After two years in power, the Taliban are entrenched as rulers of Afghanistan, facing no significant opposition that could topple them.
, pulled in different directions by other crises and worried their money might fall into Taliban hands., is hitting the population hard, pushing more people into poverty.Nearly 80% of the previous, Western-backed Afghan government’s budget came from the international community. That money — now largely cut off — financed hospitals, schools, factories and government ministries. The COVID-19 pandemic, medical shortages, climate change and malnutrition have made life more desperate for Afghans.
Afghanistan is struggling with its third consecutive year of drought-like conditions, the ongoing collapse in families’ income, and restrictions on international banking. It’s also still suffering from decades of war and natural disasters.that the local currency, the afghani, gained value against major currencies. Customers can withdraw more money from individual deposits made before August 2021 and most civil servants are being paid.
The Taliban have held investment talks with countries in the region, including China and Kazakhstan. They want sanctions removed and billions of dollars in frozen funds to be released, saying these measures will alleviate the suffering of Afghans. But the international community will only take such steps once the Taliban take certain actions, including lifting restrictions on women and girls.It's largely up to the Taliban leader, Akhundzada.
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