Afghanistan: Afghanistan Can Be a $50 Billion Economy by 2025

Mar 10, 2018 | Daily Outlook Afghanistan
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Afghanistan may have seen muted economic growth in recent years; however impetus on specific drivers of growth can turn the clock around. If it wants to grow its economy from the current ~$21 billion to $50 billion by 2025, it would have to target a stellar 11% CAGR. That sounds daunting, but many nations have achieved decadal double-digit growth in their journey. Even India's Maharashtra state has set a target of 15% CAGR to reach $1 trillion by 2025. A high, yet achievable, target pushes the commitment from the politicians to realize the economic agenda. But to what extent should Afghanistan focus to grow each growth-driver to realize this target? This is what we explore here.