KABUL: Afghanistan Ministry of Finance (MoF) has said that following the decision of the leadership of the Islamic Emirate of Afghanistan (IEA), the customs duty on key and basic food items in the country has been reduced from 50 to 70 percent this year.
In a statement released by the country’s ministry of finance says as a result of the IEA leadership decision, the customs duty on key food items has been reduced to the value of 6.7 million AFG this year.
“To prevent from increasing in the prices of basic food items (flour, wheat, cooking oil, rice, sugar and others) in the country, the customs duty on basic food items has been decreased from 50 to 70 percent, the MoF statement added.
During 11 months of the fiscal year 1401, a discount worth 6.7 billion AFG has been dedicated, according to the Ministry.
It is the first time the country’s ministry of finance has reduced in customs duty on basic food items. Based on reports, the MoF has collected more than 100 billion AFG from the country’s customs in the past 11 months.
The Kabul Times
Afghanistan cuts down custom duty on key food items
