IEA welcomes World Bank report, urges resumption of incomplete projects

The Islamic Emirate of Afghanistan (IEA) on Saturday welcomed the World Bank’s report issued this week and in turn called on the institution to resume incomplete projects that it had been working on in the country prior to the collapse of the former government.

The Office of Deputy Prime Minister for Economic Affairs said in a statement that it welcomes all the “positive points based on objective facts” in the report, which was a clear indication of Afghanistan’s actual economic development and mobility.

“The Islamic Emirate of Afghanistan believes that if the current restrictions on Afghanistan’s banking sector are lifted and the frozen assets are released, the economic situation of the country will take faster steps towards improvement and stability, and the burden on the international community will be lessened,” the statement read.

Earlier this week the World Bank reported that the price of food and fuel in Afghanistan has decreased, the value of the Afghan currency has remained stable against foreign currencies, there has been a significant increase in exports, and the salaries of government employees have been paid on time. In addition, the report noted that national revenues had also increased.

The IEA also called on all international organizations to raise awareness of the real situation in Afghanistan by pointing out the advancements made in Afghanistan, particularly in the economic sphere.

The statement called on international aid agencies and organizations to finance development initiatives in Afghanistan that will lower unemployment and improve the country’s economic situation.