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Ministry of Economy to Establish 5 Economic Zones

The Ministry of Economy is planning to establish five economic zones across the country as a step toward attracting investment in Afghanistan.

“These zones will be established in the provinces in the north, west, southwest, east and southeast. They are aimed at attracting international investment in addition to the national budget,” said Abdul Latif Nazari, deputy Minister of Economy.

This comes as Afghanistan struggles with a severe economic crisis with many international organizations raising alarms that the country’s economy is on the verge of collapse.

Shams Ali is one of many laborers who came to Kabul from central Parwan province to make ends meet.

“There is no work here. The prices of materials are so high. We are looking for jobs but can’t find any,” he said.

“There is no work in my own province. We five people came to Kabul to find jobs but the situation here has also deteriorated,” said Ihsanullah, a laborer.

The economists offered solutions to tackle the Afghan economic crisis.

“The private sector should be involved in these zones and invest. The government needs to provide facilities,” said Abdul Naseer Rishtia, an economist.

“It is too early for the current government to establish a zone because no one recognizes the current government. The major foreign companies will not invest. The establishment of economic zones needs a big budget for irrigation systems, good streets and the construction of other infrastructure,” said Muzamil Shinwari, an economist.

This comes as many international organizations warn of rising poverty in Afghanistan.  

Ministry of Economy to Establish 5 Economic Zones

This comes as many international organizations warn of rising poverty in Afghanistan.  

تصویر بندانگشتی

The Ministry of Economy is planning to establish five economic zones across the country as a step toward attracting investment in Afghanistan.

“These zones will be established in the provinces in the north, west, southwest, east and southeast. They are aimed at attracting international investment in addition to the national budget,” said Abdul Latif Nazari, deputy Minister of Economy.

This comes as Afghanistan struggles with a severe economic crisis with many international organizations raising alarms that the country’s economy is on the verge of collapse.

Shams Ali is one of many laborers who came to Kabul from central Parwan province to make ends meet.

“There is no work here. The prices of materials are so high. We are looking for jobs but can’t find any,” he said.

“There is no work in my own province. We five people came to Kabul to find jobs but the situation here has also deteriorated,” said Ihsanullah, a laborer.

The economists offered solutions to tackle the Afghan economic crisis.

“The private sector should be involved in these zones and invest. The government needs to provide facilities,” said Abdul Naseer Rishtia, an economist.

“It is too early for the current government to establish a zone because no one recognizes the current government. The major foreign companies will not invest. The establishment of economic zones needs a big budget for irrigation systems, good streets and the construction of other infrastructure,” said Muzamil Shinwari, an economist.

This comes as many international organizations warn of rising poverty in Afghanistan.  

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