WORLD

UN: Afghanistan On Brink Of “universal poverty”

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People walk on the streets in Kabul, Afghanistan, Saturday, Sept. 4, 2021. (AP Photo/Wali Sabawoon)

(AP) The United Nations development agency says Afghanistan is teetering on the brink of “universal poverty” which could become a reality in the middle of next year unless urgent efforts are made to bolster local communities and their economies. It said the Taliban takeover of Afghanistan has put 20 years of steady economic gains at risk. The U.N. Development Program outlined four scenarios for Afghanistan following the Taliban’s Aug. 15 assumption of power that predict the country’s GDP will decline between 3.6% and 13.2% in the next fiscal year starting in June 2022, depending on the intensity of the crisis and how much the world engages with the Taliban.

 

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