CNN CNN Newsroom With Ana Cabrera August 25, 2021 17:44:00
The world bank says it is exploring ways to remain engaged in afghanistan. this is a huge deal because afghanistan's economy is very much dependent on foreign aid. a staggering 75% of public spending is financed through international aid grants. and the world bank alone has committed more than $5 billion for development projects in afghanistan. that is now in doubt with the taliban under control. the other risk here is inflation set off by the fact that the kre currency plunged to record lowes. that raises the specter of much higher food prices which would hit the country's poorest the hardest...