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USAID/Afghanistan: From the American People

Economic Growth

Objective: Reducing poverty by promoting economic growth

Overview

The primary goal of USAID/Afghanistan’s Economic Growth program is to promote a thriving economy led by the private sector, as stable political and economic conditions prevent terrorism from flourishing in fragile or failing states. In order to improve economic policy and the business environment, USAID aims to continue to promote macroeconomic reform, revenue collection, and privatization of state-owned enterprises. To continue to assist in the improvement of private sector competitiveness, USAID will continue to develop industrial business parks, assist Afghan firms to compete in the global market, and support SMEs.



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Economic Growth

USAID/Afghanistan’s Economic Growth program promotes a thriving, licit economy led by the private sector.

FY02-FY06 EG Spending: $253 M
FY07 EG Budget: $68 M

(incl. supplemental request)

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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

Last updated July 24, 2008

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