To the surprise of few, the Taliban has been unable to stabilize Afghanistan’s economy and the nature of the Taliban’s draconian rule has scared off both foreign aid and potential investors. Taliban leaders remain under sanctions and, while they have experience commanding an insurgency, know little about financial markets or the trappings of managing a modern economy. Afghanistan’s nearly 40 million people are at risk of falling below the poverty line.
Related to the economic collapse, half of Afghanistan’s population is facing critical food shortages and acute hunger. Over the winter, there were credible reports about Afghan families selling their children in order to get money to survive.
Meanwhile, the one area where the Taliban actually has experience and skill — fighting and armed conflict — has not been enough to keep an aggressive insurgency at bay. Islamic State Khorasan (ISK), the Islamic State’s Afghan branch, has wreaked havoc throughout Afghanistan, waging a guerrilla campaign of bombings, assassinations and suicide attacks that the Taliban has been unable to combat. ISK has also waged a relentless campaign of bombings targeting Afghanistan’s Shia Hazara minority.
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