Afghans not too optimistic about economic situation

in Afghan Business

Afghans not too optimistic about economic situation

Afghans have cited deteriorating economy as their top concern, according to a new Gallup poll.

Two in three Afghans see local economic conditions getting worse, as per the poll.

The new poll illustrates that the Taliban are not the only threat to the nation. Afghanistan took over the full security responsibility just weeks ago, putting an end to the 13-year U.S. and NATO combat mission in the country.

Afghanistan’s economy shrank to 3.7% in 2013 and further declined to 1.5% last year, compared to an annual GDP growth of about 9% on average from 2003 to 2012.

“Repairing investor confidence will be key to sustainable growth in Afghanistan in 2015 and beyond, but so will creating private-sector jobs. With growth slowing in every sector of Afghanistan’s economy, from services and industries to agriculture, there are fewer jobs available for Afghans who were already grappling with high unemployment,” the report said.

The decline in investment and international aid have been the major reasons behind the dwindling economy.

In the meantime, the country’s opium industry is expanding and increased from USD 2bn to USD 3bn in 2013. Opium is seen as the main funding source for insurgency in Afghanistan.



Related Articles

Will Afghanistan be able to fulfill its promises made at the Tokyo Conference?

Members of Afghan Parliament are skeptical of the government’s ability to meet the requirements for the receipt of the aid

Fans of 7D cinema growing in Afghanistan

Kabul’s Gulbahar Center has attracted a good number of Afghan youths, children and adults towards its “7D cinema”. Located at

Private Hospitals are not standard- Kabul Residents

A number of Kabul residents have complained that the buildings of many private hospitals are not standard. Most of these

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china