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The economy of Afghanistan is listed as the 124th largest in the world in terms of nominal gross domestic product (GDP), and 102nd largest in the world in terms of purchasing power parity (PPP). With a population of around 41 million people, Afghanistan's GDP (nominal) stands at $14.58 billion as of 2021, amounting to a GDP per capita of $363.7. Its annual exports exceed $2 billion, with agricultural, mineral and textile products accounting for 94% of total exports. The nation's total external debt is $1.4 billion as of 2022.
Da Afghanistan Bank is the central bank of Afghanistan. It regulates all banking and monetary transactions in Afghanistan. Established in 1939, the bank is wholly government-owned. It is active in developing policies to promote financial inclusion and a member of the Alliance for Financial Inclusion.
Kabul International Airport is located about five kilometres (3 mi) from the center of Kabul in Afghanistan. It is owned by the Government of Afghanistan and operated by UAE-based GAAC Holding on behalf of the Ministry of Transport and Civil Aviation. It serves as one of the nation's main international airports, capable of housing over one hundred aircraft. It was locally named as Khwaja Rawash Airport. The airport was renamed in 2014 in honor of former President Hamid Karzai. The decision was made by the National Assembly of Afghanistan and the Cabinet of the then President Ashraf Ghani. It was given its current name in 2021 by the Taliban.
Relations between Afghanistan and the United States began in 1921 under the leaderships of King Amanullah Khan and President Warren G. Harding, respectively. The first contact between the two nations occurred further back in the 1830s when the first recorded person from the United States explored Afghanistan. The United States government foreign aid program provided about $500 million in aid for economic development; the aid ended before the 1978 Saur Revolution. The Soviet invasion of Afghanistan in 1979 was a turning point in the Cold War, when the United States started to financially support the Afghan resistance. The country, under both the Carter and Reagan administrations committed $3 billion dollars in financial and diplomatic support to the anti-Soviet Mujahideen forces. Beginning in 1980, the United States began admitting thousands of Afghan refugees for resettlement, and provided money and weapons to the Mujahideen through Pakistan's Inter-Services Intelligence (ISI). The USSR withdrew its troops in 1989.
New Kabul Bank is a bank in Afghanistan that has its main branch in the capital city of Kabul. It was established in 2004 as the Kabul Bank, the first private bank in Afghanistan. After corruption and scandals it was re-established in 2011 as the New Kabul Bank.
Zabihullah Mujahid is an Afghan official serving as the chief spokesman for the Islamic Emirate of Afghanistan (Taliban) since 25 October 2021 and Deputy Minister of Information and Culture since 7 September 2021. He has long served as one of several spokesmen for the Taliban, the others being Suhail Shaheen and Yousef Ahmadi. Mujahid commented mainly on the Taliban's activities in eastern, northern, and central Afghanistan, while Ahmadi focused on the western and southern regions. In addition to being the government's main spokesman, Mujahid serves as a personal spokesman for Supreme Leader Hibatullah Akhundzada.
The War in Afghanistan was an armed conflict from 2001 to 2021. It was the direct response to the September 11 attacks. It began when an international military coalition led by the United States launched an invasion of Afghanistan, declaring Operation Enduring Freedom as part of the earlier-declared war on terror; toppling the Taliban-ruled Islamic Emirate and establishing the Islamic Republic three years later. The Taliban and its allies were expelled from major population centers by the US-led forces, supporting the anti-Taliban Northern Alliance; however Bin Laden relocated to neighboring Pakistan. The conflict officially ended with the 2021 Taliban offensive, which overthrew the Islamic Republic, and re-established the Islamic Emirate. It was the longest war in the military history of the United States, surpassing the length of the Vietnam War (1955–1975) by approximately 6 months.
