Sunday, April 1, 2012

Businesses And Their Cash Are Starting To Flee Afghanistan



Cash Flight Out Of Afghanistan -- Al Jazeera

Will the country's economy collapse as billions in aid money leave the country along with international security forces?

There is a lot of concern about security in Afghanistan as international forces look to a 2014 drawdown.

But few have given any thought to an aid drawdown, one with the potential to collapse the Afghan economy.

Since 2001 donors have provided more than $52bn to Afghanistan. Barack Obama, the US president, has requested $12.8bn for the 2012 financial year alone, to equip and train Afghan forces.

Then there is declared money – about $4.6bn – which passed through Kabul's airport in suitcases last year, mostly to Dubai. The real figure could be much higher as Afghanistan has been the centre of a $68bn global opiate trade.

Read more ....

My Comment: The New York Times has more info on this story. What's may take .... when people put their money where their mouth is, that is when you know that they are serious. In Afghanistan's case .... people who represent the middle to upper middle class are getting ready to leave .... and if not reversed .... Afghanistan will have lost a generation (if not more) of it's best to a future that will guarantee nothing but more misery.

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