Thursday, May 30, 2024

Without Relying on Foreign Aid, Afghanistan had Outstanding Economic Performances: IEA Official

Immigration News

Nizamuddin Rezahi
Nizamuddin Rezahi
Nizamuddin Rezahi is a journalist and editor for Khaama Press. You may follow him @nizamrezahi on Twitter.

Afghanistan’s Deputy Minister of Economy Abdul Latif Nazari says, unlike the previous regime, the Afghan interim government does not rely on foreign aid, and has been able to finance its budget from national revenues for the past two years.

Special Inspector General for Afghanistan Reconstruction (SIGAR) has lately reported that since August 2021, the United States is donated %8 billion to Afghanistan. it is highlighted in the report that financial aids will pave the way for the recognition of the Taliban regime in a gradual manner.

SIGAR also pointed out that the Taliban regime has been practicing a rather strict version of the Sharia law while imposing gender-based restrictions on women and girls. It also warns that lawmakers should be cautious enough that such unconditional aid may unintentionally legitimize the Taliban regime both domestically and internationally.

Furthermore, SIGAR has said that currently, 28.3 million people in Afghanistan are in dire need of humanitarian aid, however, there is no certainty as to how much aid will reach needy families according to the United Nations.

As per the findings of the UN, more than 90% of Afghan people live below the poverty line, mostly affected by prolonged political unrest and economic instability.

Economic experts believe that the Afghan Taliban regime has received a tremendous amount of cash from the international community under the umbrella of humanitarian aid. On the contract, the ruling regime’s deputy minister of economy claims to have taken serious steps in building the country’s economic infrastructure without relying on foreign aid.

“Despite the good economic performance, there are major challenges, and economic infrastructure must be built to achieve self-sufficiency,” Abdul Latif Nazari said.

added that there are still challenges and economic infrastructure must be built to achieve self-sufficiency. These claims come as the Taliban authorities have repeatedly asked a foreign government to help the ruling regime across different areas, including the economy, education, healthcare services, and more.  

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