“Government” Main Obstacle For Economic Growth

Deputy Minister of Revenue and Customs department of Finance Ministry said that the main obstacle for economic growth and investment development in the country is the government.

Gul Maqsood Sabet, Deputy Minister of Revenue and Customs department of Finance Ministry noted that Afghanistan would not be out of economic problems, if challenges do not solve by the government.

This is the first time that one of senior officials in government criticizes the government to be the main obstacle for economic growth in Afghanistan.

According to Sabet, inadequate laws, corruption, lack of access to resources and difficulty of procedures are the main problems that government created for investors.

“There is a widespread corruption in the government which is a big obstacle for investors,” Gul Maqsood Sabet, Deputy Minister of Revenue and Customs department of Finance Ministry said.

He claimed that many of investors import low-quality materials to the country by command of some countries.

Meanwhile, Afghan investors also say that they have no program to support investment in Afghanistan.

Earlier, Afghanistan Chamber of Commerce and Industry has also said that the government has to proper strategy for economic growth in the country.

The economy of Afghanistan has improved significantly since 2002 due to the infusion of billions of dollars in international assistance and investments, as well as remittances from Afghan expatriates.

The help that came from expatriates and outside investments saw this significant increase when there was more political reliability after the fall of the many terrorist groups in the early 2000s such as the Taliban.

The recent improvement is also due to dramatic improvements in agricultural production and the end of a four-year drought in most of the country.