The Kabul times, Afghanistan Trustable News Agency.
Articles

IEA making efforts to combat unemployment

Afghanistan, a nation already grappling with the aftermath of war, is now facing a surge in unemployment and household debt, according to a recent assessment by the Biruni Institute. The study, conducted since the Islamic Emirate’s takeover, revealed a significant rise in unemployment and household debt in the country. Nevertheless, the Ministry of Economy and the Ministry of Labor and Social Affairs of the Islamic Emirate have acknowledged these issues but said that they are working to combat poverty and unemployment in the country. This include the implementation of entrepreneurial projects and the distribution of work permits to thousands of people. The country’s ministry of labor and social affairs has said that over 100,000 people including thousands of women have been appointed on various jobs in the country in the first nine months of the solar year (1402). According to a press release issued recently by the ministry of labor and social affairs, 109824 persons, including 26326 women had been appointed on jobs in the first nine month of the current solar year in the country. The ministry has said that the aforesaid women and men had been appointed on jobs in various government and private institutes in Afghanistan, adding that 1489 foreign nationals had been given work licenses during this period of time. The ministry has stressed that only those women were allowed to join jobs which were direly needed in the concerned agencies. This comes amid of increasing poverty and unemployment in the country. The Biruni Institute’s study has unveiled the unemployment rate in the country. It says the unemployment rate among men has surged by a significant 31%, while the rate among women has risen by 8%. These figures are not mere statistics; they represent the struggles of Afghan families trying to make ends meet. The study’s findings also highlighted that the percentage of indebted households within the sample group more than doubled from 30% to 67% between July 2021 and July 2023. Many families, burdened by the growing debt, have been forced to sell off assets, including land and property, to cope with the drastic loss of income. This distressing cycle of unemployment leading to debt, followed by asset liquidation, is indicative of an economy in dire straits. This escalating situation in Afghanistan is a pressing concern for international aid organizations. It’s clear that more than immediate aid, the nation requires strategic interventions to rebuild its fragmented economy and provide its citizens with a sustainable living. With increasing the unemployment rate in the country, the good news is that thousands of people have been appointed in various government and private institutions in the past one year. The Islamic Emirate has started work on hundreds of development projects in the country so that more and more people can get employment. With the Islamic Emirate takeover, continued efforts have been made in combating poverty and unemployment in the two past two years. Despite the fact that hundreds of thousands of people have been appointed in various government and private institutions, the unemployment rate is still high in the country. It is time that the Islamic Emirate takes further steps to address the increased poverty and unemployment crisis in the country. S.Raqib

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The Kabul times, Afghanistan Trustable News Agency.