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Category Archives: Economic News

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Taliban Turns Blind Eye To Opium Production, Despite Official Ban

18th October, 2022 · admin

By Mursaleen Arsala and Abubakar Siddique Radio Free Europe/Radio Liberty October 18, 2022 In the spring, the Taliban announced a ban on the cultivation, trafficking, and use of illicit narcotics in Afghanistan, the world’s biggest producer of opium. But as the fall planting season for opium crops begins, the militant group appears to be turning

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Posted in Drugs, Economic News, Taliban | Tags: opium, Poppy cultivation, Taliban and Drugs |
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Taliban Receives Fifth Aid Package Worth $40 Million in Cash

18th October, 2022 · admin

8am: In a newsletter, the Central Bank of Afghanistan under Taliban control in a series of Tweets said on Tuesday, October 18 that the group received the fifth aid package of 40 million dollars from the international community in Kabul. The international community has been injecting aid packages while there is no reliable monitoring mechanism

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Posted in Economic News, Taliban | Tags: Da Afghanistan Bank, Secretly funding Taliban |
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97% of Afghanistan’s Population Plunges Into Poverty, Says OCHA

17th October, 2022 · admin

8am: The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) said that in the last three years, the poverty graph in Afghanistan has increased from 47% to 97%. OCHA tweeted on Monday that unemployment, decrease in income and increase in prices are among the reasons for the increase in poverty in Afghanistan. Click

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Posted in Economic News | Tags: Life under Taliban rule, Poverty |
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Global Hunger Index Report, Afghanistan Falls Down Six Ranks

15th October, 2022 · admin

8am: The scores of the global hunger index are given based on the indicators of malnutrition, child stunting, and mortality, and the score of these indicators is calculated on a 100-point scale. Based on this report, 29.8% of Afghan people suffer from malnutrition and 5.8% of children die younger than the age of five, and

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Posted in Afghan Children, Economic News, Health News | Tags: Life under Taliban rule, Malnutrition, Poverty, Taliban government failure |
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Lack of Active ATM Machines in Kabul Irks Residents

15th October, 2022 · admin

Tolo News: Kabul residents on Saturday expressed their concerns over the lack of ATM machines in the city, saying they are facing problems as they have to wait in queues outside banks for hours to withdraw money. According to residents, many ATM machines in the city are not working anymore. Click here to read more

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Posted in Economic News | Tags: Banking |
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Taliban Urge US to Review New Sanctions, Calling Them Hurdle in Furthering Ties

13th October, 2022 · admin

Ayaz Gul VOA News October 12, 2022 ISLAMABAD — Afghanistan’s Islamist Taliban government Wednesday criticized new U.S. sanctions against some of its leaders as an “impediment to the development” of ties between the two countries. The reaction comes a day after the United States announced a new visa restriction policy as punishment for current or former

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Posted in Economic News, Taliban, US-Afghanistan Relations |
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Taliban Receives Fourth Aid Package Worth $40 Million in Cash

12th October, 2022 · admin

8am: In a newsletter, the Central Bank of Afghanistan under Taliban control said Wednesday it had received another cash package of 40 million dollars from the international community which was deposited in a commercial bank. Over the past ten days, this is the fourth package of 40 million dollars that reaches Kabul. Other packages worth

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Posted in Corruption, Economic News, Taliban, US-Afghanistan Relations | Tags: Da Afghanistan Bank, Secretly funding Taliban, Taliban stealing aid, West funding Taliban |
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Chinese investment promises to Afghanistan meant to be broken?

12th October, 2022 · admin

ANI: Afghanistan’s economy is already in shambles. The international community has not recognized the Taliban-led government in power. Afghanistan’s overseas funds are also frozen. Under these circumstances, Chinese investment is a ray of hope for the Taliban. However, promising is one thing and actually investing in the country is another. Click here to read more

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Posted in China-Afghanistan Relations, Economic News, Taliban |
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Afghanistan cricket plunged into crisis as ICC funds-flow hits snags

12th October, 2022 · admin

Espncricinfo: The Afghanistan Cricket Board (ACB) is staring at a financial crisis, with ICC funds not able to reach the board after July 2021. Since the Taliban’s return to political power in August 2021, international sanctions have made it increasingly difficult to send money into the country. ESPNcricinfo understands that while the ACB has completed

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Posted in Afghan Sports News, Economic News | Tags: Afghanistan Cricket Board, Cricket |
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Aid Agencies Express Concern over Taliban’s Interference in Aid Distribution

11th October, 2022 · admin

8am: In a survey, the Agency Coordinating Body for Afghan Relief (ACBAR) reports the complaints of people and organizations regarding the intervention of local Taliban members in the aid distribution process.  The results of this survey published Tuesday indicate that almost all organizations have deep concern over the issue, saying that the local Taliban members

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Posted in Corruption, Economic News, Taliban | Tags: Life under Taliban rule, Taliban stealing aid |
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