Economic

Afghanistan Economic Condition To Improve Beyond 2014, MoF Spokesman

Sunday November 17, 2013
Kabul (BNA) World Bank in its new evaluation has considered Afghanistan’s economic development as facing with setback.
World Bank in its annual report has said Afghanistan economic development was slowing down comparing to the previous years due to political, security changes and corruption.
The report said economic development of Afghanistan was expected 3.1 % in 2013, while Afghanistan had remarkable economic development in 2012.
Related to the WB’s report, officials for ministry of finance told BNA that Afghanistan’s economy increased by 13.9% in 2012 due to weather condition and improvement of agricultural products, showing 31% increase.
Abdul Qadir Jailani, a spokesman for ministry of finance also admitted that the country’s economic development was slowing down in 2013 due to propaganda of withdrawal of foreign forces from Afghanistan in 2014.
He said such propaganda has put negative impacts on the country’s economy and income of agricultural sector and caused reduction of the country economic development, which was expected by MoF too.

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