The Kabul Times.
Economic

Government fully supporting private sector & domestic products

26081 afghanistan ado final2

As the private sector, referring to any profit-oriented activities and transaction outside of direct state control, can play key role in economic development and lead economic growth in Afghanistan, the Islamic Emirate officials in their recent meetings with representatives of the Afghan private sector have assured them of providing security and addressing their needs.
The Islamic Emirate of Afghanistan would like to create a more facilitating environment for the Afghan private sector, particularly for the many smaller players that form the bulk of the economy as they can contribute to improving human and tradition security conditions in the country. At the first meeting of the Economic Commission held last week, officials of the Islamic Emirate of Afghanistan (IEA) emphasized the efforts for Afghanistan’s self-sufficiency and support for the private sector. They said they are trying to launch long-term projects, including mining in different parts of the country.
Abdul Salam Hanafi, the Second Deputy Prime Minister, said at the meeting that the Islamic Emirate was providing comprehensive support to the private sector and investors to advance large-scale projects and mining. Hanafi added that the work of semi-finished projects from the previous government and new projects such as railways, fiber optics and other large projects will be started and completed according to the plan.
Meanwhile, Mullah Abdul Ghani Baradar, the First Deputy Prime Minister and head of the economic commission, criticized the infrastructure performance over the past 20 years, saying that no fundamental work had been done for Afghanistan’s self-sufficiency. Baradar added that the Islamic Emirate is paving the way for Afghanistan’s infrastructure growth and self-sufficiency by launching large-scale projects.
On the other hand, representatives of the private sector in their most recent meeting with Deputy Political Prime Minister of the Islamic Emirate of Afghanistan Mawlavi Abdul Kabir have expressed satisfaction with the security situation creating a good environment for business and trade.
They have also shared their problems and suggestions in connection with importing and production of spices and health products, including banking problems, high tariffs on imported raw materials and the lack of comprehensive laws in the Department of Medicine and Food.
Representatives of the private sector and manufacturing companies have asked the Islamic Emirate of Afghanistan for fully supporting the private sector and their products.
At the meeting, the Deputy Prime Minister thanked the businessmen and investors for their service to the people. Mawlavi Abdul Kabir said that supporting the private sector and investing in Afghanistan was one of the priorities of the Islamic Emirate, stressing that necessary efforts would be made to address the private sector’s problems and suggestions through relevant institutions.
Afghan economists and officials of the Afghan private sector say security situation has improved across the country and it’s time for the private sector to further invest in the country. The Islamic Emirate of Afghanistan (IEA) is also making effort to address all needs and problems facing the Afghan private sector as the private sector can play vital role in economic growth of the country.

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The Kabul Times.