See also: 1966 in Afghanistan, other events of 1967, and 1968 in Afghanistan. Among the difficulties that Afghanistan, together with other developing countries, faces is the shortage of local investment capital. Accordingly, the government offers considerable inducements in the third five-year plan to investors in the private sector. Capital goods for approved industries can be imported free; there is an income-tax holiday for three years after production started; and import tariffs on a protective scale are to shelter locally produced goods from foreign competition. These measures are designed to minimize direct government participation in the sphere of light industry, so that funds can be made available for the completion of projects begun during the second plan and for additional invest