English | دری

Further efforts to strengthen domestic sources- ACCI

As concerns about Afghanistan’s economic situation after 2014 are rising, Afghanistan Chamber of Commerce and Industries (ACCI) emphasize on boosting domestic sources of the country. Speaking at a press conference in Kabul on Wednesday, Head of the ACCI Mohammad Qurban

Read More

Who, What, Why: Who first called it a 'fiscal cliff'?

 The phrase “fiscal cliff” is now part of the American lexicon, describing the looming deadline when tax cuts expire and spending cuts kick in. But where did the term come from and is the image a helpful one? No sooner

Read More

Who, What, Why: Who first called it a ‘fiscal cliff’?

 The phrase “fiscal cliff” is now part of the American lexicon, describing the looming deadline when tax cuts expire and spending cuts kick in. But where did the term come from and is the image a helpful one? No sooner

Read More

House of Representatives rejects the proposed development budget for next year

Reduction in the development budget has been a major issue for implementation of development projects in the country. Some of the House Representatives rejected the budget proposed to them on Wednesday and said the reason for reduction in the development

Read More

International conference on strengthening trade between Central Asia and Afghanistan

An international conference aimed at strengthening trade between central Asian countries and Afghanistan was held in Balkh, Mazar-e-Sharif. More than 70 economic and business experts and representatives from the United Nations Economic and Social Commission attended the conference. Behzad Rahmatov,

Read More

Asia Foundation Releases 2012 Survey of the Afghan People

  Asia Foundation News Release 6,300 citizens polled on reconciliation, unemployment, governance, development; security remains most significant factor in shaping public opinion Kabul, November 14, 2012 — The Asia Foundation today released Afghanistan in 2012: A Survey of the Afghan

Read More

Germany economic growth slowing down

According to latest figures, Germany’s economic growth stood at 0.2% between July and September, down from 0.3% in the second quarter and 0.5% in the first three months of the year. Last month, the German government cut its forecast for

Read More

No crisis after 2014- Afghan Second Vice President Mohammad Karim Khalili

Afghan Second Vice President Mohammad Karim Khalili said Afghanistan is ready for the withdrawal of foreign troops and to take over full security charges by the end of 2014, when the transition of security control from NATO-led forces to Afghan

Read More

Kabul Bank properties to be sold in Dubai soon- Noorullah Delawari

Officials of  Da Afghanistan Bank (DAB), Afghanistan’s Central Bank, say that the properties of Kabul Bank will be put out for sales in the next three weeks in Dubai city as per the orders of President Hamid Karzai. “A delegation,

Read More

Friedrich August Hayek

If any twentieth-century economist was a Renaissance man, it was Friedrich Hayek. He made fundamental contributions in political theory, psychology, and economics. In a field in which the relevance of ideas often is eclipsed by expansions on an initial theory,

Read More

Afghani currency falls against foreign currencies

Afghani currency value hit its record low in a decade on Tuesday, with one dollar accounting for 55 AFN in the capital city. Governor of the Da Afghanistan Bank (DAB) Noorullah Delwari linked the drop in the Afghani currency value

Read More

Eurozone extends deadline for Greece to budget targets

The Eurozone has agreed to allow two more years for Greece to meet its deficit-reduction targets. The Eurozone finance ministers met in Brussels and endorsed a proposal to extend from 2014 to 2016, as demanded by international lenders. The two-year

Read More

Sheberghan residents complain about lack of clean water

Residents from the city of Sheberghan have expressed their deep concerns about the lack of drinkable water in the area and have urged water supply authorities to take the steps needed to eliminate the problem. “One well is used by

Read More

Head of Microsoft’s Windows division resigns

Steven Sinofsky, the head of Microsoft’s Windows division, abruptly decided to leave the company. His departure comes just weeks after the release of Windows 8. There had been persistent rumblings about Mr. Sinofsky to be promoted to lead all Windows

Read More

Symposium on trade between Afghanistan and Central Asia

AKDN Press Release-The University of Central Asia’s (UCA) Institute of Public Policy and Administration (IPPA), in cooperation with the Afghanistan Ministry of Foreign Affairs Institute of Diplomacy and Directorate General for Economic Cooperation, organized a symposium on “Trade Cooperation between

Read More

Serious efforts to resolve the issue of the Kabul Bank- IMF

The International Monetary Fund (IMF) said on Monday Afghanistan has achieved progress in structural reforms; however, efforts should be intensified to resolve the Kabul Bank issue. Paul Ross, head of an IMF mission that wound up Kabul talks with Afghan

Read More

The US to overtake Saudi Arabia as the world’s biggest oil producer!

According to the International Energy Agency (IEA), the US will take over Saudi Arabia as the world’s biggest oil producer by 2020. The report adds the US will become “all but self-sufficient” in its energy needs by around 2035. The

Read More

Japan’s economy contracts by 0.9%

Japan has reported a contraction of 0.9% in its economy in the July to September quarter compared with the previous three months. The contraction comes amid global economic slowdown and anti-Japan protests in China, hurting Japan’s exports. Adding to the

Read More

EU to aid 60mn EUROS to Afghan government

The European Union will aid 60mn EUROS to the Afghan government for the purpose of good governance and justice. Of the total aid, 40mn EUROS is allocated for the good governance and rule of law sector and the remainder goes

Read More

3 companies shortlisted for oil extraction in Afghanistan

Minister of Mines Waheedullah Shahrani announced on Monday that bids from companies of Kuwait, the United Arab Emirates and Turkey have been shortlisted for a major oil and gas exploration project in the Tajik Basin in northern Afghanistan. The companies

Read More

Shah wa Aros dam to be reconstructed in two years

Ministry of Energy and Water reported on the reconstruction of water dams in various regions of Afghanistan, as concerns about lack of water in the country are rising. Energy and Water Minister Mohammad Ismail Khan said during his visit to

Read More

Afghan scholars can play a key role in good governance

Ministry of Education holds a three-day seminar under the title of “Role of Scholars in Good Governance”. According to the Ministry’ officials, Islamic scholars can play a key role in good governance by preaching and raising awareness about it among

Read More

Why pharmaceutical industries in Afghanistan do not flourish?

The Afghan Private Pharmaceutical Industries Union has complained about the lack of support from the government. Currently, there are about 20 pharmaceutical industries in Afghanistan, and most of them are operating in rented houses. The owners of the industries say

Read More

India’s surprising industrial output fall

India reported a 0.4% fall from a year earlier in its industrial output in September- a surprise to most analysts who had projected a rise of 2.8%. The weak data has once again raised calls for policymakers to boost stimulus

Read More

Priyanka Chopra on X-factor

(Dailynews)-Priyanka Chopra’s debut single, ‘In my city’, which has garnered a lot of attention in the west, has now earned her another honor. The actor recently became the first Indian celebrity to feature on the American show, X Factor. Priyanka

Read More