Connect with us

Latest News

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).

Published

on

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.

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.

Published

on

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.

Continue Reading

Latest News

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.

Published

on

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.

Continue Reading

Latest News

Afghanistan committed to continued cooperation with UN on humanitarian and development projects: FM Muttaqi

According to the ministry, during the meeting Lemarquis shared his views on improving the delivery and management of humanitarian assistance in Afghanistan.

Published

on

The Ministry of Foreign Affairs of Afghanistan says Foreign Minister Amir Khan Muttaqi has met with Bruno Lemarquis, Deputy Special Representative of UNAMA and Humanitarian Coordinator, for an introductory meeting.

According to the ministry, during the meeting Lemarquis shared his views on improving the delivery and management of humanitarian assistance in Afghanistan.

The Afghan Foreign Minister emphasized the importance of continuing humanitarian aid while also stressing the need to implement development and infrastructure projects across the country. He reiterated that the Islamic Emirate will continue its necessary cooperation with the United Nations in this regard.

Lemarquis thanked the Foreign Minister for the meeting and pledged to make full efforts in carrying out his responsibilities. He also highlighted the importance of expanding engagement and cooperation in various sectors between the two sides.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!


Warning: Undefined array key "slug" in /var/www/vhosts/ariananews.af/httpdocs/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /var/www/vhosts/ariananews.af/httpdocs/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /var/www/vhosts/ariananews.af/httpdocs/wp-includes/class-wp-theme-json.php on line 2117