The Deputy Prime Minister for Economic Affairs attended the conference entitled "Waiver of Tax Penalties, Supporting Industry and Trade"

Sun, Feb 11 2024 5:04 PM

The leadership of the Supreme Council of the DAB, along with the Financial Stability Committee and the shareholders of all licensed banks, convened, February 11th, at Da Afghanistan Bank to address issues within the banking sector. Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar Akhund, Acting Finance Minister, Mullah Muhammad Nasir Akhund, Acting Governor of Da Afghanistan Bank, Alhaj Mullah Hidayatullah Badri, and bank shareholders' representatives attended the meeting. Deputy PM highlighted the pivotal role of the banking sector in the nation's reconstruction and emphasized the importance of delivering top-tier banking services to citizens for sectoral and national development. He acknowledged ongoing challenges, such as liquidity issues in some banks, urging collective action from bank shareholders and the Financial Stability Committee to resolve them. Mullah Baradar Akhund reassured citizens of the Islamic Emirate's commitment to addressing economic challenges, outlining measures like job creation, inflation control, responsible mineral exploitation, agricultural standardization, water resource management, and facilitating domestic and foreign investments. He stressed the necessity of cooperation from bank shareholders, national entrepreneurs, and investors in achieving these objectives. The Deputy PM asked bank shareholders to return to Afghanistan, emphasizing responsible management practices to bolster the banking sector and pledging to address their concerns within legal bounds. Concluding the meeting, Mullah Baradar Akhund deemed the Financial Stability Committee's role crucial and expressed hope that ongoing collaborative efforts would effectively address the country's challenges, particularly those within the banking sector.

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