Business
Finance ministry reports 37% rise in revenues
The Finance Ministry of the Islamic Emirate of Afghanistan (IEA) announced Sunday it had collected around 194 billion Afghanis in the last solar year, 1401, which shows an increase of 37 percent compared to the year 1400.
Meraj Mohammad Meraj, deputy director of revenues department of the Ministry of Finance said in a press conference that revenues in the year 1400 was 141.8 billion Afghanis but in 1401, it stood at 194.4 billion Afghanis.
Officials in this ministry also said that the draft budget for 1401 is expected to be approved by the leader of the Islamic Emirate within a week. In the budget of the current fiscal year, 150 development projects have also been included.
Exemption from tax penalties, extension of working hours in customs from 16 to 24 hours, the fight against corruption, electronic revenue collection, installation of digital scales in customs, increase in transit through Afghanistan are among the other achievements officials highlighted.
“Last year, we promised that we would serve the Islamic system and the people. Now we also say that your assets are really spent. There will be no corruption. We will eliminate corruption,” Abdul Mateen Saeed, General Director of Customs of the Ministry of Finance, said.
Ahmad Wali Haqmal, the spokesman of the Ministry of Finance, said: “Last year was a very good year from the financial point of view. The Ministry of Finance with an aim to strengthen the economic pillars of the country, injected 8 to 10 billion Afghanis to the markets every month through salaries etc.”
According to the officials, during the last year, the total value of exports was more than 170 billion Afghanis and imports were more than 599 billion Afghanis. They added that there has been 50 to 70 percent reduction in customs duties on 326 items of basic and food materials.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
Business
Mahirood Customs leads Iran’s exports to Afghanistan
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.
South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.
He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.
Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.
He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.
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