Afghanistan's trade deficit widens, with exports falling 5% and imports increasing by 37%.

World Bank Report: Afghanistan's trade deficit widens, exports fall 5% to $140.5m in Jan from last year, while imports increased by 37% to $830m. The country faces an economic recession due to reduced economic activity and ongoing inflation, with an annual inflation rate reaching -10.2% in January 2024. The World Bank's report indicates a trade deficit of $3.5bn and suggests that climate change and droughts have affected the agriculture sector and social security.

March 12, 2024
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