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Afghanistan Ranked 167th in Ease of Doing Business

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With five reforms in the past year, Afghanistan has improved its position from 183rd to 167th position in the global ease of doing business rankings, the World Bank said in its latest annual report on Wednesday.

"Improving the business environment is essential for Afghanistan to stimulate domestic investment and create jobs. Given the exceptional challenges of conflict and violence in the country, the government's resolve to improve the business climate for private enterprise is doubly commendable," Shubham Chaudhuri, World Bank Country Director for Afghanistan quoted saying," We look forward to continuing to record Afghanistan's successes in year to come."

Meanwhile, the Office of Senior Economic Advisor to President Ashraf Ghani said in a statement that Afghanistan has also been selected as one of the top reformers in the world in the latest World Bank Doing Business Report.

In 2014, at the London Conference, Afghanistan committed to bringing extensive reforms in the field of good governance and service delivery, including reforms in the World Bank's Doing Business Indicators (DBI).

Since then, the government of Afghanistan has implemented reforms in doing business areas of starting a business, getting credit, protecting minority investors, paying taxes, and resolving insolvency.

Ten indicators included in the World Bank Doing Business report are: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

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Over 1,500 emerald mines discovered in Panjshir: Local officials

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Local officials in Panjshir have announced the discovery of over 1,600 emerald mines in the province, with extraction currently underway at 600 sites.

Over the past year, the extraction of emeralds from 600 mines in Panjshir has yielded 100,000 carats, valued at approximately $6.9 million.

Panjshir Governor Mohammad Agha Hakim expressed optimism that the development of the mining sector will provide significant job opportunities, particularly for the province’s youth.

Economic experts believe that increased investment in large-scale mining could create tens of thousands of direct and indirect jobs, helping to reduce unemployment.

Meanwhile, Panjshir residents are calling on the Islamic Emirate to expand mining contracts in the province, highlighting the area's wealth in emeralds, iron, lead, zinc, and gold.

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IEA has provided facilities for industrialists and investors: Baradar

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Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar says the Islamic Emirate has provided land, privileges, and facilities for industrialists and returning investors in industrial zones.

Speaking at a conference in Kabul on Thursday titled “Calls for Investment in Afghanistan”, Baradar said that the law for industrial zones had been signed with an introduction, six chapters, 11 sections, and 67 articles.

"I urge industrialists and investors to transfer their industries and investments to the country so that they can fulfill their responsibility in the development of the country's industry,” said Baradar.

He stated that the IEA has increased customs duties on imported items that are produced domestically and meet the needs of the people, in order to support local production.

Baradar added that all government departments have been instructed to prioritize domestic products in their purchases.

Meanwhile, the acting Minister of Industry and Commerce Nooruddin Azizi also announced at the conference that 160,000 hectares of land has been allocated to industrialists, and 1,200 investors have invested $500 million in various sectors.

Azizi said: “We have around 1,200 companies requesting land, and approximately $500 million is being invested by them in Afghanistan."

According to him, returning industrialists and traders are exempt from customs duties on machinery and equipment imports, and at their request, two-year visas will be issued for their foreign technical workers and engineers.

The acting Minister of Economy Din Mohammad Hanif also said: “If Afghan investors residing abroad bring half of their investment back to the country, Afghanistan will become self-sufficient."

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UNAMA officials meet with minister of economy, over Afghanistan aid

Afghanistan’s minister of economy said at the meeting that this year, international organizations should focus more on the implementation of development projects

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Afghan minister of economy Din Mohammad Hanif and UNAMA chief Roza Otunbayeva

The head of the United Nations Assistance Mission in Afghanistan (UNAMA), along with her deputy, met this week with the acting minister of economy, Din Mohammad Hanif, for discussions around aid. 

According to the ministry, the meeting between Hanif and Roza Otunbayeva and Indrika Ratwatte focused on "the effective and transparent adaptation of humanitarian aid in accordance with the economic needs and development priorities of the people".

Hanif stressed in this meeting that in the coming year, international organizations should focus more on the implementation of development projects and activities in the country in order to solve livelihood problems and reduce the level of poverty and unemployment.

The UN’s World Food Program meanwhile said in its latest report that in December the agency reached 5.9 million vulnerable people with 43,396 metric tons of food and US$18.7 million cash under its general food assistance program. 

The agency also said that WFP Afghanistan is only 10 percent funded for the January to June 2025 six-month period, with a net funding requirement of US$652 million.

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