Skip to main content
Latest news
تصویر بندانگشتی

Afghan Economic Development in 2023 Reviewed

The start of construction of the 2nd phase of the Qush Tepa canal, the reconstruction of the Salang highway and contracts worth billions of dollars are considered to be the main economic projects under focus in 2023.

However, according to the UN agencies' reports, poverty and economic hardship has remained an unabated problem for Afghans over the last year.

The Ministry of Economy (MoE) said that 179 projects worth over 27 billion Afs have been completed this year.

“Currently, all facilities which are under the focus of the government including the projects and infrastructure are being supported through our national revenue. This is the achievement of the Islamic Emirate,” said Abdul Latif Nazari, the Deputy Minister of Economy.

Speaking at the inauguration ceremony of the start of work on the second phase of the Qush-Tepa canal, the acting Defense Minister, Mawlawi Mohammad Yaqoob Mujahid, pledged security of the Qosh Tepa Canal project, saying that they will not allow anyone to create obstacles to this project.

“All of us, especially the national and Islamic armies of the Defense Ministry, are behind the implementation of such projects, and they will support it with all their power,” Yaqoob Mujahid said.

The acting Minister of Interior, Sirajuddin Haqqani at the same ceremony said that the Afghans are a zealous nation and stand by their commitments and promises.
“We do not exceed our limits and we defend our rights,” he said then.

Since the start of 2023, senior officials of the Islamic Emirate including the Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar and acting ministers of industry and commerce, transport and civilian aviation, energy and water and foreign affairs traveled to various regional countries such as Turkey, China, Iran, Russian, Kazakhstan, Uzbekistan and Pakistan in a bid to improve the country’s economic ties.

On May 18, 2023, speaking at the 14th Russian Islamic World "Kazanforum," the acting Minister of Industry and Commerce, Nooruddin Azizi, called on regional countries to invest in various sectors of Afghanistan, saying that the country has the capacity to become an industrial country.

“Thousands of domestic and foreign investors have recently shown an interest in investment in different sectors in Afghanistan. They received licenses and they are in contact with various organizations to start their businesses,” he said.

On November 11, 2023, Baradar, who then returned to Kabul from Iran, announced the signing of several memorandums of understanding with government officials and the private sector of Iran.

Baradar told reporters at the Kabul International Airport that the signing of these memorandums is a great achievement for the two countries, which can provide better business opportunities between Tehran and Kabul.

“We signed several memorandums of understanding with government officials and the private sector, which, if Allah willing, will be a great achievement for Iran and Afghanistan,” said Baradar.

The representatives of several other countries such as Russia, Iran, US, Uzbekistan have arrived in Afghanistan to discuss the economic issues with the officials in Kabul.

On October 29, 2023, Jamshid Kuchkarov, the Deputy PM– Minister of Economy and Finance of Uzbekistan, called for peace and stability in Afghanistan, saying it is important for the region, and he pledged that his country will cooperate in the transit, trade and agriculture sectors of Afghanistan.
“The ministers of agriculture and water resources of Uzbekistan are among the delegation and want to use their experiences in Afghanistan,” Kuchkarov told a gathering held at the Arg at that time.

On October 11, 2023, Iran’s economic delegation reached an agreement with Islamic Emirate officials and private sector representatives of Afghanistan on some issues in the areas of trade development.

Iran's Ambassador to Kabul Hassan Kazemi Qomi, said they agreed to create an Iran-Afghanistan chamber, trade development, to provide facilities in the transit sector and investment in the agricultural sector.
“The creation of the Iran-Afghanistan Joint Chamber is one of the ways for introducing the capabilities and relative economic benefits of the two nations. The Chamber of Commerce of the two countries is responsible for the introduction of companies and entrepreneurship of economic banks. This is one of the things we agreed on,” Qomi noted.

The officials within the Ministry of Transportation and Civilian Aviation, have repeatedly urged the international airlines to resume flights to Afghanistan.

On May 24, 2023, direct flights between Kabul and Urumqi of China began, while on November 15, Fly Dubai, a UAE-based airline, resumed flights.
Haji Obaidullah Sader Khail, head of the Afghan Business Council in the UAE, told TOLOnews that the company will increase its flights, and soon another airline, Air Arabia, will also start flights to Kabul.

“Today, I’m very delighted that after two years and four months Flydubai started its flights to Afghanistan, and I myself came on its first flight. We have worked a lot on this, and we succeeded today as Fly Dubai’s flight landed in Kabul airport safely,” Sader Khail said then.

Many exhibitions of Afghan products were held throughout the year inside and outside the country.

On August 3, an exhibition was held where 70 stalls were dedicated to the Afghan traders.

In November this year, a seven-days exhibition of Khadija-tul Kubra was held where more than 800 businesswomen from 34 provinces displayed their products and creations.

