Food may run out within a month, bringing the Afghan economy to its knees.
AFGHANISTAN is facing a new problem, with officials warning that UN food reserves may run out within the month.
According to Ramiz Alakbarov, the UN’s humanitarian leader in Afghanistan, roughly a third of Afghanistan’s population, or 38 million people, are unsure whether they will have food every day.
The UN’s World Food Programme has been distributing food across the country in recent weeks, but current reports indicate that shortages are expected.
With winter approaching and the country still suffering from a drought, officials have warned that the country will require at least $200 million in order to sustain itself.
UN authorities had estimated that $1.3 billion would be required for overall relief efforts in the country.
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Mr Alakbarov warned reporters at a virtual news conference that the World Food Program’s inventories in the nation will be depleted by the end of September.
“We won’t be able to give those critical food items because we won’t have enough.”
As food becomes scarce, the cost of remaining produce has risen.
“If the situation continues like this, and there is no government to control prices, local people would face a lot of problems,” Mohammad Sharif, a trader in Kabul, told ABC News.
As cash reserves run low, there have been reports of huge lines outside banks.
As the economy collapses, Afghans in Kabul have been scrambling to retrieve their money in cash, according to news reports last week.
Two associate fellows from a London-based foreign affairs think tank wrote on their blog that the economy has been “brought to its knees.”
“The Afghan economy is being brought to its knees by the closure of remittance banks and offices, a collapse in the value of the currency, food and fuel shortages in the cities, price inflation, trade disruption, and the inability to pay wages,” wrote Chatham House associate fellows Mark Bowden and Martin Barber in a blog post.
Prices have started skyrocketing in Kabul’s bazaars as the economy is anticipated to collapse in the next weeks, according to officials.
According to Hans-Jakob Schindler, a former German diplomat, the economic collapse might occur within weeks or months.
“Then the economy is in serious trouble,” he remarked.