Political change is deteriorating life in Afghanistan despite humanitarian aid
The political change following the withdrawal of US troops last August plunged the country into a humanitarian and economic crisis, according to a new UNDP report, deteriorating the lives of more than 40 million inhabitants despite coordinated aid from the international communities. The sudden halt in international aid suspended development services and support in Afghanistan, which accounted for 70% of total spending and contributed nearly 40% of gross domestic product (GDP).
Last year, the UNDP estimated that GDP could fall by 20% within a year and that the resulting inflation, lack of liquidity, disruptions in banking sectors and a significant drop in aggregate demand could lead to near universal poverty by mid-2022 – Afghanistan is at this point. Since the Taliban marked a year of rule in the country, the situation remains precarious and uncertain and the impact of the multiple crises continues to be felt throughout Afghanistan.
“Two decades of heavy reliance on international aid and imports, a lack of industrialization and competitiveness, and limited mobility and connectivity between regions, among other factors, have hampered the momentum of Afghanistan,” the report said. UNDP analysis predicts that preventing women from working can result in economic loss of up to $1 billion, or up to 5% of the country’s GDP.—Khaama News Agency