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Quarterly Report Highlights Afghanistan's Key Economic Developments

The Economic Affairs Directorate of the Prime Minister's Office released a quarterly report detailing various economic developments in Afghanistan.

The report highlights significant achievements, including a 14.50% increase in the value of the afghani against the dollar, the initiation of the 22.75 MW solar power project, contracts for the Toti gas field in Faryab, the Jawzjan cement factory, and the commencement of construction for 355 small water dams (check dams).

Abdul Rahman Habib, spokesperson for the Ministry of Economy, told TOLOnews: "The achievements mentioned in the report can contribute to self-sufficiency in industry, trade, transit, cement production, and energy. Additionally, storing rainwater and snow, along with replenishing groundwater resources, can promote agricultural development."

The Chamber of Commerce and Investment has described the initiation of infrastructure projects as essential for improving the country's economic situation. It emphasized that the Islamic Emirate must provide further facilities to boost investments in Afghanistan.

"Overall, our recommendation is to increase foreign investments in Afghanistan and create a suitable environment for Afghan investors as well, which would generate more job opportunities and have a positive impact on the people's economy,” said Jan Aqa Nawid, spokesperson for the Chamber of Commerce and Investment.

"Major projects such as water dams, electricity projects, roads, and factories can play a crucial role in job creation, improving Afghanistan's economic situation, and strengthening the country's infrastructure,” said Economic expert Qutbuddin Yaqubi.

The quarterly report by the Economic Affairs Directorate also incorporates public opinions gathered through the media. It further mentions that during this period, extraction and exploration of 21 large-scale mines worth 415 billion afghani have commenced, and a blanket manufacturing factory valued at approximately 930 million afghani, with a daily production capacity of 1,000 blankets and employment for 900 individuals, has been inaugurated.

Quarterly Report Highlights Afghanistan's Key Economic Developments

The Chamber of Commerce and Investment has described the initiation of infrastructure projects as essential for improving the country's economic situation

تصویر بندانگشتی

The Economic Affairs Directorate of the Prime Minister's Office released a quarterly report detailing various economic developments in Afghanistan.

The report highlights significant achievements, including a 14.50% increase in the value of the afghani against the dollar, the initiation of the 22.75 MW solar power project, contracts for the Toti gas field in Faryab, the Jawzjan cement factory, and the commencement of construction for 355 small water dams (check dams).

Abdul Rahman Habib, spokesperson for the Ministry of Economy, told TOLOnews: "The achievements mentioned in the report can contribute to self-sufficiency in industry, trade, transit, cement production, and energy. Additionally, storing rainwater and snow, along with replenishing groundwater resources, can promote agricultural development."

The Chamber of Commerce and Investment has described the initiation of infrastructure projects as essential for improving the country's economic situation. It emphasized that the Islamic Emirate must provide further facilities to boost investments in Afghanistan.

"Overall, our recommendation is to increase foreign investments in Afghanistan and create a suitable environment for Afghan investors as well, which would generate more job opportunities and have a positive impact on the people's economy,” said Jan Aqa Nawid, spokesperson for the Chamber of Commerce and Investment.

"Major projects such as water dams, electricity projects, roads, and factories can play a crucial role in job creation, improving Afghanistan's economic situation, and strengthening the country's infrastructure,” said Economic expert Qutbuddin Yaqubi.

The quarterly report by the Economic Affairs Directorate also incorporates public opinions gathered through the media. It further mentions that during this period, extraction and exploration of 21 large-scale mines worth 415 billion afghani have commenced, and a blanket manufacturing factory valued at approximately 930 million afghani, with a daily production capacity of 1,000 blankets and employment for 900 individuals, has been inaugurated.

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