Afghanistan’s economy has ‘basically collapsed’: UN
Afghanistan's economy, particularly in earthquake-affected areas, continues to suffer, with 69 percent of Afghans lacking basic resources. Since the Taliban's 2021 takeover, the economy has contracted by 27 percent, causing widespread unemployment and limited access to electricity. The collapse of sectors like finance has left SMEs and farmers as the economy's primary drivers. Concerns were also raised over the severe restrictions on women's rights, including education and employment. The UNDP is supporting microfinance initiatives, yet more substantial investments are needed to stimulate economic growth. Despite the challenges, there is hope in the resilience and efforts of women entrepreneurs and the agency's support to women-led businesses.
