KABUL (Dispatches) – Nearly eight months after the Taliban’s sweeping takeover of Kabul and botched exit of the U.S.-led allied forces, Afghanistan’s economic prospects remain grim, says leading analytics and advisory firm.
Almost 97 percent of Afghans face the prospect of living below the poverty line by mid-2022, according to the latest Gallup data from the crisis-stricken South Asian country.
The data, published on Monday, shows more than 94 percent of Afghans rating their lives poorly enough to be considered suffering, the highest level measured for any country since 2005.
It says the people of Afghanistan are “universally struggling to get by on their household income” with most of them “finding it difficult to afford food”.
According to how Afghans rated their current and future lives in the survey, Gallup has classified individuals as ‘thriving’, ‘struggling’, or ‘suffering’.
Based on the study, conducted after the U.S. withdrawal in August last year, 96 percent of women in the country are considered to be suffering compared to 92 percent of men.
Afghan women are shown to be more pessimistic than men about their future prospects. When asked how they would rate their lives in five years on a scale of zero to 10, the average score for men was 2.1 in 2021, while for women it stood at a low of 1.8.
Regarding the income level, none of the respondents at any income level rated their lives highly enough to be considered thriving. The entire nation has been experiencing dire conditions, the study noted.
The majority of Afghans (87%) said they were finding it “difficult” or “very difficult” to get by on their present household income.
It further said that an estimated 95% of Afghans did not have “enough to eat or enough money for food”, with food prices shooting up.
“At the time of the survey, three in four Afghans (75%) said there had been times in the past 12 months that they did not have enough money for food,” the study report said.
“This is the highest level in Gallup’s trend since 2008”.
The economic situation and overall living conditions have alarmingly deteriorated in the landlocked country since the chaotic U.S. withdrawal, which was followed by the freezing of Afghan assets.
Soon after the Taliban laid siege to Kabul, the U.S. and its international partners raced to cut off Afghanistan’s access to international aid and froze roughly $10 billion in assets belonging to the country’s central bank.
The move triggered the rapid collapse of public finances and precipitated the current crisis.