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Category Archives: Economic News

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Over one million Afghan children engaged in hard labor: ILO

14th June, 2024 · admin

Ariana: The International Labor Organization (ILO) says almost 1.1 million children are engaged in hard labor in Afghanistan. At a gathering in Kabul on the occasion of World Day Against Child Labor, ILO officials said that most of these children are between the ages of 5 and 17 and child labor in the country should

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Posted in Afghan Children, Economic News | Tags: Child Labor |
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With Pensions Scrapped, Afghan Retirees Forced To Work As Street Vendors

4th June, 2024 · admin

By RFE/RL’s Radio Azadi June 4, 2024 Atel hauls a wooden cart every day around the Afghan capital, Kabul, selling vegetables. The 70-year-old pensioner retired around five years ago. But since seizing power in 2021, the Taliban has stopped paying pensions. That has forced thousands of pensioners like Atel back to work, often as street vendors,

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Posted in Economic News, Taliban | Tags: Life under Taliban rule, Pensions |
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UN: Urgent global aid needed for flood-affected Afghan children

3rd June, 2024 · admin

Ayaz Gul VOA News June 3, 2024 ISLAMABAD — The United Nations said Monday that flash floods in Afghanistan, caused by extreme weather events related to climate change, are impacting tens of thousands of children, especially in northern and western provinces. The impoverished South Asian country has experienced unusually heavy seasonal rainfall and flash flooding over

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Posted in Economic News, Environmental News, UN-Afghanistan Relations | Tags: Flood, Natural Disasters |
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Taliban Issues Over 500 Licences For Emerald Mining In Panjshir

2nd June, 2024 · admin

Afghanistan International: Over the past two years, the Taliban has repeatedly auctioned Panjshir emeralds. Due to the economic crisis, the group has focused on extracting Afghanistan’s mines, a practice that Taliban opponents consider illegal due to the Taliban’s lack of legitimacy. Click here to read more (external link).

Posted in Economic News, Taliban | Tags: emeralds, Illegal Mining, Panjshir, Taliban looting resources |
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Taliban Exacerbate Afghanistan’s Economic Headwinds

1st June, 2024 · admin

Michael Hughes: It was easy to blame the 2021 collapse of the Afghan economy on the abrupt withdrawal of foreign aid after the fall of Kabul, which overnight effectively cut the country’s GDP nearly in half. In fact, even the most advanced economies would take years to heal from the type of blow Afghanistan took

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Posted in Corruption, Economic News, Opinion/Editorial, Taliban | Tags: Taliban government failure |
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Taliban and the Plundering of Mines: Companies and Countries Lack the Right to Contract Without a Legitimate Government

1st June, 2024 · admin

8am: In the nearly three years since the Taliban’s rise to power, they have significantly expanded the unregulated and illegal extraction of the country’s mineral resources. The group has announced that during this period, they have signed contracts for the extraction of over 150 small mines with domestic companies and 30 large mines with Chinese,

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Posted in Economic News, Taliban | Tags: Illegal Mining, Natural Resources, Taliban looting resources |
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Taliban govt harbours big dreams for Afghan rail

30th May, 2024 · admin

AFP: Every day, 3,500 tons of flour and 1,500 tons of wheat are unloaded by hand at the border town of Hairatan in northern Afghanistan to trucks that brave mountain passes and war-damaged roads to ferry goods around the country. Renovations are under way to connect the rundown track with Mazar-i-Sharif, the north’s largest city,

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Posted in Economic News |
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Distrustful Of The Taliban, A Growing Number Of Afghans Ditch Banks

30th May, 2024 · admin

By RFE/RL’s Radio Azadi and Abubakar Siddique May 29, 2024 An increasing number of Afghans are taking out their money from banks and closing their accounts, a trend spurred by mistrust in the unrecognized Taliban government and concerns about the country’s bleak economic outlook. The Taliban takeover in 2021 triggered a cash and banking crisis.

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Posted in Economic News, Taliban | Tags: Banking, Taliban government failure |
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About 6.5 million children in Afghanistan will ‘face crisis levels of hunger’ this year

28th May, 2024 · admin

Ariana: An estimated 6.5 million children in Afghanistan – or nearly three out of ten – will face crisis or emergency levels of hunger this year as the country feels the immediate impacts of floods, the long term effects of drought and the return of Afghans from Pakistan and Iran, said Save the Children in

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Posted in Afghan Children, Economic News | Tags: Taliban government failure |
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Flooding Kills 10 Members Of 1 Family In Northeast Afghanistan

26th May, 2024 · admin

By RFE/RL’s Radio Azadi May 26, 2024 Flooding from heavy rainfall swept through a remote village in northeast Afghanistan, killing 10 members of a single family. Local Taliban officials in Badakhshan Province told RFE/RL’s Radio Azadi that four bodies had been recovered, and rescuers were searching for more after the May 26 flooding overnight. Mohammad Akram

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Posted in Economic News, Environmental News | Tags: Badakhshan, Baghlan, Flood, Ghor, Natural Disasters |
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