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World Bank says 26 poorest nations in worst financial shape since 2006

Most of the countries in the study are in sub-Saharan Africa, from Ethiopia to Chad and Congo, but the list also includes Afghanistan and Yemen, read the report.

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The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday.

The report finds that these economies are poorer today on average than they were on the eve of the COVID-19 pandemic, even as the rest of the world has largely recovered from COVID and resumed its growth trajectory, Reuters reported.

Released a week before World Bank and International Monetary Fund annual meetings get underway in Washington, the report confirms a major setback to efforts to eradicate extreme poverty and underscores the World Bank’s efforts this year to raise $100 billion to replenish its financing fund for the world’s poorest countries, the International Development Association (IDA).

The 26 poorest economies studied, which have annual per-capita incomes of less than $1,145, are increasingly reliant on IDA grants and near-zero interest rate loans as market financing has largely dried up, the World Bank said. Their average debt-to-GDP ratio of 72% is at an 18-year high and half of the group are either in debt distress or at high risk of it.

Most of the countries in the study are in sub-Saharan Africa, from Ethiopia to Chad and Congo, but the list also includes Afghanistan and Yemen, read the report.

Two-thirds of the 26 poorest countries are either in armed conflicts or have difficulty maintaining order because of institutional and social fragility, which inhibit foreign investment, and nearly all export commodities, exposing them to frequent boom-and-bust cycles, the report said.

“At a time when much of the world simply backed away from the poorest countries, IDA has been their lifeline,” World Bank chief economist Indermit Gill said in a statement. “Over the past five years, it has poured most of its financial resources into the 26 low-income economies, keeping them afloat through the historic setbacks they suffered.”

IDA normally is replenished every three years with contributions from World Bank shareholding countries. It raised a record $93 billion in 2021 and World Bank President Ajay Banga is aiming to exceed that with more than $100 billion in pledges by Dec. 6.

Natural disasters have also taken a greater toll on these countries over the past decade. Between 2011 and 2023, natural disasters were associated with average annual losses of 2% of GDP, five times the average among lower-middle-income countries, pointing to the need for much higher investment, the World Bank said.

The report also recommended that these economies, which have large informal sectors operating outside their tax systems, do more to help themselves. This includes improving tax collections by simplifying taxpayer registration and tax administration and improving the efficiency of public spending.

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Afghan minister says ‘outsiders’ should not claim to support Afghanistan’s independence

The meeting was attended by governors of Sar-e-Pul and Samangan provinces, local officials, religious scholars, and a number of local residents.

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Minister of Borders, Ethnic Affairs and Tribes Noorullah Noori has said that those who interfered in Afghanistan over the past twenty years should now not claim to support a “free and independent Afghanistan.”

According to a statement, Noori made the remarks during a public gathering titled “Unity and Coordination with the People” held in the Kohistanat district of northern Sar-e-Pul province, during his official visit to the province.

The meeting was attended by governors of Sar-e-Pul and Samangan provinces, local officials, religious scholars, and a number of local residents.

Noori stated that under the Islamic system, the beliefs, history, freedom, and values of the Afghan people are protected and safeguarded. He added that those who, over the past twenty years, tested the Afghan people for their own “malicious objectives” should not now claim to support Afghanistan’s independence.

He further emphasized that the people of Afghanistan are not aligned with the Islamic Emirate out of compulsion, but rather support the Islamic system based on faith, ideology, culture, and political belief.

Participants of the gathering also stressed the importance of strengthening the Islamic system and enhancing national unity. They stated that the current system enjoys domestic legitimacy among the Afghan people and that those plotting against it are not accepted by society.

They further added that they will continue to defend the existing system through unity and solidarity and will not allow insecurity or external interference in Afghanistan’s internal affairs.

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FIFA World Cup group stage wraps up; moves into high-stakes knock out round 

With the safety net of the group stage now gone, every match will produce either jubilation or heartbreak.

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The group stage of the FIFA World Cup 2026 has officially concluded, with the tournament now shifting into the high-stakes knockout round where every match becomes do-or-die.

The Round of 32 gets underway today, with one of the tournament’s biggest surprise stories taking centre stage as South Africa face co-hosts Canada at SoFi Stadium in Los Angeles.

