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World Bank Update on Afghanistan – Hope Amidst Despair

In the latest update on Afghanistan the World Bank saw growth in the GDP but warned of a slide in case political uncertainty continued, country’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.

“Navigating a Sea of Uncertainty”, the latest edition of the twice-a-year Afghanistan Development Update examined 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.

“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................................

 

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