MoIC Emphasises on Afghanistan’s Economic Achievements of 2018

In a press conference on Wednesday, Ajmal Hameed Abdulrahimzai, the Deputy Minister of Industry & Commerce said that “With the implementation of reforms, Afghanistan improved 16 ranks from its previous position and is recognized as the most prominent country among the 190 countries of the world, in terms of reforms brought in a year”.

Abdulrahimzai stated that MoIC has spent 96% of its developmental budget in FY 1397.

“Reducing the cost of license from 30K to 100 Afghanis, increasing the validity period of the license from one year to three years and decreasing the procedures from 28 steps to 8 steps, are the measures taken in facilitating of license registration and issuance” he added.

Abdulrahimzai emphasised that according the statistics, the exports rate has now increased by 19% within nine months of 2018, in comparison to 2017. With the initiative of MoIC, for the first time the National Export Strategy was developed and approved, he clarified.

He pointed out that since the beginning of the air corridors, more than 5200 tons of goods, worth over $100 million were exported through 406 flights.

Finally, he clarified that over the past two months, around 1000 tons of black pine nuts were exported through the air corridor to China.

Afghanistan’s economic performance has been commended and acknowledged by world organisations, as this year’s world bank ease of doing business index highlighted Afghanistan as a top reformer.

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