People in Afghanistan continue to suffer under the Taliban leadership as the atrocities are persistent and two-thirds of Afghan households are in severe crisis unable to afford basic food and non-food requirements, Khaama Press reported citing a World Bank Survey on Wednesday.
The World Bank report released last week points to a sharp decline in public spending, lower household incomes, and reduced consumption caused aggregate demand to fall. It also highlights disruptions in the payment system and supply constraints further hampered private sector activities, initially forcing many businesses to close or scale down their operations.
Washington [US], October 18 (ANI): The Afghan economy is adjusting to a "new normal" following the events of August 2021, which brought about a significant economic contraction and widespread deprivation, according to the World Bank's new Afghanistan Development Update.