97 percent of Afghans could plunge into poverty by mid 2022, says UNDP

97 percent of Afghans could plunge into poverty by mid 2022, says UNDP

In addition to a prolonged drought and the effects of the COVID-19 pandemic, Afghanistan is contending with the upheaval caused by the current political transition: frozen foreign reserves, collapsing public finances, increasing pressure on the banking system, and rising poverty.

New York – Afghanistan teeters on the brink of universal poverty. As much as 97 percent of the population is at risk of sinking below the poverty line unless a response to the country’s political and economic crises is urgently launched, according to a rapid appraisal released today by the United Nations Development Programme (UNDP).

The study , which analysed four […]

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