KABUL (Reuters) – The Taliban administration will transfer forward with plans to show former overseas navy bases into particular financial zones for companies, the performing deputy prime minister for financial affairs stated in an announcement on Sunday.

The performing commerce minister had advised Reuters in December that his ministry was engaged on the plan for former American bases and would submit it to each the financial committee led by performing deputy PM Mullah Abdul Ghani Baradar and to the cupboard for approval.

“Following a radical dialogue, it was determined that the Ministry of Business and Commerce ought to progressively take management of the remaining navy bases of the overseas forces with the intention of changing them into particular financial zones,” Mullah Baradar stated within the assertion.

He added a pilot plan would start to transform bases within the capital Kabul and in northern Balkh province.

Afghanistan’s economic system has struggled and help businesses are warning of a extreme humanitarian disaster because the Taliban took over in 2021 as overseas troops withdrew after 20 years of conflict.

The takeover sparked a minimize in improvement funding, the freezing of foreign-held central financial institution belongings and sanctions enforced on the banking sector.

The Taliban administration’s resolution to bar most feminine NGO employees from work final 12 months prompted many help businesses to partially droop operations whereas thousands and thousands stay depending on humanitarian help.

The Taliban have stated they’re targeted on boosting financial self-sufficiency by means of commerce and funding. Some overseas buyers have expressed issues over a sequence assaults, together with at a resort standard with Chinese language businessmen, claimed by Islamic State.

Nonetheless, the World Financial institution has additionally famous that exports rose and the Taliban administration managed to maintain revenues largely regular in 2022.