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Afghan economy has shrunk, country receives $80 million every 14 days: Report

By Economic Times - 10 months ago
The Special Inspector General for Afghanistan Reconstruction (SIGAR) has released a report highlighting that millions of dollars in cash shipments, averaging $80 million each, have been transported to Afghanistan over the previous three months. The shipments, delivered to Kabul within 10 to 14 days, are placed in designated UN accounts in private banks. The United Nations Development Programme (UNDP) reports that 69% of Afghans lack access to basic resources, and the country's economy has contracted by 27% since 2020. The Taliban claims that the aid money is spent on education, health, and development projects, and the international community's support is seen as beneficial for Afghanistan's fiscal stability and economic growth.

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