The Afghan Afghani became the world’s leading currency in terms of growth in the third quarter of 2023. During this period, it strengthened by 9 percent, compensating for the losses suffered after the Taliban (a banned organization in Russia) came to power again in 2021. This was reported by Bloomberg.
Billions of dollars in humanitarian aid and increased trade with Asian neighbors have helped improve the Afghan situation. In addition, the Taliban has implemented a number of measures to strengthen the national currency, including banning the use of the dollar and Pakistani rupee.
However, according to experts, Afghanistan’s strengthening is only a temporary phenomenon amid the ongoing political instability in the country. The majority of the population lives below the poverty line and the economy is in decline due to sanctions.
UN aid is estimated to be around $4 billion in 2022 and $1.1 billion this year. These funds help half of Afghanistan’s population survive. In addition, foreign currency is actively entering the country through unofficial channels.
The country’s authorities are looking for ways to attract investment in Afghanistan’s rich natural resources, including lithium. However, economic prospects remain poor due to massive human rights violations.
Recently it became known that Japan could. to lose It is the second largest shareholder of the IMF.
Previously in Afghanistan organized tours with armed escort.
Source: Gazeta
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