Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Afghanistan

Revenue from Samangan coalmine up by 166m afs

byCT Report
23/06/2016
in Afghanistan
Share on FacebookShare on Twitter

AIBAK: Revenue generated from the coalmine in Dara-i-Sauf Bala district of northern Samangan province has increased by 166 million afghanis in the first six months of the current year compared to the same period in 2015, an official said on Wednesday.

Eng. Abdul Jabbar Hameedi, head of the coalmine entrepreneur in the north, told Pajhwok Afghan News more than 1.2 billion afghanis had been collected in revenue from the coalmines in Dahna Tor and Shababak areas.

You might also like

Afghanistan’s Economic Growth Expected To Reach 3.3% In 2020

04/02/2020

Afghan Parliament Approves 2020 Fiscal Year’s Budget

23/01/2020

The income indicates a 166 million afghanis increase over the revenue collected during the corresponding period last year. He recalled the revenue figure for the first half of 2015 was 864 million afghanis.

Hameedi confirmed coal was being extracted by the residents, with the government charging 1,500 afghanis in tax on one tonne of coal. He said growing demand for coal had translated into a revenue boost.

But Mohammad Sedique, the governor’s spokesman, said due to unemployment more youth were coming to work in the mining sector. Therefore, more coal was being extracted and there was an increase in the revenue as well, he explained.

Ali Ahmad Hussaini, the town’s administrative chief, said 10,000 individuals from different provinces of the country were extracting coal from 1,000 tunnels in the coalmine. Earlier, 8,000 people worked in 700 tunnels, he recalled.

The Dara-i-Sauf coalmine was discovered by residents of the locality in 1966. Russian and German geologists estimated in 1967 the site had 150 million tonnes of coal. Several coal mines exist in other parts of the country as well.

Experts says coalmine reservoirs lie in the form of a belt along the Hindu Kush Mountain stretching from Badakhshan, Takhar, Baghlan, Samangan and Bamyan to Sar-i-Pul.

Coal is used in brick kilns, small factories and for heating up homes and offices.

Related Stories

Afghanistan’s Economic Growth Expected To Reach 3.3% In 2020

byadmin
04/02/2020

According to a World Bank report, Afghanistan’s economy has grown by 2.9% in 2019 and is expected to reach 3.3%...

Afghan Parliament Approves 2020 Fiscal Year’s Budget

byadmin
23/01/2020

The Afghan parliament approved the coming fiscal year’s budget plan. It gained a majority of votes just ahead of the...

Afghan Government Receives Over $11mn In Revenues from ATRA

byadmin
14/01/2020

The Afghanistan Telecom Regulatory Authority (ATRA) has transferred 878 million Afghanis ($11.3mn) to the special account of the Ministry of...

Govt Spends Extra 1.6 Billion Afs From Code 91: Commission

byadmin
30/12/2019

The government spent 2.6 billion Afghanis from Code 91 this year, but only 1 billion Afghanis was supposed to be...

Next Post

South Carolina ports authority’s SOLAS approach at port of Charleston

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.