Afghanistan Economy
Joint Declaration of the United States-Afghanistan Strategic Partnership Afghanistan confronts important challenges to its security and its efforts to build a government based on democratic principles, respect for human rights, and a market economy. To address these challenges, Afghanistan proposed that the United States join in a strategic partnership and establish close cooperation, including regular, high-level exchanges on the political, security, and economic issues contained herein and other issues of mutual interest. The United States and Afghanistan plan to work together to develop appropriate arrangements and agreements to implement their strategic partnership. ... [Read More]
U.S. Policy Towards Narcoterrorism in Afghanistan In support of law enforcement and eradication efforts, we will also implement alternative development and public affairs projects. To destroy Afghanistan’s opium economy, alternatives to the pernicious cycle of opium credit, cultivation and harvest must be available to rural communities. Unlike traditional development assistance, INL’s alternative livelihood programs directly support the opium ban by linking assistance to the cessation of poppy cultivation. INL is also working closely with the UK, USAID and the Afghans to coordinate the delivery of all development programs to poppy areas to ensure sustained success. ... [Read More]
Afghanistan: Seeds of Hope ECONOMY ... Afghanistan replaced its old currency, which had lost much of its value, in 2001. Business owners say the new currency has improved the economy, since shoppers are more confident of its value. (John Wicart) ... [Read More]
Afghanistan: Seeds of Hope Afghanistan is slowly recovering from a dysfunctional economy based upon war and illicit drugs. Afghans and international donors are making a concerted effort to re-establish the traditional agriculture-based economy. (John Wicart) ... [Read More]
Afghanistan: Seeds of Hope ECONOMY ... [Read More]
Economy - US Department of State More Facts on Economy ... [Read More]
The New Afghanistan: Progress and Accomplishments - US Department of State ... Afghan farmer Abdullah Amiri works in his wheat crop field near Jalalabad, where last year he grew opium poppy. (©AP/WWP) Counter-narcotics: On March 10, Afghanistan adopted the 2005 Counternarcotics Implementation Plan to target the cultivation, production, and trafficking of drugs. In 2004, the Afghan Special Narcotics ... [Read More]
Afghanistan: Seeds of Hope US Dept of State - Publications [Read More]
Afghanistan SPECIAL CIRCUMSTANCES: Because of the poor infrastructure in Afghanistan, access to banking facilities is extremely limited and unreliable. Afghanistan's economy operates on a "cash-only" basis for most transactions. Credit card transactions are not available. International bank transfers are very limited, as the banking system is just becoming operational. One ATM machine exists at Standard Charter Bank in the Wazir Akbar Khan neighborhood of Kabul, but some travelers have complained of difficulties using it. ... [Read More]
Afghanistan (04/05) Historically, there has been a dearth of information and reliable statistics about Afghanistan's economy. The 1979 Soviet invasion and ensuing civil war destroyed much of the country's limited infrastructure and disrupted normal patterns of economic activity. Gross domestic product had fallen substantially because of loss of labor and capital and disruption of trade and transport. Continuing internal strife hampered both domestic efforts at reconstruction as well as international aid efforts. However, Afghanistan’s economy has grown at a fast pace since the 2001 fall of the Taliban, albeit from a low base. In 2003, growth was estimated at close to 30%, and the estimated growth rate for 2004 was 7.5%. ... [Read More]
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