On January 31, 2024, the World Bank released a report detailing Afghanistan’s economic status, highlighting several developments. The report notes an upswing in Afghanistan’s exports in 2023 compared to the previous year, an appreciation of the Afghani against foreign currencies, a reduction in prices, an uptick in revenue, and an increase in import volume, indicating enhanced purchasing power among the populace.
The Deputy Prime Minister for Economic Affairs of the Islamic Emirate of Afghanistan commends the report for its accuracy and positive aspects while dismissing those elements that are not grounded in reality. Emphasizing the importance of accuracy, the Deputy PM Office urges international institutions, including the World Bank, to ensure their reports genuinely reflect the facts on the ground.
The Islamic Emirate of Afghanistan asserts that by embracing positive engagement, lifting sanctions, and unfreezing assets, the international community can play a pivotal role in catalyzing the comprehensive economic development of Afghanistan.
The Islamic Emirate of Afghanistan is confident that a shift towards positive engagement, rather than conflict, with international organizations and aid agencies, along with collaborative financing for development projects, will foster the creation of new job opportunities.
This cooperative approach is anticipated to bring about significant benefits for the country, positively influencing its overall economic situation.
Statement of the Deputy Prime Minister for Economic Affairs Office of the IEA in Response to the Recent World Bank Report on Afghanistan’s Economic Situation!
