Thursday, May 17, 2007

Afghanistan's "Staggering" Economic Growth Doesn't Stem Poverty

Recently, Alastair McKechnie, the World Bank director for Afghanistan, called the changes in Afghanistan "staggering." According to McKechnie, the Afghan economy has grown at a 10% rate, and though he concedes that there is no available data on unemployment, "people even in rural areas look more prosperous," and are "generally much better off." --- Now the Bush administration has requested an additional $11.8 billion from Congress "to accelerate Afghan reconstruction projects and security forces training in 2007-2008," and to "help President Karzai defeat our common enemies.” This, they claim, is to demonstrate a "commitment to the Afghan people."--- Hopefully, the average Afghan, including the Afghan government, will reap some benefits, but so far it's not looking good. IRIN reports that since the 2001, about 60 donors have spent $13 billion in reconstruction and development activities; yet ”out of every US dollar spent by donors in Afghanistan's reconstruction 80 cents finds its way out of the country.” -- The "rest has been spent by donors themselves," with some Afghan officials stating that the money has been allocated through foreign subcontractors, leaving little accountability of where all the aid money is going.

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