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

Islamists Rise Under Yunus Rule

After the departure of former Prime Minister Sheikh Hasina in August 2024, Islamic parties in Bangladesh, crushed for years by the Awami League government, have made inroads into the political arena…writes Baidya

TIES WITH CHINA: Is Bangladesh Going Lanka Way?

Plans for nine Special Economic Zones, including Chinese-developed sites in Chattogram and Chandpur, promise jobs but risk creating enclaves where Beijing’s economic priorities overshadow Bangladesh’s….reports Asian Lite News On a humid March

Khaleda Zia’s Son Return Looms as Yunus Faces Heat

The core question remains whether Rahman can provide leadership in politically turbulent times in Bangladesh….reports Asian Lite News Speculation is mounting in Bangladesh over the possible return of Tarique Rahman, son of

India Eyes Top 5 Spot in Global Entertainment

With focused investments, policy support, and infrastructural upgrades, India is on track to position itself as one of the top five live entertainment destinations globally by 2030…reports Asian Lite News Fueled by
Go toTop

Don't Miss

Iran reckons India’s role to tackle rise of Daesh in Afghanistan

“The role of India to help peace and stability is

12 killed in Afghanistan floods

The floods also destroyed tens of residential houses and orchards