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BREAKING
Local sources: Civilians, including children and women, were injured in the al-Maqous neighborhood of Sweida, in Syria, as a result of ongoing clashes
Israeli media outlet: Security incident reported in the Gaza Strip
Iranian Foreign Ministry spokesperson: No new date or venue has been set for the meeting between Araghchi and Witkoff, and no negotiations will take place until the outcome is guaranteed
Palestinian platforms: Settlers storm Al-Aqsa Mosque complex under the protection of the occupation police
Palestinian platforms: The IOF detonated a booby-trapped robot east of the al-Zaytoun neighborhood, south of Gaza City
Syrian Defense: We call on all parties in Sweida to cooperate with security forces and exercise restraint
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed

Nearly 50% of Afghans Live in Poverty

  • By Al Mayadeen
  • Source: Al-Monitor
  • 23 Aug 2021 16:19
2 Min Read

The official unemployment rate in Afghanistan is 11.7%, while 34.3% of those who are working make less than $1.90 per day.

  • x
  • Taliban fighters standing on the roadside in Kabul, Afghanistan - August 18 2021 | AFP
    Taliban fighters standing on the roadside in Kabul, Afghanistan - August 18, 2021 (AFP).

The US Al-Monitor website reported that Afghanistan is one of the world's most fragile, at-risk economies. According to the World Bank, poverty in Afghanistan is endemic, just as underdevelopment, due to long-term, high-intensity conflict.

All of this was prior to COVID-19. Other countries on this short, grim list include the Central African Republic, Libya, Somalia, South Sudan, Syria, and Yemen.

Afghanistan's population is around 37 million, 46% of which are no more than 15-years-old, meaning that nearly half of the population does not remember the Taliban's previous rule.

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The last time the Taliban emirate ran the country, Afghanistan had no internet. Today, the population, especially in urban areas, is aware of its surroundings and is connected to the rest of the world - which could be a source of stress or instability, especially given the economic status quo.

The International Monetary Fund June report drew up a concerning economic picture: "The pandemic has imposed a heavy socioeconomic toll and forced thousands into poverty, set back progress toward self-reliance, and caused a permanent output loss," the IMF reported.

In response to US pressure, the IMF suspended Afghanistan's access to $440 million in new monetary reserves after the Taliban's takeover.

The site also reported that "Afghanistan's fragile economic progress — a projected 2.7% growth rate for 2021, after a 2% decline in 2020 — could be at risk under the Taliban."

  • United States
  • Afghanistan
  • International Monetary Fund
  • Poverty
  • Taliban
  • IMF

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