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BREAKING
Several wounded in an Israeli bombardment of a tent in al-Mawasi, south of Khan Younis in the Gaza Strip.
Israeli media: Three wounded, three killed in an ongoing operation in the Gaza Strip.
Al Mayadeen's correspondent in southern Lebanon: Israeli artillery shelling targets the outskirts of the town of Shebaa
Al-Qassam Brigades: The targeting took place at the intersection of 'Street 5' with the western line north of Khan Younis
Al-Qassam Brigades: A NIMR armored personnel carrier carrying an Israeli soldier was targeted with an Al-Yassin missile north of Khan Younis
Israeli media: At least two soldiers killed by anti-tank missile fired at Israeli army forces in the Gaza Strip
Local Syrian sources: Mortar shells fell on more than nine villages in the Sweida countryside
Local Syrian sources: Dozens of dead and wounded have arrived at Sweida hospitals as a result of ongoing clashes at several locations in the western Sweida countryside
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

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.

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  • 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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