Friday, 28 April 2017

Afghanistan's economy is expected to grow by 2.5% this year

According to a recent report by the Asian Development Bank (ADB), Afghanistan’s economy is expected to grow by 2.5% this year.
The report says that the economy of Afghanistan will see a boost this year due to favorable weather, improved domestic revenue collection and a modest recovery of the industrial sector.

The Afghan Ministry of Economy (MoE) is more optimistic than ADB's report, and it has predicted a 3.5% increase in the country’s economic growth for this year. According to MoE, the agriculture sector will contribute 23% to the economy, while the industrial sector and service sector will be over 21% and 51% respectively.