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South Asian nations are expected to experience significant economic development: World Bank

The World Bank in its recent report on the economic growth of South Asian countries has highlighted that the economy of Afghanistan remains fragile with at least two-thirds of Afghan families facing livelihood challenges. The World Bank report said the South Asian nations are expected to experience significant economic development. It maintained that except for Afghanistan and Bangladesh, the South Asian nations are anticipated to develop at a rate of 5.8 percent in 2023 and 2024.

This estimate indicates that most South Asian countries have a promising economic future, which might present prospects for regional investment and growth. According to reports, the publication of the World Bank economic report will further caution investors looking to invest in Afghanistan. Afghanistan has become isolated because the international world has not publicly recognized the present government since the Taliban took over. According to a UN assessment, more than 70 percent of Afghans are currently suffering from extreme hunger and grave humanitarian situations. Afghanistan's condition continues to be of great concern, necessitating international attention and coordinated measures to lessen its citizens' suffering.