Soaring food prices. Limited cash. And a surge of refugees. The economic future of Afghanistan under Taliban rule looks bleak, according to the country's former central banker.
"Afghanistan unfortunately was already facing multiple crises," Ajmal Ahmady, who led the Afghan central bank before escaping Kabul on Sunday, told CNN, pointing to Covid, conflict and drought. "Now on top of that there is going to be economic hardship," Ahmady said."And for the people of Afghanistan, that is going to be very difficult to deal with."Ahmady predicted the Taliban will face trouble governing and making economic policy.
"Humanitarian assistance not only needs to remain, but needs to increase over the next few days and months," he said."Let's not wait until another crisis hits."Ahmady fears a repeat of the past when the United States backed away from the region."Please do not disengage. We've seen this story before," Ahmady said."The continued supply of humanitarian assistance to Afghanistan is critical, especially during this time.
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