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Parliament concerned about price hike in Afghanistan

in Afghan Business

Parliament concerned about price hike in Afghanistan

parliamentRelevant government officials were summoned by the House of Representatives to state the reasons behind the high prices of food items across the country.

The ministers, including Minister of Commerce and Industries, Minister of Economy, Minister of Finance, Minister of Agriculture and the Chairman of Afghanistan National Standard Authority (ANSA), linked the hike in prices to electoral impasse, suspension of international aids, unemployment and the rising rate of dollar.

“International community has suspended aid due to delay in election results,” said Economy Minister, Abdul Hadi Arghandiwal.

On the other hand, Agriculture Minister, Mohammad Asif Rahimi, attributed the high prices to lack of jobs and the rising rate of dollar in the market.

Meanwhile, Finance Minister Hazrat Omar Zakhilwal said his Ministry had made sure to keep tariffs on oil, gas and food items as low as possible to avoid price jumps in the market.

However, the MPs did not find the responses satisfactory and accused the government officials of negligence and inadequacy.

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