The Ministry of Economy reported that Afghanistan’s Gross Domestic Product (GDP) has increased by 2.7% over the past year.
Abdul Rahman Habib, the spokesperson of the ministry, said this increase is due to the expansion of exports, support for the private sector, and other factors.
The spokesperson of the Ministry of Economy said: “The agricultural sector: 34.3% with a growth of 2.1%, the industrial sector: 13.5% with a growth of 2.6%, the mining sector: 2.4%, the water, electricity, and gas sector: 2.8% with a growth of 5%, and the services sector: 46.8% have been calculated.”
The Chamber of Commerce and Investment said that to increase GDP revenue, the Islamic Emirate needs to support various sectors in the country.
Khanjan Alokozai, a member of the board of directors of the Chamber of Commerce and Investment, said: “With the arrival of the Islamic Emirate, significant attention has been given to domestic production. For example, taxes on industrialists and farmers have been reduced, and small businesses have also benefited from tax reductions.”
Abdul Naseer Rashtia, an economic expert, said: “Any country that focuses more on an inward-looking economy and takes production seriously can achieve three things: first, it prevents the outflow of currency, meaning what we import can be produced domestically; second, it creates employment because the higher the investments, the more jobs are created; and third, it can lead to economic growth in the country.”
The Ministry of Economy has also cited the expansion of exports, the stability of the Afghan currency against the dollar, the prevention of currency smuggling, the reduction of raw material prices, the reconstruction of highways, and the implementation of national and entrepreneurial projects in various sectors as effective factors in increasing the GDP.