Friday, November 25, 2011

International:  World Bank Issues Alert on Afghanistan Economy

Afghanistan will suffer a recession in 2014 and beyond after foreign troops leave and aid dwindles, and if the security situation gets worse, the country could face complete economic collapse, according to an ominous report released in Kabul on Tuesday by the World Bank.
Afghanistan faces a difficult decision over whether to go ahead with plans to expand its security forces to 352,000 soldiers, or to scale back to leave more room in the budget for education, health care and infrastructure. There will not be enough money for both, the World Bank report indicates.

For more, see World Bank Issues Alert on Afghanistan Economy by Alissa J. Rubin, November 22, 2011 at NYTimes.com.

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