English | دری

Investment in Afghanistan declines by 59%

in Afghan Business

Investment in Afghanistan declines by 59%

The Central Statistics Organization (CSO) and Afghanistan Chamber of Commerce and Industries (ACCI) have predicted tough economic ties ahead as investment has plummeted  59%.

The two bodies urged the government to design a working economic policy aimed at attracting investment.

Corruption, high taxes and security threats are cited as the main barriers to investment growth in Afghanistan.

The ACCI said the government has failed to address the issue and slammed it for failing to win investors’ trust.

According to the CSO, existing investments in the first nine months of the current year dropped by 59 percent compared to the same period last year.


Tags assigned to this article:
Afghanistan economyAfghanistan investment

Related Articles

Afghan government signs $482.3mn grant with World Bank to fight poverty

The Afghanistan’s Ministry of Finance today signed a financing package of $482.3 million in grants with the World Bank to

Nangarhar’s Fish Hatchery to be Completed Soon

A major fish hatchery in eastern Nangarhar province is expected to be completed in the near future, according to a

Afghanistan must tackle corruption to entice investors

A senior American official, Assistant Secretary for South and Central Asian Affairs Robert Blake, urged the Afghan government to open

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Your e-mail address will not be published.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.