The Ministry of Economy (MoE) has highlighted the success of the Islamic Emirate’s policies in addressing unemployment, boosting economic growth, and advancing key regional initiatives such as the TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline project. According to the Deputy Minister for Technical Affairs, Abdul Latif Nazari, Afghanistan is no longer dependent on foreign aid, as domestic revenues now fund the country’s projects.
Speaking at an academic seminar titled “The Economic Impacts of the TAPI Project on Afghanistan,” held in collaboration with a private university in Kabul, Nazari outlined the ministry’s efforts to promote economic self-sufficiency.
“All current projects are being financed through domestic revenues, and the country is no longer reliant on foreign aid,” Nazari stated.
Nazari also emphasized the significant geopolitical importance of the TAPI project, stating that it not only promises to stimulate economic growth but also has the potential to ease regional tensions by connecting South Asia and Central Asia.
“The TAPI project is not just an economic initiative; it could also mark an end to geopolitical tensions in the region, as it practically connects South and Central Asia and elevates Afghanistan’s position as the connecting hub between the two regions,” he added.
Despite the challenges posed by international sanctions and restrictions, Nazari highlighted that Afghanistan’s economy has shown resilience and growth. The country’s financial stability has been bolstered by efforts to utilize internal capacities, ensure transparency, and enforce strict oversight, particularly concerning port tariffs.
“Our budget is no longer reliant on foreign aid as it was in the past. We have utilized internal capacities, strengthened transparency, eradicated corruption, and implemented strict oversight on port tariffs. Contrary to some narratives, not only has there been no economic collapse, but we have also achieved monetary stability and growth,” Nazari explained.
In line with this, Barat Ali Naqawi, a university professor, underscored the long-term benefits of projects like TAPI and CASA-1000, both of which are expected to drive development, social welfare, and sustainable economic growth in Afghanistan.
“Projects like TAPI and CASA-1000 lead to development, social welfare, and ultimately sustainable growth in Afghanistan,” Naqawi said.
Further, the Ministry of Mines and Petroleum revealed that the TAPI project has already seen significant progress, with over 10 kilometers of construction completed inside Afghanistan’s borders.
As Afghanistan continues to progress with these major regional projects, the focus remains on strengthening the national economy, expanding infrastructure, and improving the country’s position as a regional hub for trade and energy.
