Status of U.S. Efforts to Develop Extractive Tenders: $125 Million Spent Resulting in No Active Contracts
Abstract
Improving the Afghan government's ability to sustain itself with reduced donor support has been a key priority for both the U.S. government and international donors. One area identified as having high economic potential is the mineral, oil, and natural gas sector-collectively referred to as "extractives." In 2010, the U.S. government estimated Afghanistan has more than $1 trillion in extractive reserve that could generate more than $2 billion in annual revenues for the Afghan government. Therefore, if progress could be made in this area, it might reduce the Afghan government's dependence on U.S. and other donor funds. Since 2009, the Department of Defense's Task Force for Business and Stability Operations (TFBSO) and USAID have been the two main U.S. entities providing direct assistance to the Afghan government's efforts to develop its extractives sector. SIGAR has previously reported that despite the U.S. government investment aimed at supporting and promoting the Afghan government to develop extractive tenders that could provide significant revenues to the Afghan government, the TFBSO and USAID efforts yielded limited progress.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 2018
- Accession Number
- AD1139376
Entities
People
- John Sopko
Organizations
- Special Inspector General for Afghanistan Reconstruction