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The economy of Afghanistan is based on several key industries: NGO's, Drugs, and Agriculture. The NGO's are non-governmental organizations working in Afghanistan for the betterment and development of the country and people. The Afghan government graciously taxes NGO's and any other foreigners working in Afghanistan a 600% higher electricity rate, taxes on their income, taxes on the money brought in, as well as fees on all goods flowing into the country for NGO's to do their job. In other words, NGO activity, that is that activity that is being donated to Afghanistan, is taxed by the government. The Japanese government built a whole new airport in Kabul, the capital, and the Afghan Government wanted to tax the Japanese on the cost of construction! The Afghans finally backed down from the Japanese.
Drugs are the greatest part of the Afghan economy - the sale of opium brings in a lot of money. This is why so many are corrupt within the government.
Finally, Afghanistan has a lot of Natural Resources and the promise of being able to develop many of these, should peace ever come. It is a great climate for growing numerous crops, including roses, pomegranate's, wheat, rye, soybeans, melons, citrus fruits, all kinds of vegetables and other fruits, sheep, cattle, camels, and goats. The problem is the war and insecurity, as well as the infrastructure which does not allow resources to be moved quickly around the country as well as exported.
What else can I help you with?
Who is the Minister of Economy for Afghanistan?
Abdul Hadi Arghandiwal is the Minister of Economy for Afghanistan.
What type of economy did Egypt have?
Capitalist economy, there is the private ownership of means of production , the same in Iraq, Afghanistan, Saudi Arabia, Lebanon, Siria, Israel,etc.
What kind of economy does Afghanistan have?
a bad one
What are the Role of commercial banks in economy development of Afghanistan?
what is banking role in afghanistan economic development
What type of government Afghanistan has?
Afghanistan's has Islam as it's type of government.
What type of gov does Afghanistan have?
Afghanistan has a Islamic republic gov
Which crop provides the basis for the massive shadow economy of Afghanistan?
poppy
What is a man's average debt in Afghanistan?
There avg debit is 50% of our economy
How was the Russian economy affected by their war in Afghanistan?
It took a bite out of their defense budget.
What type of food is Naun in Afghanistan?
Naun is a flat Afghanistan style bread.
What is Afghanistan's type of currency?
The Afghani.
What is the current economic condition of Afghanistan?
Afghanistan is a poor country but its economic status is improving. Afghanistans economy has grown by 40-70%.On average an Afghan person earns around $375 Per year.
