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Greek government in “basic agreement” on austerity package

Greece coalition parties have arrived to a “basic agreement” on the austerity package for 2013-2014 which includes spending cuts worth of at least USD 14.8bn. The new cuts are a condition for Greece in order for them to be eligible

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Paktika’s newly constructed water dam and canal

Funded by the United States, a 400m canal and a small dam are built in Sharan city, the capital of southeastern Paktia province. The projects, costing USD 48,000, were carried out by the Central Asia Development Group (CADG). A leading

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Doshi-Pulkhumri Road to be reconstructed

Ministry of Public Works signed the USD 17.8mn contract of the reconstruction of Doshi-Pulkhurmi road with Nabizada Wardak Construction Company. Public works minister Najibullah Awzhan, speaking at the signing ceremony, said the 51.9km road is funded by the Islamic Develop

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Afghanistan’s Wool Processing Factory’s Foundation Laid in Badakhshan

The groundwork for the first wool processing factory is laid in eastern province of Afghanistan. Abdul Maroof, spokesperson to Badakhshan’s governor, said the factory is built at a cost of USD 200,000 with financial collaboration from GTZ, Marsico Funds and

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“More than 1000 historical monuments are endangered in Afghanistan”

Afghanistan’s minister of information and culture criticized the world community’s approach in relation to the tourism industry of Afghanistan and said their views on this particular industry are not persuasive. Minister Sayed Makhdoom Raheen told in a conference on Wednesday

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UAE pledged to build a trade port in Torkham

The United Arab Emirates (UAE) has pledged to invest USD 100mn for building a trade port in the Torkham border town in eastern Nangarhar province. This comes after a meeting of UAE delegation with Governor Gul Agha Sherzai sometime ago.

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Russia supplies fuel to Afghanistan to stable fuel prices

Russia has supplied 10,000 tons of fuel to Afghanistan to help stable the oil prices in Afghanistan. The contract for oil supply of 500,000 tons of fuel to Afghanistan was signed between the two countries last year, in a bid

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