How will Afghanistan's economy survive under the Taliban?
The IMF and other countries are refusing to recognise the organisation.
In Afghanistan there are plenty of fears about life under the Taliban: from the status of women, to the prospect of the country serving as a base for global extremism. However, there is another area concern that needs attention - the economy.
The people of Afghanistan are facing 鈥渄ire鈥 financial prospects, the former head of its central bank has warned, cautioning that an acute shortage of dollars and higher inflation will fuel the flow of migrants out of the country.
Newsday spoke to Vanda Felbab-Brown, she's a senior fellow at the Brookings Insititute in Washington DC:
"The Taliban does need international assistance and I would be very sceptical if it could replace billions of dollars that the international community has put in on a yearly basis..."
(Photo: A Taliban fighter stands by a kiosk selling sugarcane juice at a market area, flocked with local Afghan people at Kote Sangi area of Kabul on August 17, 2021, after Taliban seized control of the capital following the collapse of the Afghan government. Credit: Hoshang Hashimi / AFP)
Duration:
This clip is from
More clips from Newsday
-
Liam Payne: Fans mourn death of One Direction singer
Duration: 03:35
-
Sudan's footballers provide 'joy amongst the chaos'
Duration: 04:00
-
Hurricane Milton: The residents deciding to stay, or evacuate
Duration: 02:59