Afghanistan is close to universal poverty, according to a United Nations Development Programme (UNDP) report released Thursday .
Why it matters : The U.S. withdrawal from Afghanistan along with the COVID-19 pandemic and severe drought have set up the poverty rate to balloon. As much as 97 percent of Afghans could be below the poverty line by mid-2022, according to the UNDP .
Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for free The myriad of challenges facing the country "form a crisis that demands urgent action,” UNDP Director of the Regional […]
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