Afghan entrepreneurs call for strategic reserves to help check prices
The Afghan entrepreneurs’ body urged the government to establish strategic reserves to help check prices of commodities that are witnessing price hikes.
A strategic reverse is the reverse of a commodity or items that is held back from normal use by governments, organizations or businesses in pursuance of a particular strategy to cope with unexpected events.
This comes as major Afghan cities are faced with high commodity prices mainly due to short supply of the goods in the market. For example, liquid gas is currently sold at a price range of 70-80 AFN per kilo in Kabul city compared to only 40-50AFN pre-winter rates.
Entrepreneur’s body chief Rahmuddin Haji Agha said currently 15,000 tons of food items could be stocked in facilities available at home and called on the government to create own strategic reserves to check prices for basic commodities.
Related Articles
Karzai to sign five pacts with Indonesia
By Ahmadshah Ghanizada-Afghan President Hamid Karzai accompanied by high level government officials on Wednesday left for Indonesia to attend the
Fire incident in Kabul inflicts millions of dollars of losses on Afghan traders
A fire incident ripped through a major fuel market in Kabul city has resulted in millions of dollars of losses
Afghan Red Crescent Society Receives $18mn from Saudi Arabia
Saudi Arabia announced an aid package of USD 18 million in assistance to the Afghan Red Crescent Society (ARCS) through
