The Taliban economy: Can Afghanistan avert a financial collapse?
Without cash deliveries and its impounded international reserves, banks could fold and civil servants could go unpaid.
The Taliban has the keys to the presidential place, but they do not have access to all the levers of power, including billions of dollars held overseas.
Washington stopped the shipment of dollars to Afghanistan before the government’s fall. Without dollars, the currency will depreciate, causing inflation, increasing food prices and poverty. Jonah Blank, a lecturer at the National University of Singapore and senior political scientist at the Rand Corporation, explains the economic consequences.
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