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The Ministry of Industry and Commerce (MoIC) revealed on Saturday that Afghanistan’& rsquo; s Gross Domestic Product (GDP) has actually grown by 2.7 percent over the past year, and during this period, more than 50,000 business licenses have actually been released to ladies entrepreneurs.During the ministry’& rsquo; s yearly responsibility report held at the Government Media and Information Center (GMIC), Acting Minister of Industry and Commerce Nooruddin Azizi said: “& ldquo; To bring Afghanistan’& rsquo; s imports and exports more detailed together, the only path we discovered was through Afghan market.
The industrial sector holds considerable programs, including job production.”& rdquo; Officials from the ministry highlighted that over the past year, more than 26,000 organization licenses have been provided to companies, of which 5,000 were given to women-owned organizations.“& ldquo; Just among women, 5,000 licenses have actually been signed up and issued through the Ministry of Industry —-- and this number has increased a lot more.
Through the small business licenses issued to all females entrepreneurs, the total exceeds 50,000,” & rdquo; included Azizi.Meanwhile, some authorities from the ministry pointed to a 50 percent increase in investment attraction compared to previous years.Sebghatullah Akhundzada, head of Investment Promotion and Support at the Ministry of Industry and Commerce, stated: “& ldquo; Compared to previous years, a considerable quantity of investment has actually been drawn in.
Last year alone, nearly 28 billion Afghanis in financial investment was generated through the Ministry of Industry and Commerce.”& rdquo; Meanwhile, Nooruddin Azizi likewise announced prepare for the coming year, including 10 percent increase in GDP, a 25 percent boost in export levels, the development of 100,000 task opportunities and tourist attraction of $500 million in investment.The post Over 50,000 company licenses released to females business owners in one year, states Azizi initially appeared on TINS News|Afghanistan News.