The Embassy of the United States of America in Kabul was the official diplomatic mission of the United States of America to the Islamic Republic of Afghanistan. The embassy was housed in a chancery located on Great Massoud Road in the Wazir Akbar Khan neighborhood of the Afghan capital, Kabul, and was built at a cost of nearly $800 million. On August 15, 2021, in the face of a Taliban advance on Kabul, embassy staff relocated to makeshift but secure facilities at Hamid Karzai International Airport. Kabul fell and the chancery building officially closed late August 15th.
Iranian frozen assets in international accounts are calculated to be worth between $100 billion and $120 billion. Almost $2 billion of Iran's assets are frozen in the United States. According to the Congressional Research Service, in addition to the money locked up in foreign bank accounts, Iran's frozen assets include real estate and other property. The estimated value of Iran's real estate in the U.S. and their accumulated rent is $50 million. Besides the assets frozen in the U.S., some parts of Iran's assets are frozen around the world by the United Nations.
2021 (MMXXI) was a common year starting on Friday of the Gregorian calendar, the 2021st year of the Common Era (CE) and Anno Domini (AD) designations, the 21st year of the 3rd millennium and the 21st century, and the 2nd year of the 2020s decade.
Ajmal Ahmady is an Afghan-American economist and politician who formerly served as the Acting Governor of the Central Bank of Afghanistan, Da Afghanistan Bank, the Acting Minister of Commerce and Industry of Afghanistan, the Senior Economic Advisor to the President of Afghanistan, and represented Afghanistan on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline.
The United States Armed Forces completed their withdrawal from Afghanistan on 30 August 2021, marking the end of the 2001–2021 war. In February 2020, the Trump administration and the Taliban, without the participation of the then Afghan government, signed the United States–Taliban deal in Doha, Qatar, which stipulated fighting restrictions for both the U.S. and the Taliban, and provided for the withdrawal of all NATO forces from Afghanistan in return for the Taliban's counter-terrorism commitments. The Trump administration's United States–Taliban deal, and then the Biden administration's decision in April 2021 to pull out all U.S. troops by September 2021 without leaving a residual force, were the two critical events that triggered the start of the collapse of the Afghan National Security Forces (ANSF). Following the deal, the US dramatically reduced the number of air attacks and deprived the ANSF of a critical edge in fighting the Taliban insurgency, leading to the Taliban takeover of Kabul on 15 August 2021.
Operation Allies Refuge was an evacuation effort carried out by the United States during the 2021 Taliban offensive. It took place in the final weeks of the War in Afghanistan and saw the airlifting of certain at-risk Afghan civilians, employees of the American embassy in Kabul, and other prospective applicants for the U.S. Special Immigrant Visa (SIV). American personnel also helped NATO and other regional allies in their respective evacuation efforts from Hamid Karzai International Airport in the capital city of Kabul. The operation was concurrent with the broader American military withdrawal from Afghanistan and the multinational evacuation of eligible foreigners and vulnerable Afghans.
On 15 August 2021, Afghanistan's capital city of Kabul was captured by the Taliban after a major insurgent offensive that began in May 2021. It was the final action of the War in Afghanistan, and marked a total victory for the Taliban. This led to the overthrowing of the Islamic Republic of Afghanistan under President Ashraf Ghani and the reinstatement of the Islamic Emirate of Afghanistan under the control of the Taliban.
The Islamic Republic of Afghanistan was a presidential republic that ruled Afghanistan from 2004 to 2021. The state was established to replace the Afghan interim (2001–2002) and transitional (2002–2004) administrations, which were formed after the 2001 United States invasion of Afghanistan that had toppled the partially recognized Taliban-ruled Islamic Emirate of Afghanistan. However, on 15 August 2021, the country was recaptured by the Taliban, which marked the end of the 2001–2021 war, the longest war in US history. This led to the overthrow of the Islamic Republic, led by President Ashraf Ghani, and the reinstatement of the Islamic Emirate under the control of the Taliban. While the United Nations still recognizes the Islamic Republic as the legitimate government of Afghanistan, this toppled regime controls no portion of the country today, nor does it operate in exile. It effectively no longer exists. The Islamic Emirate is the de facto ruling government. The US–Taliban deal, signed on 29 February 2020 in Qatar, was one of the critical events that caused the collapse of the Afghan National Security Forces (ANSF). Following the deal, the US dramatically reduced the number of air attacks and deprived the ANSF of a critical edge in fighting the Taliban insurgency, leading to the Taliban takeover of Kabul.
