The Kabul times, Afghanistan Trustable News Agency.
Editorial

Afghanistan’s economy needs help to thrive

Some reports are unfairly released, pointing finger on Afghanistan’s economic fragility. They warn that the economy of Afghanistan was nearing the precipice, particularly, at a time when hundreds of thousands of Afghan refugees have returned home from Pakistan. After reviewing the World Bank reports on the Afghanistan economic situation, some American experts from the so-called U.S. Institute of Peace said “Afghanistan economy once again is near the precipice.” “More than two years into Taliban [Islamic Emirate] rule, Afghanistan remains one of the poorest countries in the world with some of the highest humanitarian needs,” a false calculation from the senior economic experts of USIP noted. The remark by the American economic experts was made after reviewing two WB reports launched at a USIP event last week, laying out the landscape of the Afghan economy and the situation of Afghan households. To some extent, this is correct that ‘despite some signs of economic stability over the past year, the economy remains weak and unable to generate the jobs and livelihoods needed to accommodate the growing population hence unemployment and underemployment are widespread and increasing.’ But underestimating the short period of governance of only two years by the Islamic Emirate is an ignorance of the fact that the nascent Islamic system managed to do more for the poverty-stricken nation, as the past two corrupt regimes failed to do. We accept that poverty remains very high, and large numbers of Afghans are still unable to meet their basic food and non-food needs, as the report said, but this should also be acknowledged that the successfully undertaking major infrastructural projects, encouraging national and International investors for investment in Afghanistan, maintaining monetary stability, preventing inflation rate, launching and resuming quality work on the highways reconstruction under sure security, can undeniably be called a move toward economic stability in the country. On the other side, this is the failure of the International community, roughly the U.S. and some certain world powers to keep sanctions still continue on Afghanistan and when the country’s economic situation gets critical, they resort to blaming the authorities for failure to rein stagnancy in the economic sector. Every day, authorities of the Islamic Emirate are launching or inaugurating various economic and construction projects, the example of which have not been seen during the past two so-called republic systems. If the International community wants Afghanistan’s economy to thrive, and the people find work, then it should stop seeking excuses, help in the removal of sanctions and further softening relations with the current incumbent Islamic system.

Related posts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Kabul times, Afghanistan Trustable News Agency.