Working Group 1

Financial Sector Development

23Working Group Meetings
15Permanent Members
21Visiting Members

Focus Areas

Working Group (WG) 1 focuses on facilitating access to finance, developing the insurance sector, improving business processes for registering properties and its pricing, supporting funds development, and enhancing dispute resolution mechanism for the finance sector. WG 1 aims to achieve noticeable results by focusing on the following sub-strategic priorities of Afghanistan’s Private Sector Development National Priority Program (PSD-NPP, 2018-2023):

Strategic Priority 1:

  • Restoring confidence and creating an enabling environment for business
    • Implementing an investment climate reform roadmap

Strategic Priority 2:

  • Increasing access to key inputs for business
    • Increasing access to finance


The WG  is also mandated to improve Afghanistan’s ranking on World Bank’s Doing Business Indicators (DBIs) report in the following areas:

  • Getting Credit
  • Registering Property
  • Resolving Insolvency
  • Enforcing Contracts


The WG is scheduled to meet twice a month, at least 24 times a year; the meetings are called per the consensus of the minimum two co-chairs of the Working Group. For detailed information about the WG1 mandate, objective, members and scope, download the WG Terms of Reference (ToR).


• Ministry of Finance (MoF)
• Da Afghanistan Bank (DAB)
• Afghanistan Women Chamber
of Commerce and Industries (AWCCI)
• Ministry of Agriculture, Irrigation and Livestock (MAIL)
• Ministry of Economy (MoEC)
• Investment Facilitation Unit (IFU)
• General Department of Takaful and Insurance (GDTI)
• Financial Dispute Resolution Commission (FDRC)
• Ministry of Industry and Commerce (MoIC)

Private Sector:
• Afghanistan Chambers Federation (ACF) (All Chambers)
• Afghanistan Banks Association (ABA)
• Afghanistan Micro Finance Association (AMA)
• Afghanistan Women Business Federation (AWBF)
• Ministry of Urban Development and Land (MUDL)
• Da Afghanistan Brishna Shirkat (DABS)
• Afghan Post
• Commercial Court
• Afghanistan Telecom Regulatory Authority (ATRA)
• Afghanistan Payment System (APS)
• Agricultural Development Fund (ADF)
• National Statistics and Information Authority (NSIA)
• Microfinance Investment Support Facility for Afghanistan (MISFA)
• Afghan Credit Guarantee Foundation (ACGF)
• Financial Institutions (FIs)
• Microfinance Institutions (MFIs)
• Insurance Companies
• Telecommunication companies
• Association of Insurance Companies (to be established)
• Money Exchangers Union (Sarafi)
• Afghanistan Institute of Banking and Finance (AIBF)
• Foreign, Commonwealth and Development Office (British Embassy FCDO)
• International Finance Corporation - World Bank Group (IFC-WBG)
• Asian Development Bank (ADB)
• Islamic Development Bank (IsDB)

Working Group 1 Terms of Reference (TOR)

Download ToR