Afghanistan predicted loss of a billion dollars due to women

The economy of Afghanistan predicted huge cash losses due to the solutions of the Taliban (Taliban, prohibited in Russia a terrorist organization) to limit work opportunities for women. This is stated in the UN Report published by Bloomberg.

In the UN study, it is noted that the ban for Afghan women to work can bring the country’s economy in the amount of almost one billion dollars (about 5 percent of GDP). At the moment, the economy of Afghanistan is experiencing a period of rapidly growing inflation and cash deficiency. At the same time, women make up about 20 percent of labor in the country.

In September, Afghan women lost opportunities to work together with men in government agencies, banks, media, as well as most companies. So, women could only work where there are no men due to the fact that the Taliban decided to follow their vision of the norms of Sharia and Islamic law.

“I want to very clearly designate: there can be no complete restoration of the Afghan economy without the participation of women. Our initial results show that the contribution of educated women in labor productivity in Afghanistan is higher than that of men with the same level of education,” said the head UN Development Programs (UNDP) Abdalla Al-Dardari.

UN also indicates that the restriction for Afghan women in the field of employment adds difficulties for the country’s economy against the background of the termination of international support. For funds that allocated by other countries as aid accounted for about 40 percent of the country’s GDP and 80 percent of all budget expenditures. At the same time, more than nine billion dollars from the reserves of Afghanistan abroad remain frozen US and other Western countries due to concerns about the continuing taliban ties with terrorism, human rights violations and the inability to create an inclusive government. The UN emphasizes that in the following years, Afghan GDP can be reduced to 30 percent.

The economic problems of Afghanistan have previously increased due to the banking crisis. At the end of September, there was a massive withdrawal in the country, and most banks stopped working or provide a full range of services.

/Media reports.