Coal sector generates over 3 billion Afghanis in three months for national treasury

The Ministry of Finance says that since the Islamic Emirate of Afghanistan (IEA) came into power, exports of coal have increased significantly.

According to a ministry spokesman, 16 billion Afghanis worth of coal has been exported in the past six months, with more than three billion Afghanis having flowed into government treasury.

A ministry spokesman said coal is an important source of revenue and that the ministry does prioritize this sector.

“In the last six months, we have earned more than three billion Afghanis from coal exports, and we want to make it easier to have more revenue in this area,” said Ahmad Wali Haqmal, a spokesman for the Ministry of Finance.

The Ministry of Finance has also provided facilities for the export of coal at customs offices. Some members of the private sector say that national traders are also interested in investing in the sector and in coal-generated power.

“Our country’s investors are trying to invest in coal energy production, and we have a high capacity in this sector and we have measures for that,” said Shirbaz Kaminzada, head of the Chamber of Industries and Mines.

According to economists in Afghanistan, there are many areas for investment in energy production, and if the Islamic Emirate can attract investors, Afghanistan will soon enter a new phase of economic growth.