English | دری

Corruption- Afghanistan's major obstacle to economic development

in Afghan Business

Corruption- Afghanistan's major obstacle to economic development

Afghanistan Chamber of Commerce and Industries (ACCI) regard the recent decree of President Karzai on combating corruption as a necessary measure in particular for the economic growth of the nation.

Azarsh Hafizi, Director of International Relationships at ACCI, corruption is the main factor for the sluggish economic growth and Karzai’s decree should be implemented in a serious manner.

ACCI have prepared recommendations on policy design and implementation with regards to the presidential decree and will be presented to the President in an official letter.

According to the Head of ACCI Mohammad Qurban Haqjo, one of the recommendations includes amendments to the income tax law.

“Corruption that exists in revenue collection is due to weak law and regulation. Our revenue collection system is faced with serious problems which results in interference in the paperwork of a trader by a government employee,” said Mr. Haqjo.

Endemic corruption and lack of coordination among government agencies are the main hindrances on the path to economic growth.


Tags assigned to this article:
ACCIAfghanistan Corruption

Related Articles

Extraction of coal halted in Samangan and Bamyan

Coal extraction activities have been halted in Samangan and Bamyan provinces. This comes after a mining incident in a coalmine

Afghanistan, Iran, India sign Chabahar agreement

The historic deal, Chabahar agreement, was signed in Tehran on Monday between leaders of Afghanistan, Iran and India. President Ashraf

Number of factories in Kandahar industrial park reaches 86

Kandahar’s industrial park now consists of 86 factories after 5 new factories were inaugurated on Thursday. Costing USD 1.5mn, the

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.