Islamic Emirate applauds World Bank report on economy

The report, which was released on Monday, found that Afghanistan's economy has shown promising signs in recent months, including a decline in food and oil prices, a stable value of the afghani currency against foreign currencies, a significant increase in exports, and timely payment of government employee salaries.

The Islamic Emirate said that it is committed to further economic progress and that it believes that removing banking sector restrictions and releasing frozen capital belonging to Afghans would help to achieve this goal.

The IEA also called on international organizations and aid agencies to collaborate on financing development projects and to resume and complete projects that were previously financed by the World Bank but left unfinished when the IEA regained control of Afghanistan.

The World Bank report is the latest in a series of positive assessments of Afghanistan's economy. In May, the IMF said that Afghanistan's economy was "showing signs of stabilization" and that it expected growth to reach 3.4% in 2023.

The IEA's decision to welcome the World Bank report and to call for continued international support is a sign that the group is committed to economic development. It remains to be seen whether the IEA will be able to achieve its goals, but the positive assessments of Afghanistan's economy are a step in the right direction. (ILKHA)