Monday, October 25, 2021

Afghanistan Faces Economic Challenges

 In Afghanistan, following the return of the Taliban, a humanitarian crisis is on the horizon. Within the months of the Taliban's reign, humanitarian efforts have been almost entirely cutoff. Along with this, the Afghan economy has teetered on the edge of collapse due to the strict rules and regulations that have been harshly implemented. Without any help from the outside, it is unlikely that we will see any improvement, and this is bad news for the million children that are at risk of starvation. 

Before Afghanistan was reconquered by the Taliban, the country was heavily dependent on foreign aid efforts to feed its impoverished families. The Taliban claims that the US is holding funds hostage from them and therefore they can not provide the humanitarian efforts that are neccesary to help the hungry population. The US is currently freezing over $9 billion in assets from the Taliban, and other countries have made it a point to do the same until they have proven that they have rolled back their previously harsh ways. There is no way to know exactly how much funds that the Taliban has access to, but one thing is for certain, and that is that there is very much uncertainty about the future of Afghanistan and its economy. There is not much food, the economy is on the decline, and the Taliban are doing very little to help the problems that are running ramped in their country. 

Link: https://www.cbsnews.com/video/afghanistans-economy-is-on-the-brink-of-collapse/#x

2 comments:

Unknown said...

This issue is very difficult to manage and had been an ongoing problem. At this point, one of the biggest questions is where can we go from here as a nation or as a community across the world. What can we do to assist those in Afghanistan who are suffering due to the environment they are living in? I took a class with Dr. Rahman about global poverty. We focused on Afghanistan for one of the topics. During this section, we watched The Kite Runner which exposed me to a different view of the environment that those in Afghanistan are living in. People are selling their own limbs, bodies, and children to buy food. This is obviously no way that we want any human living, so what is the best way for the United States to get involved from here?

Ulanbek Almazbekov said...

Taliban has a big source of money due to kidnapping and drugs. However, when the US froze its assets, it did sting. I read that China and Russia are providing military aid to the Taliban. However, for me, it is hard to imagine the future of Afghanistan, where people in power are good at shooting