Tuesday, August 16, 2016

150,000 jobs in Afghanistan were lost due to ISAF withdrawal

The withdrawal of ISAF by the end of 2014, according to estimates made by the Afghan Chamber of Commerce had left serious economic consequences for the country. By then there were in NATO and ISAF almost 150,000 Afghans directly or indirectly employed, said the board member of the Chamber of Commerce. Among them many Afghans were working as security guards to NATO.

He hoped that the last promised made by the international community at a donor conference in Tokyo billions in aid for the next four or five years will strengthened the purchasing power of Afghans. In particular, the payment of salaries to government employees could stimulate the economy. The departure of many foreigners since 2014, however, affect Kabul real estate market as well as jobs in Afghanistan. By then Housing, paid tens of thousands of dollars a month for the diplomats would now stand empty.
Jobs in Afghanistan
Jobs in Afghanistan and UAE


The biggest problem for Afghan private company is currently the corruption. The Afghan SME is the engine of the country, which could ensure greater prosperity. He will, however, increasingly weakened by corruption. They would also lead to the fact that the conditions for operators as far deteriorated that they either gave up or dodging in the underground economy, for example in drug trafficking.

A potential growth market is in hydro power, whose potential is far exploited only about one percent. Hydro power also have the advantage that Afghan companies could even start their business immediately. Electricity can be run profitably. The extraction of natural resources such as copper deposits in the east of the country, however, is very costly.

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