The World Bank has reported a 2.7% growth in Afghanistan’s Gross Domestic Product (GDP) in its latest assessment. Despite facing significant challenges, the report shows that the country has achieved moderate economic growth.
Sakhi Ahmad Paiman, the First Deputy of the Afghanistan Chamber of Industries and Mines, stated, “Initially, many had concerns about Afghanistan’s economy. However, we have now reached a point where our GDP growth is positive, we have maintained monetary stability, and inflation has decreased. These are all encouraging signs.”
Abdul Latif Nazari, the Deputy Minister of Economy, attributed Afghanistan’s economic progress to several key factors, including efforts to combat corruption and the launch of large-scale economic and employment-generating projects. He explained that these actions help reduce poverty and improve the quality of life for many citizens.
In addition, Afghanistan has strengthened its economic relationships with neighbouring countries over the past three years, leading to an increase in both exports and imports. These developments demonstrate the growing resilience of Afghanistan’s economy, despite the ongoing challenges.
