Politics & Economics

$100 billion later, Afghanistan on the brink

Afghanistan’s economy is worsening and its security deteriorating despite more than a decade of U.S.-led reconstruction efforts and more than $100 billion poured into the country, according to the Special Inspector General for Afghanistan Reconstruction, an independent oversight agency created by Congress in 2008.

The agency’s investigation, conducted between October and December of last year, paints a grim picture of the country — including millions of dollars squandered on projects that never came to be, a resurgent Taliban, infiltration by the so-called Islamic State and a handful of guilty pleas from U.S. military personnel in bribery cases.

Despite all that, however, the United States should not back out now, experts said, or it runs the risk of a completely failed state — which in turn is a green light for terrorist organizations to grow, and oppression and corruption to spread.

Continue to the full article on CNBC.com, by Marguerite Ward.

Photo by DVIDSHUB, courtesy of Flickr CC.

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