Afghanistan business loan

Afghanistan Gets $1.3B In Foreign Loans In Just about Two Decades

Afghanistan has obtained at least $1.3 billion in loans from different countries and also international institutions in the last 18 years, according to statistics by Ministry of Financial.

The statistics reveal that the loans received during this period are a small amount when compared with other countries in the region, but economic commentators insist that the loans are major burden on the Afghan people.

The Ministry of Financial said that Afghanistan nevertheless owes $20 million from Iran and also Russia from the Soviet era, however, talks are underway using these countries so that they forgive the money.

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