While traditional football powerhouses such as Argentina, Brazil, France, Germany, Spain, England and the Netherlands safely progressed to the knockout phase, this year’s expanded 48-team tournament has also produced one of African football’s greatest World Cup campaigns.

For the first time in tournament history, nine African nations have qualified for the knockout rounds, underlining the continent’s growing strength on football’s biggest stage.

Morocco once again demonstrated why they remain one of Africa’s elite sides, finishing second behind Brazil in Group C with seven points after an impressive campaign that included a draw against the five-time world champions.

Ghana also lived up to expectations by advancing from a difficult Group L, while Senegal secured qualification from Group I after another composed and disciplined tournament.

However, the biggest headlines belonged to Africa’s emerging football nations.

South Africa completed one of the stories of the tournament by reaching the knockout rounds for the first time after defeating South Korea 1-0 in a dramatic final group match. Bafana Bafana, who were given little chance of progressing before the competition began, have become one of the World Cup’s surprise packages.

Ivory Coast also reached the last 32 for the first time after recovering from defeat to Germany with convincing victories over Ecuador and Curaçao.

Egypt booked their place after earning a crucial draw against Iran, while Algeria secured qualification following an entertaining 3-3 draw with Austria.

Cape Verde has perhaps captured the imagination of football fans more than any other African nation. The island nation remained unbeaten through the group stage, earning draws against Spain, Uruguay and Saudi Arabia to advance in their World Cup debut knockout appearance. Veteran goalkeeper Vozinha produced a series of memorable performances, including a standout display against Spain.

The Democratic Republic of Congo also made history, recording their first-ever World Cup victory with a 3-1 win over Uzbekistan to secure a place in the knockout rounds.

Africa’s representatives now face a daunting but exciting set of Round of 32 fixtures. South Africa meet Canada in the opening knockout match on Sunday, Morocco take on the Netherlands, Ghana face Colombia, Ivory Coast battle Norway, DR Congo play England, Senegal meet Belgium, Algeria face Switzerland, Egypt take on Australia, and Cape Verde will test themselves against defending champions Argentina.

The knockout stage also features an impressive mix of football’s traditional heavyweights and emerging nations. Hosts Canada, Mexico and the United States all advanced, alongside Argentina, Brazil, France, Germany, Spain, England, Belgium, Portugal, Colombia, Japan, Australia, Switzerland, Sweden, Norway, Paraguay, Ecuador, Bosnia-Herzegovina and Morocco.

With the safety net of the group stage now gone, every match will produce either jubilation or heartbreak. For Africa, however, the tournament has already become one to remember. Nine nations remain in contention, carrying not only their own ambitions but the hopes of an entire continent into the World Cup’s decisive rounds.

Fans across Afghanistan can tune in to Ariana Radio and Television Network (ATN) daily to watch this exciting event unfold as ATN has the exclusive rights to broadcast the event across the country live. 

Football fans are encouraged to follow Ariana Television and Ariana News’ social media pages for updates, latest stats and match schedules so as not to miss out on the action.

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Afghanistan remains central to SCO–UN talks in New York Consultations

According to the SCO Secretariat, the meeting was held on June 26 at the United Nations Headquarters in New York, where both sides exchanged views on a wide range of issues related to mutual cooperation.

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The Secretariat of the Shanghai Cooperation Organization (SCO) says that Afghanistan and efforts to ensure stability in the country were among the key topics discussed during the fourth round of consultations with the United Nations Secretariat.

According to the SCO Secretariat, the meeting was held on June 26 at the United Nations Headquarters in New York, where both sides exchanged views on a wide range of issues related to mutual cooperation.

The United Nations delegation provided updates on its work under the “Climate, Peace and Security” agenda, ongoing efforts to stabilize Afghanistan, and support for Central Asian countries in maintaining sustainable peace and stability in the region.

Meanwhile, the SCO Secretariat briefed the UN side on preparations for the upcoming Bishkek Summit, the outcomes of ministerial meetings held under Kyrgyzstan’s chairmanship, and progress on institutional reforms within the organization.

The SCO Secretariat added that the consultations were conducted in a constructive atmosphere.

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