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Afghanistan Development Update, July 2020 : Surviving the Storm
- 作者:
- World Bank
- 关键词:
- ECONOMIC GROWTH; ECONOMIC OUTLOOK; FISCAL TRENDS; MONETARY POLICY; TRADE DEFICIT; POVERTY REDUCTION; HOUSEHOLD WELFARE; CORONAVIRUS; COVID-19; PANDEMIC IMPACT; VALUE ADDED TAX; TAX REVENUE; INCOME DISTRIBUTION; DISTRIBUTIONAL IMPACT; Report; Rapport; Informe;
- 年份:
- 2020
- 出版地:
- Washington,USA
- 语种:
- English
- 摘要:
- The global COVID-19 crisis has compounded the daunting challenges currentlyfacing Afghanistan. Afghanistan has officially recorded 31,238 cases and 733 deathsas of end-June, with actual cases and fatalities expected to be far higher. The numberof cases is increasing rapidly, with no sign that the pandemic is under control. Withmajor disruptions to domestic economic activity, regional trade, and remittanceflows, the economy is now contracting rapidly. With declining incomes andincreasing food prices, hardship is increasing, with the poverty rate expected toincrease to up to 72 percent over 2020. Due to reduced trade, administrativedisruptions, and declining economic output, government revenues fell by more thana third below target levels in May, placing major pressure on government finances. COVID-19 has hit Afghanistan in the midst of a difficult political transition, anintensifying conflict, and significant uncertainty regarding future grant support.
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