taliban officials have said they do not intend a repeat of the harsh fundamentalist rule of the previous government, toppled by a U.S.-led campaign following the Sept. 11, 2001 attacks, they have struggled to convince the outside world that they have really changed.

Widespread reports of civilians being killed https://ift.tt/3BaTRXU and journalists and others being beaten, and doubts about whether the rights of women really will be respected under the Taliban’s interpretation of Islamic law, have undermined confidence.

In addition, there has been deep mistrust of senior government figures like the new interior minister Sirajuddin Haqqani, designated by the United States as a global terrorist with a $10 million bounty on his head.

To make matters worse for the Taliban, the movement has had to fight speculation over deep internal splits in its own ranks, denying rumours https://ift.tt/396wzWS that Deputy Prime Minister Abdul Ghani Baradar had been killed in a shootout with Haqqani supporters.

Officials say the government is working to get services up and running again and that the streets are now safe, but as the war recedes, resolving the economic crisis is looming as a bigger problem.

“Thefts have disappeared. But bread has also disappeared,” said one shopkeeper.

(Reporting by James Mackenzie; Editing by Mike Collett-White)

Source Link One month after fall of Kabul, economic crisis stalks Taliban

David Barret
David Barret

Related posts:

  1. First trailer for Netflix’s Red Notice crams in massive star power and big action
  2. U.S. has no plans to release billions in Afghan assets, Treasury says
  3. Exclusive-Ericsson CEO to double down on China as 5G tussle rumbles on
  4. Cricket-Pope and Bairstow rebuild England innings after Yadav blows

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • A Giant Volcano Off The Coast Of Oregon Is Scheduled To Erupt In 2026, JWST Finds The Best Evidence Yet Of A Lava World With A Thick Atmosphere, And Much More This Week
  • The UK’s Tallest Bird Faced Extinction In The 16th Century. Now, It’s Making A Comeback
  • Groundbreaking Discovery Of Two MS Subtypes Could Lead To New Targeted Treatments
  • “We Were So Lucky To Be Able To See This”: 140-Year Mystery Of How The World’s Largest Sea Spider Makes Babies Solved
  • China To Start New Hypergravity Centrifuge To Compress Space-Time – How Does It Work?
  • These Might Be The First Ever Underwater Photos Of A Ross Seal, And They’re Delightful
  • Mysterious 7-Million-Year-Old Ape May Be Earliest Hominin To Walk On Two Feet
  • This Spider-Like Creature Was Walking Around With A Tail 100 Million Years Ago
  • How Do GLP-1 Agonists Like Ozempic and Wegovy Work?
  • Evolution In Action: These Rare Bears Have Adapted To Be Friendlier And Less Aggressive
  • Nearly 100 Years After Debating Bohr On Quantum Mechanics, New Experiment Proves Einstein Wrong – Again
  • 9,500-Year-Old Headless Skeleton Is New World’s Oldest Known Cremated Adult
  • World’s Longest Jellyfish Can Reach A Whopping 36 Meters, Even Bigger Than A Blue Whale
  • In 1994, December 31 Was Wiped From Existence In Kiribati
  • A Giant Volcano Off The Coast Of Oregon Failed To Erupt On Time. Its New Schedule: 2026
  • Here Are 5 Ways In Which Cancer Treatment Advanced In 2025
  • The First Marine Mammal Driven To Extinction By Humans Disappeared Only 27 Years After Being Discovered
  • The Planet’s Oldest Bee Species Has Become The World’s First Insect To Be Granted Legal Rights
  • Facial Disfiguration: Why Has The Face Been The Target Of Punishment Across Time?
  • The World’s Largest Living Reptile Can “Surf” Over 10 Kilometers To Get Between Islands
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2026 · Medical Market Report. All Rights Reserved.

Go to mobile version