Connect with us

Latest News

World Bank predicts Afghan economic growth 3.3% this year

Published

on

(Last Updated On: )

Afghanistan’s economy grew by an estimated 2.9 percent in 2019, driven mainly by strong agricultural growth following recovery from drought, but lingering political uncertainty dampens private confidence and investment, says the World Bank.

Released today, “Navigating a Sea of Uncertainty”, the latest edition of the twice-a-year Afghanistan Development Update examines recent key economic developments and focuses on the impacts of current uncertainties around the outcome of the September 2019 presidential election, levels of future international civilian and security support, and the prospect of a peace agreement with the Taliban. The Update also includes a special topic reflecting on achievement of development outcomes since 2001.

“Growth picked up in Afghanistan in 2019. This is good news, but insecurity and political uncertainty are holding back the Afghan economy,” said World Bank Country Director for Afghanistan Henry Kerali. “Afghanistan needs to ramp up the pace of reforms to generate faster growth necessary to improve the living standards of its people and reduce poverty.”

The report notes that as drought impacts further recede and private sector confidence improves following the conclusion of the presidential election, growth is expected to accelerate to 3.3 percent in 2020. Over the medium-term, growth is projected to hover around 4 percent provided that the security situation does not further deteriorate and that international aid support continues. Growth prospects are subject to other significant downside risks, including further political instability, unexpected cuts in foreign aid, and adverse regional developments.

Domestic revenue collection reached a new high of 14.5 percent of GDP in 2019, up from 13.3 percent in 2018. Strong revenue performance reflected both progress in establishing a robust tax system and substantial one-off revenues, including transfers from the Da Afghanistan Bank.

The potential for much-faster growth exists but remains dependent on continued support from the international community and the Afghan government’s commitment to pushing business environment and anti-corruption reforms, the report says.

“The international community needs to maintain its support to Afghanistan over the medium-term to sustain the country’s recent development progress and help realize its long-term growth and self-reliance prospects. In this effort, the Afghan government needs to assure its international partners that progress is being made on governance and that aid resources are used efficiently,” said Kerali.

To improve confidence in the short-term, the Development Update notes the need for Government to accelerate improvements in the business environment and anti-corruption reforms.

Latest News

Afghanistan-Iran-Europe railway corridor activated

Published

on

(Last Updated On: )

The Iranian Embassy in Kabul announced on Thursday that the Afghanistan-Iran-Europe railway corridor has become operational.

In a statement, the embassy said the first export shipment from Afghanistan has started its journey through the Afghanistan-Iran railway corridor to Turkey and Europe.

The corridor was activated with the presence of the Iranian Consul General in Herat and the governor of the province, the statement read.

The statement added that the activation of this corridor, with Iran’s cooperation, will contribute to the improvement of Afghanistan’s economy.

Continue Reading

Latest News

Amnesty international urges Pakistan to halt Afghan deportations

Amnesty International said that all Afghan nationals are required to leave the cities of Islamabad and Rawalpindi by 31 March

Published

on

(Last Updated On: )

Amnesty International on Wednesday called on Pakistan to immediately withdraw its “Illegal Foreigners Repatriation Plan”, which primarily targets Afghan refugees, ahead of the authorities’ 31 March deadline.

Pakistani government has asked all “illegal foreigners” and Afghan Citizen Card holders to leave the country before March 31, warning they would otherwise be deported from April 1.

Amnesty International said that all Afghan nationals are required to leave the cities of Islamabad and Rawalpindi by 31 March

It said that “arbitrarily and forcibly expelling Afghan nationals, including refugees and asylum seekers, will only add to their plight”.

“The Pakistani government’s unyielding and cruel deadline, which is less than a week away, to remove Afghan refugees and asylum seekers from two major cities, resulting in the deportation of many at risk, shows little respect for international human rights law, particularly the principle of non-refoulement,”  said Isabelle Lassée, deputy regional director for South Asia at Amnesty International.

The exact details of the Pakistan government’s ‘Illegal Foreigners Repatriation Plan’ used for deportations has never been made public, but it comes amid a campaign to wrongfully demonize Afghan nationals as so-called criminals and terrorists, Amnesty said.

Isabelle Lassée said that the Pakistani government is only making “a scapegoat of a community that has long been disenfranchised and fleeing persecution.”

Human rights lawyer Moniza Kakar pointed out that forcing Afghan refugees to relocate even within Pakistan is devastating for families. “Many PoR card holders are people who’ve been here for decades, asking them to relocate means you’re asking them to leave homes, businesses, communities and lives they’ve built for years,” she said. 

Lawyer Umer Gillani, who has challenged the deportation orders in Pakistan’s Supreme Court and Islamabad High Court, argued that the March 31 deadline was not legally enforceable. “The official notification has not been issued under any particular law; it is just an executive instruction,” he stated.

Meanwhile, the International Organization for Migration (IOM) reported a sharp decline in Afghan returns and deportations during the first half of March. Between March 1 and 15, returns dropped by 67 per cent, while deportations fell by 50 per cent compared to the previous reporting period (February 16-28).

Continue Reading

Latest News

IEA leader congratulates Afghans on Eid ul-Fitr

The IEA leader also strongly condemned the Israeli military strikes against the “oppressed and defenseless” Palestinians as a “great injustice and barbarity.”

Published

on

(Last Updated On: )

Supreme leader of the Islamic Emirate of Afghanistan (IEA), Mawlawi Hibatullah Akhundzada, congratulated the Afghan people on the occasion of Eid ul-Fitr, calling on them to be strong in their beliefs and not to follow the path of Satan.

In his Eid message, released on Thursday, Mawlawi Hibatullah stated, “Dear Muslim brothers! let us renew our commitment to Allah, the Almighty, and strengthen our resolve to avoid His disobedience and not follow the path of Satan.”

He asked Afghans to thankful to Almighty Allah for security across the country.

“There was a time when on this very day, the funerals of our Afghan brothers were carried out, bombs fell upon us, our homes were searched, and we were dragged into prisons. But now, thanks to Allah, this day has transformed into one of peace and security,” he said.

IEA’s supreme leader reiterated the Islamic Emirate’s resolve to implement Shariah law, instructing courts to ensure judicial rulings adhere strictly to Islamic laws. The message again reiterated that implementing Shariah was a fundamental objective of the Islamic Emirate’s jihad and sacrifices.

On education, Mawlawi Hibatullah said that the educational institutions are tasked with giving serious attention to the correction of beliefs and actions across all educational sectors, aligning their curricula with Sharia, and providing proper training and education to the youth.

Additionally, he cautioned against “harmful propaganda spread by hostile intelligence agencies, who seek to sow despair or create unnecessary concerns about poverty and economic challenges.”

“The Islamic Emirate, with the help of Allah Almighty, is doing all it can to improve your lives.”

Condemnation of Israeli Attacks on Palestine

The IEA leader also strongly condemned the Israeli military strikes against the “oppressed and defenseless” Palestinians as a “great injustice and barbarity.”

“We support the legitimate demands of the Palestinian people and urge the rest of the Islamic world to, as much as possible, support the Palestinians, so they can regain their usurped rights, be freed from the oppression and aggression of the Zionist regime, and put an end to the ongoing atrocities and injustice there,” he said.

 

Continue Reading

Trending

Copyright © 2024 Ariana News. All rights reserved!