Sunday, June 23, 2024

Afghan Population Plunges into Poverty; Poverty Rate Increases by 50% in 3 Years

Immigration News

Saqalain Eqbal
Saqalain Eqbal
Saqalain Eqbal is an Online Editor for Khaama Press. He is a Law graduate from The American University of Afghanistan (AUAF).

The concerns about coping with the humanitarian crisis in the approaching winter have grown as poverty in Afghanistan has spread extensively. In 3 years, Afghanistan’s poverty rate has climbed from 47% to 97%, according to the Office for the Coordination of Humanitarian Affairs (OCHA) report.

The Afghan people’s concerns regarding their hardships with poverty have grown as winter draws closer. People in various parts of Afghanistan lament and complain about the lack of resources and extreme poverty.

Even while these issues persisted under the previous administration, the OCHA’s most recent report notes that “only in three years, Afghans living in extreme poverty increased from 47% to 97%.”

According to the report by OCHA, the poverty rate soared from 47% in 2020 to 70% in 2021 and then to 97% in 2022. This means that currently, 97% of the Afghan population lives under the poverty line as Afghanistan faces one of the world’s worst humanitarian crises.

The rate of poverty in Afghanistan in the report has been linked to factors such as the decline in income, a rise in food costs and inflation, drought, unemployment, and natural catastrophes.

Due to the loss of economic prospects and the exodus of significant numbers of human resources, poverty and unemployment in Afghanistan have intensified since the Taliban took back power in August 2021.

Afghanistan’s population has long struggled with poverty and unemployment, but despite their extensive experience and educational credentials in a variety of political, cultural, and social fields, hundreds of young people are still jobless.

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