Afghanistan Crisis: Afghans Struggling To Cope With Winter Season Amid Price Hike
Afghans are struggling to cope with the upcoming winter season in the war-torn and cash-strapped country, as majority of the people live under the poverty line and can barely afford basic daily needs due to a price hike of commodities.
Kabul, October 18: Afghans are struggling to cope with the upcoming winter season in the war-torn and cash-strapped country, as majority of the people live under the poverty line and can barely afford basic daily needs due to a price hike of commodities. "The purchase of power is sliming day by day and people can't afford to buy wood or other necessities to cope with the winter and keep their homes warm in the chilly season," a wood buyer Yar Mohammad told Xinhua news agency.
Mohammad said that the skyrocketing prices of daily needs have sandwiched the ordinary people, adding that the closure of borders and freezing Afghan assets abroad has caused economic problems for Afghans. "Borders are closed, banks don't have normal activities and Afghanistan assets abroad have been frozen," Mohammad said angrily. Afghanistan Crisis: Prices of Hijab and Turban Increase With Taliban's Return.
The US has reportedly frozen more than $10 billion since the Taliban took over Afghanistan in mid-August, which led to an uncertain situation where bank account owners have begun withdrawing their capital and local banks can not give more than $200 each week.
The country's economic situation worsens with a high inflation rate, increasing unemployment and growing poverty. The majority of people in Afghanistan do not have a central heating system in their homes and largely relying on the old-fashion heating system, the wood stove, to keep their home warm in the mountainous country.
"The business has flopped, the number of jobless people is on the rise and the economic situation is extremely unstable while the prices of fuel including petrol and diesel are going up day by day," a coal seller Mohammad Sabir whispered.
Last year at this time, according to Sabir, his shop was full of coal buyers. But nowadays, rarely do locals ask for coal, although the price is not too high. "The price of one-ton coal was 10,000 afghanis last year but this year it costs 11,000 afghanis," Sabir said, adding the purchase of power of the people has been shrunk this year in comparison with last year.
(The above story first appeared on LatestLY on Oct 18, 2021 03:43 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).