Taliban laud World Bank’s ‘factual assessment’ of Afghanistan’s economic development
ISLAMABAD (AA): Taliban have praised the World Bank’s report on Afghanistan’s economic landscape and called it a “factual assessment” of their country’s economic condition.
Lauding the “accurate portrayal of facts,” Mullah Abdul Ghani Baradar, the acting deputy prime minister for economic affairs, said: “The Islamic Emirate of Afghanistan firmly believes that positive engagement from the international community can significantly contribute to the nation’s further economic development.”
The World Bank report, he said, “vividly portrays the economic dynamics of the nation.”
On Tuesday, the World Bank in its report “Afghanistan Economic Monitor” said that inflation in the landlocked country was 18.3% in July 2022 and since then had been on a “downward trend.”
According to official statistics, the year-on-year (YoY) headline inflation “eased further in March 2023 to 1.94% (compared to 3.5% in February 2023),” said the report.
The report further said that government employees also received timely salaries while banks have been reported as the most prevalent mode for salary withdrawals.
During the Jan-April 2023 period, the total exports reached $0.6 billion, recording a rise of 4% over the same period in 2022.
Baradar said that food production had increased in the country and the banking system had also improved.