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The official currency of Afghanistan is the afghani (AFN), which has an exchange rate of around 70 afghanis to 1 United States dollar. [33] [34] [35] The country has a central bank called Da Afghanistan Bank (DAB). A number of local banks also operate in the country, including the Afghanistan International Bank, Azizi Bank, New Kabul Bank and ...
The tax calculation of Afghanistan are as below. Currency used AFN according to Afghanistan Tax law. Salary Tax calculation of Afghanistan. From 0 to 5000 AFN Exempted. From 5001 to 12500 2% Tax will be deducted, From 12501 to 100000 10% Tax will be deducted and, From 100000 and Above 20% Tax will be deducted or imposed.
In fiscal year 2020 (October 1, 2019 - September 30, 2020), the US government allocated $51.05 billion US dollars in economic and military assistance to foreign countries. Of this total, $39.41 billion dollars was spent on economic assistance, $25.64 billion of which was dispersed by USAID.
The top government watchdog on the Afghanistan war blames Trump's 2020 deal with the Taliban as "the single most important factor" in the rapid collapse of Afghanistan's forces a year later.
In October 2011, a similar promotion was launched in the United Kingdom. Customers can buy one of nine subs and any drink for £3 (for a 6-inch [15 cm] sub) or £5 (for a footlong). [96] In 2012, San Francisco restaurants discontinued the five-dollar footlong promotion due to the higher cost of doing business in the city. [97]
It called for silver coins in denominations of 1, 1 ⁄ 2, 1 ⁄ 4, 1 ⁄ 10, and 1 ⁄ 20 dollar, as well as gold coins in denominations of 1, 1 ⁄ 2 and 1 ⁄ 4 eagle. The value of gold or silver contained in the dollar was then converted into relative value in the economy for the buying and selling of goods.
The service sector contributed the most to the GDP (55.9%) followed by agriculture (23%) and industry (21.1%). [332] Da Afghanistan Bank serves as the central bank of the nation [333] and the Afghani (AFN) is the national currency, with an exchange rate of about 75 Afghanis to 1 US dollar. [334]
The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible ...
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