Writer:Saeed Sameer
The latest report from the Lowy Institute states that Afghanistan is losing its mineral wealth in a way that not only fails to preserve its true value but also poses a serious threat to the country’s economic future.
The report highlights that the mining process in Afghanistan is proceeding without adherence to standard principles, and the lack of transparency has led to the improper use of the country’s natural resources. The Lowy Institute believes that if this situation continues, Afghanistan will be deprived of the long-term benefits of its strategic resources.
The report also emphasizes that the absence of effective policies, proper technical management, and international standards has caused the mining sector to become a source of loss and damage, rather than driving economic growth.
