AGL 37.98 Decreased By ▼ -0.04 (-0.11%)
AIRLINK 212.50 Increased By ▲ 15.14 (7.67%)
BOP 9.65 Increased By ▲ 0.11 (1.15%)
CNERGY 6.38 Increased By ▲ 0.47 (7.95%)
DCL 9.20 Increased By ▲ 0.38 (4.31%)
DFML 37.60 Increased By ▲ 1.86 (5.2%)
DGKC 98.50 Increased By ▲ 1.64 (1.69%)
FCCL 35.94 Increased By ▲ 0.69 (1.96%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 14.21 Increased By ▲ 1.04 (7.9%)
HUBC 130.90 Increased By ▲ 3.35 (2.63%)
HUMNL 13.70 Increased By ▲ 0.20 (1.48%)
KEL 5.53 Increased By ▲ 0.21 (3.95%)
KOSM 7.26 Increased By ▲ 0.26 (3.71%)
MLCF 45.40 Increased By ▲ 0.70 (1.57%)
NBP 60.85 Decreased By ▼ -0.57 (-0.93%)
OGDC 222.25 Increased By ▲ 7.58 (3.53%)
PAEL 40.81 Increased By ▲ 2.02 (5.21%)
PIBTL 8.49 Increased By ▲ 0.24 (2.91%)
PPL 199.47 Increased By ▲ 6.39 (3.31%)
PRL 39.94 Increased By ▲ 1.28 (3.31%)
PTC 27.70 Increased By ▲ 1.90 (7.36%)
SEARL 108.40 Increased By ▲ 4.80 (4.63%)
TELE 8.64 Increased By ▲ 0.34 (4.1%)
TOMCL 36.20 Increased By ▲ 1.20 (3.43%)
TPLP 13.60 Increased By ▲ 0.30 (2.26%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.15 Increased By ▲ 1.18 (3.58%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 12,069 Increased By 342.1 (2.92%)
BR30 37,514 Increased By 1137.6 (3.13%)
KSE100 112,816 Increased By 3302.5 (3.02%)
KSE30 35,621 Increased By 1107.7 (3.21%)

BANGKOK: Myanmar has become the world’s largest source of opium, thanks to domestic instability and a decline in cultivation in Afghanistan, the United Nations said in a report on Tuesday.

The 95% decline in opium cultivation in Afghanistan after a drug ban by the Taliban in 2022 has seen global supply shifted to Myanmar, where political, social and economic instability brought about by a 2021 coup drove many to poppy farming, the UN Office on Drugs and Crime (UNODC) report said.

Myanmar farmers now earn about 75% more from opium poppy farming, as average prices of the flower have reached about $355 per kilogram and the cultivation area has increased by 18% year on year, from 40,100 to 47,000 hectares, boosting the potential yield to its highest level since 2001, the UNODC said.

“The economic, security and governance disruption that followed the military takeover of February 2021 continue to drive farmers in remote areas towards opium to make a living,” UNODC Regional Representative Jeremy Douglas said.

Poppy growth down 95% in Afghanistan since Taliban ban: UN

Opium cultivation areas expanded most in Myanmar’s border regions in northern Shan State, followed by Chin and Kachin states, as yield expanded by 16% to 22.9 kilogrammes per hectare because of more sophisticated farming practices, UNODC report said.

The surge in fighting between the Myanmar military and armed ethnic-minority groups will most likely accelerate the expansion of opium cultivation, Douglas said.

The Myanmar junta did not respond to a Reuters request for comment.

The expansion of opium cultivation feeds into a growing illicit economy in Myanmar that include high levels of synthetic drug production and trafficking as well as other criminal enterprises from money laundering to online scam centres run by organised crime.

Comments

Comments are closed.