INSUBCONTINENT EXCLUSIVE:
The Economic Commission of the Islamic Emirate of Afghanistan, chaired by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani
Baradar, convened on Sunday at the Marble Palace to review and approve the country’s new Economic Policy.
The newly endorsed policy aims
to lay the foundation for a developed and prosperous Afghanistan grounded in Islamic economic principles.
It sets out strategic goals
including the creation of an attractive investment climate, promotion of domestic production and exports, job creation, poverty reduction,
and fostering sustainable economic growth and stability.
During the session, members highlighted that the policy is designed to improve
coordination of economic activities, ensure efficient utilization of national resources, and strengthen the role of the private sector in
economic development.
In line with this vision, the Ministry of Finance was instructed to allocate the necessary budget for the expansion
of the electricity network to 13 villages in Pul-e-Khumri, Baghlan province, in the fiscal year 1404
The project will be implemented by Da Afghanistan Breshna Sherkat (DABS).
The Commission also approved two significant commercial
In Balkh province, a private sector investment of 740 million Afghanis will fund the construction of an eight-story commercial market
comprising 878 shops on land owned by the Ministry of Hajj and Religious Affairs.
Meanwhile, in Sar-e-Pul province, a standard commercial
market will be established with an investment of 96 million Afghanis.
The post IEA approves new economic policy to boost growth and
investment first appeared on TINS News | Afghanistan News.
