Afghanistan Development Update, January 2020 : Navigating a Sea of Uncertainty
Afghanistan currently faces a sea of uncertainty. Outcomes of the September 2019 presidential elections are not yet known, and preliminary results have been challenged. Insecurity continues, with government and insurgent operations imposing an incr...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/328861579623579913/Afghanistan-Development-Update-Navigating-a-Sea-of-Uncertainty http://hdl.handle.net/10986/33210 |
| Summary: | Afghanistan currently faces a sea of
uncertainty. Outcomes of the September 2019 presidential
elections are not yet known, and preliminary results have
been challenged. Insecurity continues, with government and
insurgent operations imposing an increasing burden in terms
of civilian casualties. Negotiations between the US and the
Taliban have recently resumed, but prospects for and the
contents of any eventual political settlement remain
unclear. In the meantime, the duration and extent of
continued international security support is being
questioned. While international grants continue to finance
75 percent of public expenditure, current aid pledges expire
at the end of 2020, with some major donors signaling
intentions to significantly reduce support. This context of
uncertainty has fundamental implications for the economy,
with growth and investment constrained by weak confidence. |
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