Three years after Taliban return, economic woes loom large
==========

Despite improved security, Afghanistan's economy remains stagnant and its population is facing a worsening humanitarian crisis; A third of Afghanistan's population lives in poverty; World Bank warns of zero growth over the next three years; Positive changes include resilient currency, reduced corruption, and improved tax collection; Afghanistan has mineral and agricultural potential but is hindered by poor infrastructure and lack of expertise and capital; Banking sector is crippled due to international sanctions and frozen assets; Many foreign embassies have closed, making it difficult to obtain visas for foreign trips; Music industry has been severely impacted by Taliban restrictions; Beauty salons have been forced to close, leading to job losses and reduced income for employees.

#Afghanistan #Taliban #Economy #HumanitarianCrisis #Unemployment #Currency #Corruption #TaxCollection #MineralResources #Agriculture #BankingSector #Sanctions #Embassies #MusicIndustry #BeautySalons

https://www.legit.ng/business-economy/economy/1608181-three-years-taliban-return-economic-woes-loom-large/