Afghanistan faces severe economic crisis after suspension of US aid

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Afghanistan faces severe economic crisis after suspension of US aid

After the suspension of aid by the US, Afghanistan has faced a severe economic crisis. According to a report by the Center for Global Development, 35 percent of Afghanistan’s foreign aid is provided by USAID, and the suspension of aid is expected to reduce Afghanistan’s economic growth by 7 percent. According to the report, the value of the Afghan currency decreased by 11 percent against the US dollar in last 7 days, and the Afghan people expres…