The Status Of The Afghan Economy Under Taliban Control : Planet Money : The Indicator from Planet Money As the Taliban assumes control of Afghanistan, uncertainty looms over an already-fragile financial system. Today on the show, we look into Afghani currency and the Afghan central bank, how it worked before and the questions of this precarious present moment.

The Taliban Controls The Afghan Economy. Now What?

The Taliban Controls The Afghan Economy. Now What?

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WAKIL KOHSAR/AFP via Getty Images
(WAKIL KOHSAR/AFP via Getty Images)
WAKIL KOHSAR/AFP via Getty Images

After the U.S. withdrawal from Afghanistan, the Afghan economy is in turmoil. According to World Bank data, Afghanistan's 2020 GDP is around 19.8 billion dollars, while the economy also needs billions of international assistance every year.

Former U.S. financial attaché to Afghanistan Alex Zerden says the Taliban's takeover will send enormous shocks across Afghanistan's commercial and banking systems. The U.S. government suspended shipments of U.S dollars to Afghanistan, which plays a crucial role in the local economy. In addition, the local money exchange system Hawala is facing uncertainty as well.

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