The Islamic Emirate of Afghanistan (IEA) held its 15th cabinet meeting on Tuesday, focusing on key economic reforms, security enhancements, and the stricter implementation of Sharia law. Chaired by Prime Minister Mullah Mohammad Hassan Akhund, the session addressed the challenges facing traders and the urgent need to attract investment while tackling governance issues amidst financial constraints.
The cabinet prioritized issues faced by traders in Nangarhar’s industrial and commercial sectors, deploying a delegation to engage with business leaders and propose solutions. Deputy Prime Minister Mullah Abdul Ghani Baradar was tasked with creating incentives for both domestic and international investors, particularly in mining and infrastructure, to bolster Afghanistan’s economic recovery. Additionally, Deputy PM Mawlawi Abdul Salam Hanafi was directed to work with the Ministries of Defense and Interior to improve conditions for security forces in remote areas, addressing complaints about resource shortages and logistical difficulties.
Also See: IEA Seeks Respectful Ties, Says Amir Khan Muttaqi
Reaffirming its commitment to Sharia law, the cabinet mandated its full implementation across government operations. Hanafi was also given the responsibility to dismantle bureaucratic inefficiencies, focusing on streamlining financial sectors as part of broader administrative reforms. These efforts reflect the IEA’s ongoing aim to centralize governance since regaining power in 2021.
The government acknowledged its severe fiscal constraints, explaining that it lacks sufficient resources to pay salaries nationwide. “If resources allowed, we would ensure every citizen receives their due,” a cabinet statement read, urging public cooperation during this crisis. Authorities also pledged to accelerate efforts to rehabilitate drug addicts.
The World Bank’s December 2024 Afghanistan Development Update reported modest GDP growth of 2.7%, driven by private consumption. However, this growth has recouped only about 10% of past economic losses, signaling a fragile recovery. The report stressed the need for increased investment, improved access to finance for small businesses, and support for women entrepreneurs.
In response to these challenges, the IEA cabinet has emphasized the importance of attracting vital investment and implementing administrative reforms in the meeting. The IEA is focused on fostering a favorable investment climate, especially in mining and infrastructure, to drive sustainable economic growth and long-term recovery.
This news is sourced from [Heart of Asia Daily] and is for informational purposes only.
