English | دری

Unemployment fuels insecurity in Afghanistan

in Afghan Business

Unemployment fuels insecurity in Afghanistan

unemploymentThe Afghan government recently announced that it needs to create half a million jobs a year to tackle the growing unemployment in the country.

The high unemployment is cited as the main motive for Afghans joining insurgency.

Lack of jobs has caused many young Afghans to turn to drugs or work on opium fields to generate income.

As the international aid is winding down and NATO troops are preparing to withdraw from Afghanistan, some of the international organizations and local companies are making workers redundant.

Afghanistan’s economy needs to rebuild on its own as the international community remains lukewarm in its commitment to Afghanistan’s economic future.

At a meeting of international donors on July 7, 2012, pledges from the international community fell $2 billion per year short of what Afghanistan’s central bank had requested.

The uncertainty surrounding Afghanistan’s economy is injecting fear into the country at a time when its youngest generations are in serious need of reassurance.

Meanwhile, some Afghans are setting up ways to find employment without government help, as the number of qualified candidates increases.



Related Articles

Afghanistan’s future is not that bleak

Let’s go back a decade and remind ourselves of what Afghanistan was like then. It was the regime of Taliban-

IMF reaches staff level agreement with Afghanistan on an economic program

An International Monetary Fund (IMF) mission, led by Christoph Duenwald, held discussions with the Afghanistan authorities in May and June

5 new foreign airlines to invest in Afghanistan

Afghan Ministry of Transport and Civil Aviation (MTCA) said that 5 new foreign airlines are willing to open routes to

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Your e-mail address will not be published.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.