Representatives of the Afghan private business sector in a discussion with government officials on Sunday criticised the government’s economic policies.
The private sector representatives warned that if the government did not take any measures to minimise the challenges facing the economy, unemployment and capital flight will make rapid increase.
The event was organised by the Afghan Chamber of Commerce and Industries (ACCI).
The investors presented a policy to the government asking for a ten year tax exemption for those who invest in Afghanistan this year. The draft is also urging the government to provide land for investors and domestic marketing opportunities for corporate businesses.
“Today’s debate is to reassure the investors that their concerns would be passed to the highest possible level to the government, including President Hamid Karzai,” said the ACCI’s CEO Qurban Haqjo.
One of the senior government officials attending the meeting was finance minister Hazrat Omar Zakhilwal, who pledged to raise the concerns of the private investors to the cabinet meeting.
“We will present the investors support policy with some adjustments to the cabinet. We think it will help create more opportunities for investors who are choosing Afghanistan market,” said Mr Zakhilwal.
The investors and officials at the ACCI said the stalemate of the Bilateral Security Agreement (BSA) is having a negative impact on the economy and urged President Karzai to sign it.