'We sleep hungry': Taliban victory brings economy to brink of collapse

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With a sinking currency and rising inflation, economic hardship is emerging as the biggest challenge to the Taliban's rule in Afghanistan

Afghanistan's economy is on the brink of collapse. Residents line up outside banks on the streets of Kabul for hours everyday. Prices of everyday essentials have surged, salaries have been stopped and businesses are at loss.

The Taliban are unable to access about $9 billion foreign currency reserves. Crucial donor countries like the United States and Germany, including the International Monetary Fund and World Bank have also stopped funding to Afghanistan. "Food security is also considered to be a daunting challenge in the next few weeks and months," he warned.The growing economic hardship is emerging as the biggest challenge for the Taliban as the daily struggle of Afghans to put food on the table has become an overwhelming process.

Members of Taliban security forces stand guard as crowds of people walk past in front of a money exchange market in Kabul The Taliban is yet to announce its new government but the United Nations has resumed flights carrying humanitarian supplies to parts of Afghanistan, and Qatar is helping the Taliban to reopen Kabul airport.UN promises aid for Afghanistan, says a Taliban leader

 

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