KABUL, 28 November 2021, (TON): Afghanistan’s economy could shrink by 30 per cent or more in the coming months amid an economic and humanitarian crisis in the war-hit country, warned International Monetary Fund.

Asia Times said “in a report that Afghanistan’s financial condition is continuously moving towards a total economic collapse. Quoting IMF, the report said Afghanistan is teetering towards a catastrophic famine situation. The economic instability could be traced from the time when the western forces decided to pull-out troops from the country.”

Most of the international forums including the IMF, World Bank, EU, US stopped their aid and assistance to Afghanistan with the onset of the Taliban’s regime in Kabul.

The report said “the move came as the international community did not want their funds to fall into the hands of a regime that has thus far “taken few if any practical steps to eliminate transnational jihadi networks in its midst.”

Besides the aid refusals, the US also froze Afghanistan’s worth $9.5 billion held in US banks and financial institutions.