Afghan Economic Development in 2023 Reviewed

The Ministry of Economy (MoE) said that 179 projects worth over 27 billion Afs have been completed this year.

تصویر بندانگشتی

The start of construction of the 2nd phase of the Qush Tepa canal, the reconstruction of the Salang highway and contracts worth billions of dollars are considered to be the main economic projects under focus in 2023.

However, according to the UN agencies' reports, poverty and economic hardship has remained an unabated problem for Afghans over the last year.

The Ministry of Economy (MoE) said that 179 projects worth over 27 billion Afs have been completed this year.

“Currently, all facilities which are under the focus of the government including the projects and infrastructure are being supported through our national revenue. This is the achievement of the Islamic Emirate,” said Abdul Latif Nazari, the Deputy Minister of Economy.

Speaking at the inauguration ceremony of the start of work on the second phase of the Qush-Tepa canal, the acting Defense Minister, Mawlawi Mohammad Yaqoob Mujahid, pledged security of the Qosh Tepa Canal project, saying that they will not allow anyone to create obstacles to this project.

“All of us, especially the national and Islamic armies of the Defense Ministry, are behind the implementation of such projects, and they will support it with all their power,” Yaqoob Mujahid said.

The acting Minister of Interior, Sirajuddin Haqqani at the same ceremony said that the Afghans are a zealous nation and stand by their commitments and promises.
“We do not exceed our limits and we defend our rights,” he said then.

Since the start of 2023, senior officials of the Islamic Emirate including the Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar and acting ministers of industry and commerce, transport and civilian aviation, energy and water and foreign affairs traveled to various regional countries such as Turkey, China, Iran, Russian, Kazakhstan, Uzbekistan and Pakistan in a bid to improve the country’s economic ties.

On May 18, 2023, speaking at the 14th Russian Islamic World "Kazanforum," the acting Minister of Industry and Commerce, Nooruddin Azizi, called on regional countries to invest in various sectors of Afghanistan, saying that the country has the capacity to become an industrial country.

“Thousands of domestic and foreign investors have recently shown an interest in investment in different sectors in Afghanistan. They received licenses and they are in contact with various organizations to start their businesses,” he said.

On November 11, 2023, Baradar, who then returned to Kabul from Iran, announced the signing of several memorandums of understanding with government officials and the private sector of Iran.

Baradar told reporters at the Kabul International Airport that the signing of these memorandums is a great achievement for the two countries, which can provide better business opportunities between Tehran and Kabul.

“We signed several memorandums of understanding with government officials and the private sector, which, if Allah willing, will be a great achievement for Iran and Afghanistan,” said Baradar.

The representatives of several other countries such as Russia, Iran, US, Uzbekistan have arrived in Afghanistan to discuss the economic issues with the officials in Kabul.

On October 29, 2023, Jamshid Kuchkarov, the Deputy PM– Minister of Economy and Finance of Uzbekistan, called for peace and stability in Afghanistan, saying it is important for the region, and he pledged that his country will cooperate in the transit, trade and agriculture sectors of Afghanistan.
“The ministers of agriculture and water resources of Uzbekistan are among the delegation and want to use their experiences in Afghanistan,” Kuchkarov told a gathering held at the Arg at that time.

On October 11, 2023, Iran’s economic delegation reached an agreement with Islamic Emirate officials and private sector representatives of Afghanistan on some issues in the areas of trade development.

Iran's Ambassador to Kabul Hassan Kazemi Qomi, said they agreed to create an Iran-Afghanistan chamber, trade development, to provide facilities in the transit sector and investment in the agricultural sector.
“The creation of the Iran-Afghanistan Joint Chamber is one of the ways for introducing the capabilities and relative economic benefits of the two nations. The Chamber of Commerce of the two countries is responsible for the introduction of companies and entrepreneurship of economic banks. This is one of the things we agreed on,” Qomi noted.

The officials within the Ministry of Transportation and Civilian Aviation, have repeatedly urged the international airlines to resume flights to Afghanistan.

On May 24, 2023, direct flights between Kabul and Urumqi of China began, while on November 15, Fly Dubai, a UAE-based airline, resumed flights.
Haji Obaidullah Sader Khail, head of the Afghan Business Council in the UAE, told TOLOnews that the company will increase its flights, and soon another airline, Air Arabia, will also start flights to Kabul.

“Today, I’m very delighted that after two years and four months Flydubai started its flights to Afghanistan, and I myself came on its first flight. We have worked a lot on this, and we succeeded today as Fly Dubai’s flight landed in Kabul airport safely,” Sader Khail said then.

Many exhibitions of Afghan products were held throughout the year inside and outside the country.

On August 3, an exhibition was held where 70 stalls were dedicated to the Afghan traders.

In November this year, a seven-days exhibition of Khadija-tul Kubra was held where more than 800 businesswomen from 34 provinces displayed their products and creations.

Share this post

Comment this post