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World Bank reports Afghanistan’s economic recovery remains ‘fragile’
The World Bank report revealed that Afghanistan’s trade deficit surged by 54 percent in 2024, reaching $9 billion, which represents 45 percent of the country’s gross domestic product (GDP).
In their January Economic Monitor report, the World Bank noted Monday that while Afghanistan’s economic growth in 2023-24 was a positive development, growth remained insufficient to significantly improve social indicators.
“High poverty, unemployment, limited resources, and weak purchasing power continue to leave millions vulnerable,” the report stated adding that the outlook remains fragile due to policy uncertainty, financial isolation, and inadequate human and
physical capital.
“A rapid decline in foreign aid could further weaken aggregate demand, exacerbating economic pressures,” the World Bank stated.
The World Bank report revealed that Afghanistan’s trade deficit surged by 54 percent in 2024, reaching $9 billion, which represents 45 percent of the country’s gross domestic product (GDP).
The report attributes this decline to a five percent drop in exports, totaling $1.8 billion, primarily due to a reduction in coal and textile exports.
“Coal exports saw the steepest decline, plunging 64 percent to $92 million as Pakistan shifted to its traditional suppliers,” stated the World Bank.
The report highlighted an 11.5 percent increase in Afghanistan’s revenue collection, primarily driven by non-tax revenue and taxes levied at the country’s borders.
“Revenue collection remained strong in the first ten months of FY2024-25 (March 22, 2024 – January 21, 2025), totaling AFN 190.5 billion ($2.5 billion), or 12 percent of annual GDP,” stated the report.
The report also noted the country’s central bank, Da Afghanistan Bank, suspended US dollar auctions from September 4 to December 9 last year, which contributed to the depreciation of the afghani (AFN). The auctions resumed in January 2025, with the bank injecting more than $100 million.
The World Bank noted that fragile trade relations with Pakistan pushed Afghanistan to diversify its export markets, with Iran, Kazakhstan, and Uzbekistan each contributing around three percent of total exports.
However, Pakistan remains the largest export destination, accounting for 45 percent, followed by India at 34 percent.
“Afghanistan’s export base remains heavily dependent on food and coal, which made up 60 percent of total exports in 2024, down from 80 percent in 2023,” the report read adding that “this
highlights the urgent need for Afghanistan to expand its export portfolio and reduce reliance on a few commodities and markets”.
The World Bank stated that domestic tax revenue meanwhile grew 11 percent to AFN 72.1 billion, contributing 2.8 percentage points to overall revenue growth.
Non-tax revenue increased by 22 percent to AFN 66 billion. This growth was driven by higher income from mining, tolls, vehicle registrations, passport issuance, transport services, railways, and telecommunications, the report read.
“Ministries responsible for non-tax revenue exceeded targets by eight percent, contributing 45 percent to inland revenue collection,” the World Bank stated.
Customs duties and fees grew 20 percent year-on-year to AFN 51.5 billion, contributing 4.5 percentage points to total revenue growth. This increase was fueled by higher imports, stronger trade ties with Iran and Central Asia, improved border management, and recent tariff adjustments.
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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.
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.
International Sports
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.
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.
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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