Kabul, August 21, 2024 — The Private Sector Forum (PSF) held its inaugural Public-Private Dialogue (PPD) in Kabul, bringing together high-level government officials, private sector leaders, international partners, and industry experts to tackle critical challenges hindering business growth in Afghanistan. The event marked a significant step toward strengthening collaboration between the public and private sectors, with the shared goal of removing bureaucratic barriers and enabling economic reform.

As part of its broader mission to promote inclusive engagement across both formal and informal business sectors, PSF used this event to foster open dialogue, build trust, and promote evidence-based policy solutions. The forum emphasized its commitment to facilitating reforms through structured conversations and targeted action, while also evaluating outcomes to ensure long-term impact.

The PPD focused on three pressing themes that are central to private sector development in Afghanistan:

1. Banking:
Participants examined restrictions on money transfers, the challenges surrounding access to banking services and microfinance, and the liquidity shortages faced by commercial banks. The discussions also explored strategies to enhance cross-border payment systems and reduce transaction costs, aiming to boost both local and international business activity.

2. Taxation:
This session centered on the complexities of current tax regulations and the recent changes in tax rates. Stakeholders reviewed the impact of these changes on various sectors and proposed ways to simplify tax compliance processes. The need for more efficient and less disruptive audit procedures was also highlighted as a priority.

3. Access to Market:
Panelists discussed trade-related challenges including visa restrictions, customs delays, and inconsistent regulations at borders. Additional topics included enhancing Afghan participation in international trade fairs, improving product standardization, facilitating access to international certifications, and leveraging trade agreements to promote exports.

The PSF event had both general and specific objectives: to raise awareness about its mission and achievements, foster stronger ties between private sector stakeholders and government entities, and identify actionable solutions to key issues affecting Afghan businesses.

This inaugural PPD not only deepened the collective understanding of Afghanistan’s business environment but also provided a robust platform for private sector voices to shape reform agendas. It underscored the importance of improved coordination between national and provincial authorities and reaffirmed the PSF’s commitment to catalyzing sustainable economic development through effective dialogue.