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The Independent UK
The Independent UK
National
The Associated Press

Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank

Afghanistan Economy - (Copyright 2023 The Associated Press. All rights reserved.)

Afghanistan’s economy is showing modest signs of growth after two years of severe contraction, the World Bank said.

In its latest development update issued late Wednesday, the financial institution said modest GDP growth of 2.7% was driven by private consumption. The partial recovery, coupled with falling food prices, helped to gradually improve household welfare.

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