Categories: World

The Taliban: What is their source of income?

<p>
For the insurgent Taliban, the Covid 19 pandemic has not dented the inflow of income even as the world grappled with severe economic constraints. Extortion, drug trafficking which includes opium as a large chunk, ransom, extraction from illegal mining, and local taxes comprise the main sources of revenue generation for the hardline militant group, which is now set to rule Afghanistan.</p>
<p>
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/I9buYqc8lIc" title="YouTube video player" width="560"></iframe></p>
<p>
According to a <a href="https://www.undocs.org/S/2021/486">United Nations</a> report, the ongoing pandemic “does not appear to have had a material impact on trading routes, with the so-called Balkan and southern routes retaining their status as the primary trafficking channels for Afghan opiates.”</p>
<p>
It has an estimated annual income of about $1.6 billion- $3 billion.</p>
<p>
Sample this. The report noted that the seizure of Afghan heroin in Azerbaijan reportedly increased to 2,240 kg in 2020, compared to 802 kg in 2019. At the same time, the pattern and origin of methamphetamine seizures in countries neighbouring Afghanistan suggest that the manufacture of the drug in Afghanistan remained steady during the pandemic.</p>
<p>
<strong>Also read: <a href="https://www.indianarrative.com/world-news/america-removes-flag-from-kabul-embassy-takes-over-airport-for-evacuating-staff-108100.html">America removes flag from Kabul embassy, takes over airport for evacuating staff</a></strong></p>
<p>
Besides, it also added that the Taliban have also been expanding territorial control to extort money from a wide range of public infrastructure services, including road construction, telecommunications and road transport. According to the report, the daily taxes collected from illegal Taliban vehicle checkpoints between Pul-e Khumri and Mazar-e Sharif alone are estimated to be substantial.</p>
<p>
Donations from several other organisations and individuals have also generated adequate income for the Taliban.</p>
<p>
Sources told India Narrative that it is not yet clear what would be Taliban strategy relating to the ongoing infrastructure projects including China’s much hyped Belt and Road Initiative.</p>
<p>
“They will need resources and the ongoing projects will be a ready source of income. While the Taliban have promised to protect these infrastructure projects, uncertainty has increased and the world has to wait and watch,” a person on condition of anonymity told India Narrative.  </p>

IN Bureau

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

9 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

10 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

11 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

11 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

13 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

14 hours ago