Afghanistan faces an uncertain economic outlook. Economic growth has slowed considerably, unemployment is on the rise, and ongoing insecurity hampers investment and encourages many of the most productive and educated citizens to migrate.
The World Bank estimates that growth in 2016 will be below 2% percent and will remain low in the medium term. Declining levels of international support have reduced demand and contributed to deflation, which is likely to exacerbate an unemployment rate already at 40 percent. More
The ASERD programme plans to establish sustainable rural energy services in almost 200 rural communities over the next four years, providing both electric and thermal energy. Alongside the establishment of village level grids and thermal energy services, the project will pilot seven innovative financing and delivery models for eventual mainstreaming. This will bring sustainable energy to over 50,000 households.more
There is no way to significantly reduce poverty in Afghanistan without a strong focus on agriculture, rural employment generation, the promotion of sustainable livelihoods and the development of rural infrastructure. To this end, the National Area-Based Development Programme, a joint initiative of the Ministry of Rural Rehabilitation and Development and UNDP, invests in social organization, infrastructure, local economic development and sub-national governance initiatives. more