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| Afghanistan |
| Kabul Sees Hike in Customs Revenue amid Hunger StrikesArif Ahmadi |
| 2022-07-08 |
| [KhaamaPress] The Ministry of Finance (MoF) said it has collected more than 24 billion Afs in revenue from customs offices within the first three months of the fiscal year — a promising figure for a country that has been suffering from financial loose since the fall last August. The ongoing political crisis has "hit hard" private sectors in Afghanistan, where businesses were halted and put to uncertainty, according to a latest survey conducted by the World Bank, private companies have laid off more than a half of their employees on average. "Approximately, so far, more than 24.16 billion Afs has been made in revenue," said Ahmad Wali Haqmal, a front man for the MoF, as TOLOnews quoted. "This is good revenue compared to the previous years." The Afghanistan Chamber of Commerce and Investment (ACCI) said that the exports and imports have had a positive impact on this year’s revenue, adding the surge in exports of coal caused the rise in the country’s annual revenue. "The previous year’s first period (three months), the exports were worth nearly $200 million, and it is now more than $400 million," said Khanjan Alokozai, a member of the ACCI. "Last year, we had one billion dollars in exports and this year I hope it increases to one and half billion dollars. Meanwhile, ...back at the barn, Bossy had come up with a new idea, one that didn't involve kerosene... Afghan economist expressed joy over the increased revenue, saying such a progress is promising and it could help the country improve its economy amid ongoing concerns about poverty across Afghanistan. "The exports caused an increase in investment and it helps to develop of the country’s economic status," said Seyar Qureshi, an economist, as local media quoted. Based on the available numbers of the MoE, more than five billion Afs from Islam Qala port, 3.5 billon Afs from Torkham crossing, nearly three billon Afs from Spin Boldak were made in revenue for the government within the first three months of the fiscal year, according to the report.
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