Business
Finance ministry reduces taxes on hotels, restaurants and gas stations
Abdul Qahir stated that fuel stations will pay a fixed tax of 0.3 afghanis per liter, while this amount was previously 0.6 afghanis per liter.
The Ministry of Finance says based on a decree of the Islamic Emirate’s supreme leader, taxes on hotels, restaurants and gas stations have been reduced across the country.
Speaking at an event in Kabul, the Deputy Minister of Finance Mawlavi Abdul Qahir said that the owners of all hotels and restaurants are now required to pay only two percent income tax.
Abdul Qahir stated that fuel stations will pay a fixed tax of 0.3 afghanis per liter, while this amount was previously 0.6 afghanis per liter.
He added that the IEA always tries to provide the necessary facilities for taxpayers.
At the event, Deputy Prime Minister for Administrative Affairs Abdul Salam Hanafi also said that to facilitate the tax issue, tax penalties for the companies have been waived.
Meanwhile, fuel station union officials have welcomed the provision of facilities, especially in the tax reduction sector.
“We thank the Ministry of Finance, when our taxes are reduced, our prices will also be reduced. The effect of this is on the nation,” a representative of the oil tankers’ union said.
According to officials of the Ministry of Finance, hotels and restaurants whose quarterly sales are less than 750,000 afghanis should pay a 2 percent tax and those with sales of more than 750,000 afghanis must pay a 5 percent profit tax.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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