The Kabul times, Afghanistan Trustable News Agency.
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Private sector; an engine of economic growth and job creation

As the private sector is considered as an engine of economic growth and job creation in a country, it is important that all necessary facilities are provided to them so that they do their job. In general, the private sector provides goods and services, generates tax revenues to finance essential social and economic infrastructure, develops new and innovative solutions that help tackle development challenges and it is a central actor in addressing climate change. In Afghanistan, the private sector has also played a key role in economic growth in the past few years. With the Islamic Emirate takeover and improvement of the overall security situation, most challenges facing the private sector have been addressed and the Islamic Emirate is working to provide the necessary ground for the private sector to take an active part in the development of the country. In a significant recent forum with the private sector, the Acting Minister of Industry and Commerce has reiterated that the Islamic Emirate is committed to supporting and fostering the private sector and affirmed the Islamic Emirate’s support and cooperation with the United Nations and the in ternational community. In the forum, Acting Minister of Industry and Commerce Nooruddin Azizi asked the United Nations to consider fundamental works and investment in large and incomplete projects in Afghanistan and to solve Afghanistan’s banking problems with the international community. The acting minister of industry and commerce announced that a law pertaining to industrial parks has been ratified by the Islamic Emirate’s Supreme Leader and the process of distributing land to the private sector will begin soon. “This is good news for the private sector,” Azizi said, speaking at the forum on Monday in Kabul to discuss the private sector’s challenges and opportunities. “If Allah is willing, land distribution will start in the future. About 600 applicants want to establish factories in different zones.” Azizi asked the United Nations to consider fundamental works and investment in large and incomplete projects in Afghanistan and to solve Afghanistan’s banking problems with the international community. He said that humanitarian aid is not the solution to Afghanistan’s problems. Meanwhile, Indrika Ratwatte, Deputy Special Representative in the United Nations Assistance Mission in Afghanistan (UNAMA), said in the forum that Afghanistan should move towards self-sufficiency and stand on its own feet. He said that the private sector plays a crucial role in this regard. The representatives of the private sector also emphasized the importance of investment in large and infrastructure projects by the United Nations in Afghanistan. They asked the United Nations to address the country’s banking problems. ate sector and the people of Afghanistan have repeatedly asked the United Nations to address the country’s banking problems. It is time that the country’s banking problems are addressed as soon as possible so that challenges facing the private sector, the government and the people of Afghanistan are addressed. It is worth mentioning that the Islamic Emirate has stepped up to address challenges facing the private sector as the private sector can be an important strategic partner for the government in achieving its vision to help eradicate poverty and create jobs for the population. Mashal Noori

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The Kabul times, Afghanistan Trustable News Agency.