Economic Growth

FY02-FY06 EG Spending: $253 M
FY07 EG Budget: $68 M
(incl. supplemental request)

Related Links

Land Titling and Economic Restructuring

Accomplishments

Afghanistan International Chamber of Commerce (AICC)

• Regional branches established in Kandahar, Mazar-i-Sharif, Herat, Jalalabad and Uruzghan. Plans for Kunduz, Bamiyan, and Khost
• Currently over 2,500 paid members

Afghan Women’s Business Federation

• Consolidated over 50 women-run business associations as of August 2007
• Provided training and business development services

Small & Medium Enterprise Development

• Began late 2006; provides $36.6 million
• Offices in Kabul, Herat and Nangarhar. Partner offices in Helmand and Badakhshan

Industrial Parks Development

• Kabul IP completed; Mazar and Kandahar near completion 
• More than 600 Afghans employed by this project in the park sites; more then 10,000 men and women will be employed at three sites

Land Titling

• Over 6 million existing legal documents reorganized in more than 20 regional court registries (Makhzans) 
• Immovable property registration reduced from more than 30 steps to 3 for buildings and 4 for land
• Pilot adjudication of land disputes lays foundation for training commercial courts
• 15 SOEs in process of being liquidated

Central Bank reforms

• Established over 15 new private banks