Pak Sahafat – In its latest report, the World Bank announced that the inflation rate in Afghanistan under the control of the Taliban has decreased and exports have increased.
According to Pak Sahafat News Agency’s report, the President’s News Agency announced this and added: The total annual inflation rate has decreased from 18.3 percent in July 2022 to 9.1 percent in November of this year.
The World Bank announced: Afghanistan has exported goods worth 1.7 billion dollars from January to November 2022. Pakistan (65%) and India (20%) have been the two main export destinations of Afghanistan.
This bank reminded that the value of Afghanistan’s exports in 2021 was 0.9 billion dollars and in 2020 it was 0.8 billion dollars.
World Bank statistics show that Afghanistan imported goods worth 2.9 billion dollars from January to June 2022. Iran (23%), Pakistan (16%) and China (14%) are reported as the main source of import.
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In the revenue section, the latest report of the World Bank shows that the Taliban earned 135.9 billion Afghanis, equivalent to 1.54 billion US dollars, in the first nine months of fiscal year 2022 (March 22 to December 21).
The increase in the price and export of coal has also played a role in increasing the revenue of the Taliban government. According to this report, the exchange rate of the Afghani currency against foreign currencies has remained stable to a large extent, and basic food and non-food items are also available in Afghan markets.
The report added that the Central Bank of Afghanistan, under the control of the Taliban, sells dollars in the open market from time to time, but there is no information on the bank’s website to confirm the number of times and the amount of money offered.
The report added: “In the absence of regular market monitoring, the Taliban continues to impose rules on the foreign exchange market for management and liquidity, such as regulating the money service providers sector and banning domestic transactions in foreign currency.”
The World Bank has said in this report that there are still restrictions on cash withdrawals from banks before August 2021. According to this, “even though people can withdraw money from their personal account within the permitted limits, some specific financial institutions are still facing problems to withdraw money.”
Meanwhile, the report states that no legal restrictions will apply to withdrawing deposits after August 28, 2021. According to this report, civil servants’ salaries are paid on time for both men and women, but women face inappropriate behavior from employees when they receive salaries from banks.
Meanwhile, the United Nations Office for the Coordination of Humanitarian Aid (OCHA) recently announced that the number of people in need in Afghanistan has reached 28.3 million this year.