Taliban plans to turn former foreign bases into special economic zones

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Taliban plans to turn former foreign bases into special economic zones
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The Taliban will move ahead with plans to turn former foreign military bases in Afghanistan into special economic zones for businesses, the acting deputy prime minister for economic affairs says.

since the Taliban took over in 2021 as foreign troops withdrew after 20 years of war.

The takeover sparked a cut in development funding, the freezing of foreign-held central bank assets and sanctions enforced on the banking sector.from work last year prompted many aid agencies to partially suspend operations while millions remain dependent on humanitarian aid. The Taliban have said they are focused on boosting economic self-sufficiency through trade and investment. Some foreign investors have expressed concerns over a series attacks, including at a hotel popular with Chinese businessmen, claimed by Islamic State.

However, the World Bank has also noted that exports rose and the Taliban administration managed to keep revenues largely steady in 2022.

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