Are Afghanistan's Mineral Deposits the Answer to Country's Economic Woes?

Dec 31, 2018 | Tamim Asey
View Original

As it stands, a mineral-based economy is one of the few options available when it comes to establishing a solid foundation on which to develop Afghanistan’s economy. The development of the country’s mineral sector has been hampered by insecurity, political instability, poor policy direction, the absence of a basic legal framework, and a lack of necessary infrastructure and transit agreements with neighboring countries. However, Afghanistan’s mineral deposits present an alternative to the country’s increasing over-reliance on an economy dependent on foreign aid.