Mohammad Zahir Aghbar, is an Afghan diplomat and law enforcement official. He currently serves as Afghanistan's ambassador to Tajikistan and has also claimed the title of acting First Vice President of Afghanistan.
Large-scale evacuations of foreign citizens and some vulnerable Afghan citizens took place amid the withdrawal of US and NATO forces at the end of the 2001–2021 war in Afghanistan. The Taliban took control of Kabul and declared victory on 15 August 2021, and the NATO-backed Islamic Republic of Afghanistan collapsed. With the Taliban controlling the whole city except Hamid Karzai International Airport, hostilities ceased and the Taliban assisted in the evacuation effort by providing security and screening evacuees.
The war in Afghanistan ended with the Taliban victorious when the United States withdrew its troops from Afghanistan. The aftermath has been characterized by marked change in the social and political order of Afghanistan as Taliban took over the country once again after the fall of Kabul in 2021.
Executive Order 14064, officially titled Protecting Certain Property of Da Afghanistan Bank for the Benefit of the People of Afghanistan, was signed on February 11, 2022 and is the 80th executive order signed by U.S. President Joe Biden. The telos of the order is providing humanitarian assistance to the Afghan people by using frozen assets.
A 4.0-kilometre (2.5 mi) deep earthquake measuring magnitude (Mw ) 6.2 struck southeastern Afghanistan on 22 June 2022 at 01:24:36 AFT. The earthquake had a maximum Modified Mercalli intensity of IX (Violent). There were 1,052–1,163 deaths and 1,627–2,976 injured in Afghanistan and Pakistan. The worst affected provinces in Afghanistan were Paktika, Paktia, Khost and Nangarhar. Casualties and damage also occurred in Pakistan's Khyber Pakhtunkhwa. At least 10,000 homes collapsed or were severely damaged. The earthquake's shallow hypocenter, proximity to populated areas and low building quality contributed to its destructive effects. Shaking was felt over 500 km (310 mi) away by at least 119 million people, including Pakistan's Punjab and parts of India and Iran.
References
- ↑ "The US froze Iran's assets for decades, and it could foretell what may happen to the Afghan central bank's nearly $10 billion the Taliban is trying to get its hands on". Business Insider.
- ↑ Nichols, Michelle (9 September 2021). "U.N. Warns Afghanistan needs money to prevent total breakdown". Reuters.
- 1 2 Goldbaum, Christina; Padshah, Safiullah; Shah, Taimoor (2022-02-13). "Biden's Decision on Frozen Funds Stokes Anger Among Afghans". The New York Times. ISSN 0362-4331 . Retrieved 2022-02-18.
- ↑ "A cash crunch is crippling Afghanistan". The Economist. 2022-02-19. ISSN 0013-0613 . Retrieved 2022-02-18.
- ↑ Savage, Charlie (2022-02-11). "Spurning Demand by the Taliban, Biden Moves to Split $7 Billion in Frozen Afghan Funds". The New York Times. ISSN 0362-4331 . Retrieved 2022-02-18.
- ↑ Stempel, Jonathan (26 August 2022). "Sept. 11 victims not entitled to seize Afghan central bank assets -U.S. judge". Reuters . Retrieved 28 August 2022.
- ↑ Limaye, Yogita (24 November 2022). "Afghanistan: 'I drug my hungry children to help them sleep'". BBC.
- ↑ "Child malnutrition cases rise nearly 50% in Afghanistan as hunger hits record levels". Save the Children. 31 October 2022.
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