KABUL (Pajhwok): The Ministry of Mines and Petroleum has announced to decrease royalty on one tonne of coal by $5 and custom duty by $15 keeping considering the global market price and facilitating investors and local traders.
The Ministry on its Twitter handle wrote: “The decision has been taken in line with the direction of the Economic Affairs Administration and a joint decision by the mining, finance and commerce ministry.”
The source did not say when the decision would be enforced.
The development comes after 64 percent decline in the coal price at global market and 80 percent decline in . . .
