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Home Economics

24 Billion Afs in Customs Revenue in 3 Months: MoF

Afghan Journalist by Afghan Journalist
July 6, 2022
in Economics
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The Ministry of Finance (MoF) said it has collected more than 24 billion Afs in revenue from customs offices within the first three months of the fiscal year. 

The Afghanistan Chamber of Commerce and Investment (ACCI)  said that the exports and imports have had a positive impact on the revenue of the country.  

“Approximately, so far, more than 24.16 billion Afs has been made in revenue. This is good revenue compared to the previous years,” said Ahmad Wali Haqmal, a spokesman for the MoF.  

The ACCI said that the surge in exports of coal caused the rise in the country’s annual revenue.  

“The previous year’s first period (three months), the exports were worth nearly $200 million, and it is now more than $400 million. Last year, we had one billion dollars in exports and this year I hope it increases to one and half billion dollars,” said Khanjan Alokozai, a member of the ACCI.  

The economists said that the surge in exports will improve the country’s economy.  

“The exports caused an increase in investment and it helps to develop of the country’s economic status,” said Seyar Qureshi, an economist.  

Based on the available numbers of the MoE, more than five billion Afs from Islam Qala port, 3.5 billon Afs from Torkham crossing, nearly three billon Afs from Spin Boldak were made in revenue for the government within the first three months of the fiscal year.  

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