29 Jan 2022

“In a country already devastated by the twin crises of war and COVID-19, the desperate lack of dollars in the market is leaving importers unable to pay for their shipments. Food is becoming scarce and grocery stores are unable to fully restock. As prices rise, people are rushing to withdraw and spend their savings before the banking sector collapses. Private businesses are not able to fund operations, shutting down and laying off the privileged few who still have jobs. A growing number of Afghans are suffering from hunger, poverty, and a lack of access to basic goods and services. In short, the country is in a total humanitarian crisis.”

www.aljazeera.com/opinions/2022/1/29/a...
Type of Source: News

Shah Mehrabi

   Economist

Member of the Supreme Council of the Central Bank of Afghanistan, professor of Economics at Montgomery College and former advisor to the Afghan president

Contexts (to suggest a new Context click here)

Economic situation in Afghanistan

Frozen Afghan central bank funds - Economic consequences

Humanitarian crisis in Afghanistan