Under Taliban leadership, Afghanistan’s economy has drastically deteriorated, leading to severe financial troubles for former government personnel. The country’s unemployment rate has risen to perilous heights, the World Bank has warned.
The World Bank estimates that Afghanistan’s current $3.5 billion trade deficit is mostly the result of rising imports and falling exports. The economic crisis has been made worse by the Taliban regime’s refusal to provide pensions to retired workers.
Afghanistan has recently seen a rise in protests due to the nonpayment of pensions to former government workers. Many former government employees struggle to pay for basic expenses like rent, and some claim that their poverty drove them to beg.
The general downturn in the economy has been exacerbated by the Taliban’s financial troubles.
