According to World Bank Economic Monitor report released on Jun 15, 2022 “Despite the general economic slowdown, the ITA collected AFN63.7 billion between December 22, 2021 – end of May 2022, almost similar to what the Republic managed in the corresponding period of 2021”.
It further states “The AFN has stabilized against all major currencies in recent months; After strengthening in March and April against all major currencies, the Afghani has moved in a narrow band against major currencies since then. Between end-April to June 15, 2022, the AFN has depreciated slightly by (i) 0.2 percent against the USD, (ii) 0.2 percent against the Indian Rupee, and (iii) 0.6 percent against the Chinese Yuan. On the other hand, it gained i) 3.7 percent against the Pakistani Rupee, (ii) 10.7 percent against the Iranian Toman, and (ii) 0.3 percent against the Euro. The report further details on revenue collection transparency and struggle by “Considering the general economic slowdown, the ITA’s revenue collection of AFN 63.7 billion between December 22, 2021, to the end-May 2022 remained healthy. Of these receipts, 57 percent were collected by Afghanistan Custom Department
(ACD) at the border. In the inland revenues that Afghanistan Revenue Department (ARD) collected, non-tax sources contributed the most. However, the inland tax receipts have more than halved compared to the last year’s comparable period, reflecting difficulties in the private sector.
Regarding balance of payments in trade, the report further elaborates that “Imports continue to decline, reflecting the general slowdown in economic activities. Data from Pakistani authorities show that Afghanistan’s imports from Pakistan between July 2021 to May 2022 decreased by 38 percent relative to the same period of the previous fiscal year. On the other hand, Afghanistan’s exports to Pakistan between July 2021 to May 2022 increased by around 34 percent. As a result, Afghanistan enjoys a trade surplus of USD112.5 million in absolute terms with Pakistan.