Established in April 2017, PriSEC is an inter-governmental/ministerial platform chaired by H.E. the 1st Vice President of Islamic Republic of Afghanistan with representation from the private sector and international partners. PriSEC consists of an Executive Committee, a Secretariat, Working Groups (WGs) and with technical support from the World Bank Group. PriSEC was founded to implement the Private Sector Development National Priority Program (PSD-NPP, 2018-2021) as part of the Afghan Government’s commitments to the international community highlighted in Afghanistan’s National Peace and Development Framework (ANPDF). PriSEC is a unique platform and the third-highest framework of Afghan Government to private sector and economic development. PriSEC is facilitating the implementation of priorities identified under the ‘Market Building’ pillar of the current ANPDF-II.
Working closely with private sector membership organizations (i.e. federation, chambers, and unions), PriSEC identifies challenges and barriers to private sector development, mounts them into a reform action plan, and works hands in hand with Government, International Development Partners, and private sector to get those reforms implemented, monitored and completed. PriSEC aims to improve Afghanistan’s ranking in World Bank’s Doing Business Indicator (DBI) annual business environment report.
Since its establishment, PriSEC has successfully completed 86 short and medium reforms/key actions of PSD-NPP. For 2020-2021, PriSEC has prioritized 40 reforms (4 short-term and 4 medium-term for each WG) from 179 reforms sourced from direct consultation with the private sector, PSD-NPP, Doing Business Reform Memo (DBRM) of World Bank, IFC; other national economic development strategies, roadmaps and plans such as National Financial Inclusion Strategy (NFIS), National Export Strategy (NES), Afghanistan Agriculture Business Charter (ABC); and key priorities of the private sector identified joint consultation meetings. Largely implemented by Gov. partners, reforms/key actions range from the development of new laws and regulations, streamlined regulations and processes to advancing policies, frameworks, and simplification of the procedures for doing business.
For information about PriSEC Executive Committee, Secretariat, and Working Groups (WGs), please visit our related pages.
Private Sector Development National Priority Program (PSD NPP 2018-2023)
Strategic Priority 1
Restoring Confidence and Creating an Enabling Environment for Business
Focusing on cooperation on security & crime prevention, implementing an investment climate, and addressing constraints in priority value chain
Strategic Priority 2
Increasing Access to Key Inputs for Business
Focusing on increasing access to finance & supply of serviced industrial land
Strategic Priority 3
Sharing Risk & Crowding in Investment
Focusing on investment promotion, providing opportunities for public/private partnerships, and improving the performance of state-owned enterprises
Strategic Priority 4
Securing & Facilitating Trade & Transit
Focusing on coordinating implementation of key policies & strategies for trade development, improving & implementing trade & transit agreements, operations of customs & sustainable air cargo