Afghanistan under Taliban rule faces a looming economic crisis as the flow of foreign aid runs dry
It is still early days, and the picture of what is happening in Afghanistan now that the Taliban has regained control of the country continues to develop. Central to affairs there is money. Afghanistan is one of the poorest countries in the world, with about half its population requiring humanitarian aid this year and about 90% of its people living below the poverty line of making $2 a day. The country depends on foreign aid. Under the U.S.-supported Afghan government, the United States and other nations funded about 80% of Afghanistan’s budget. In 2020, foreign aid made up about...
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