July 10, 2023
1 min read

Taliban govt downplays economic crisis

The war-torn country has been facing poverty and economic hardships since the withdrawal of foreign forces…reports Asian lite News

Afghanistan acting Foreign Affairs Minister Mawlawi Amir Khan Muttaqi has downplayed the reports on the economic crisis, saying the economy of the country has been moving on the right track, state-run Bakhtar News Agency reported on Sunday.

According to the state-controlled media outlet, Muttaqi made the remarks in a meeting with elders and ranking officials who returned home from Saudi Arabia after performing Hajj rituals, Xinhua news agency reported.

The war-torn country has been facing poverty and economic hardships since the withdrawal of foreign forces and the induction of the caretaker government nearly two years ago as the US froze more than 9 billion dollars of assets of Afghanistan’s central bank.

Financial support to the country has drastically dropped and the banking system has been derailed due to US-imposed sanctions, which eventually worsened the economic situation of the already bankrupt nation.

More than 28 million or two-thirds of country’s population, according to aid agencies’ reports, have been suffering from food insecurity.

ALSO READ: Afghanistan, Uzbekistan discuss border issues

Previous Story

Habit of drinking water to achieve glass-like skin

Next Story

Putin held secret talks with Prigozhin after revolt

Latest from -Top News

‘Kill and Dump’ Haunts Balochistan Again

The latest killings have reignited accusations of extrajudicial executions and the use of counterterrorism laws to cover up custodial deaths in Balochistan….reports Asian Lite News Concerns have deepened across Balochistan following the

‘ASEAN Expands, But Keeps Its Soul’

Malaysian Foreign Minister Mohamad Hasan urged ASEAN to uphold its unity and strategic resolve amid intensifying geopolitical tensions and mounting external pressures…reports Asian Lite News Consensus and inclusivity will remain the cornerstones

Bangladesh bends to beat Trump’s blow

Dhaka seeks compromise as Trump’s 35% tariff looms large over key exports; Washington urges worker protections, factory relocation to US…reports Asian Lite News Bangladesh has opened the second round of critical trade

China seethes as US lands F-35s in PH

As US F-35 jets land in the Philippines for the first time, Manila cements its frontline role in Washington’s power play against rising China….reports Asian Lite News The Philippines is rapidly cementing
Go toTop

Don't Miss

Plan was in place for inclusive govt before Kabul collapse: Khalilzad

Khalilzad said the Taliban had agreed to not enter Kabul

US Gen. Milley says coordination with Taliban against Daesh likely

Statement comes after President Joe Biden promised to target Daesh