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Afghan civil society activists call for curbing illegal mining

A number of civil society activists urged the government to take stern actions against illegal mining activities that are carried out in various provinces of Afghanistan. “Illegal mines must be shut,” Tolo news quotes a civil society activist, Mohammad Tawab

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MCC spurns reports about Aynak project heading for failure

Officials of the Metallurgical Group Corporation (MCC) have rejected reports about the Mes Aynak project headed for failure and assured that the company would never abandon the project. The project was running at a tepid pace due to poor security

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Exit America, Enter China: The Promise of Chinese Development

As U.S. troops withdraw from Afghanistan in 2014, China is poised to act as a stabilizing force in the region, reaping the benefits of American military efforts. Though the Chinese are not significantly or directly contributing to Afghan security by

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Pakistani company resumes work on Bakhshabad power dam in Farah

Work on designing the Bakhshabad power dam in Farah province has reportedly resumed after 5 months of suspension. Pakistani firm called the National Engineering Services of Pakistan (Nespak), a state-owned organization of consulting engineers, secured the contract for designing the

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32 water supply networks to be constructed in 9 provinces

Ministry of Agriculture, Irrigation and Livestock officials said that 32 water canals are going to be constructed in 9 provinces. Funded from the Ministry’s development budget and Afghanistan Reconstruction Trust Fund, the water supply networks will be executed at a

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DAB branch gets new building in Jalalabad

A new building for Da Afghan Bank (DAB) branch in Jalalabad, capital of eastern Nangarhar province, was inaugurated on Wednesday. Costing USD 3,685,141, the four-story building is equipped with all the required facilities including a kindergarten, a mosque, a car

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Kunduz municipality revenue increases by 30mn AFN

Kunduz municipality  has witnessed a 30mn increase in its revenue this fiscal year, officials reported on Thursday. The boost in revenue is linked to the growing capacity of municipality employees and enhanced security in the province. Kunduz Mayor Najibullah Amarkhail

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New markets opened in Maimana

Funded by the United States Agency for International Development (USAID), three new markets have been inaugurated in Maimana city of Faryab province. Maimana mayor Nazar Mohammad Sahibzada told Pajhwok Afghan News (PAN) the two food markets were built on two

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Commodity rates remain stable in Kabul market

(Pajhwok Afghan News Weekly Price Report) The prices of essential daily-use commodities stayed stable during the outgoing week in Kabul, market sources said on Thursday. Fazal Rahman, the Food Traders’ Union head, said a 24-kg bag of Pakistani rice cost

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Afghanistan granted the UIC membership

The membership of Afghanistan to the International Union of Railways (UIC) was officially declared at the 83rd General Assembly of the UIC held on December 12 in Paris. Ambassador of the Islamic Republic of Afghanistan to Paris and the Afghanistan

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Thomas Sowell

Thomas Sowell (born 1930) is noted for his conservative views on social and economic issues. An African American author and economist, Sowell opposes such programs as affirmative action, busing, racial quotas, minimum wage, and welfare. He has drawn fire from

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Council's decision in favor of Ghazanfar opposed by AOI

Afghan Association of Oil Importers have opposed the recent decision by the Council of Minister to permit Ghazanfar Group to import semi-refined crude oil. The Association has warned that oil importers would go on strike and halt investment in Afghanistan

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Council’s decision in favor of Ghazanfar opposed by AOI

Afghan Association of Oil Importers have opposed the recent decision by the Council of Minister to permit Ghazanfar Group to import semi-refined crude oil. The Association has warned that oil importers would go on strike and halt investment in Afghanistan

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World Bank-funded construction projects being executed

Construction projects, funded by the World Bank at a total cost of 226 million AFN, are being implemented under the Public Works Ministry’s National Rural Support Program in various provinces. Agreements to that effect have been signed with six local

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Deadlock over BSA causing capital flight

Delay in singing the Bilateral Security Agreement (BSA) has sparked capital flight from Afghanistan, the Afghanistan Banks Association (ABA) has warned. According to Khalil Sediq, chairman of the association, said uncertain security situations have caused businesses to decline and investments

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Afghanistan's Qaraqul business booming

Afghan Ministry of Commerce & Industries (MoCI) have reported a 4% rise in Afghanistan’s Qaraqul exports. With about 45,000 pieces of Qaraqul hats exported this year, the figure is expected to increase further through the end of this year. According

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Afghanistan’s Qaraqul business booming

Afghan Ministry of Commerce & Industries (MoCI) have reported a 4% rise in Afghanistan’s Qaraqul exports. With about 45,000 pieces of Qaraqul hats exported this year, the figure is expected to increase further through the end of this year. According

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English Premier League to support Afghan Football Federation

English Premier League is expected to sign an agreement with the Afghan Football Federation (AFF) in Dubai within two months. This comes after British Prime Minister David Cameron accompanied by England’s top football player Michael Owen visited southern Afghanistan and

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Kabul to launch credit registry system to manage loans

An online public credit registry system is being established in Kabul city to manage loans and facilitate transactions. Funded by the World Bank, the project is being implemented by the Da Afghanistan Bank (DAB) at a total cost of USD

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48% of development budget spent so far-Afghan Ministry of Finance

According to Afghan Ministry of Finance, Afghan government has spent only 48% of the development budget so far. With six days to the end of fiscal year, the total expenditure by the Afghan government is expected to rise over 50%.

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UAE and US firms submit bids for New Kabul Bank

Two foreign firms, identified as America’s Construction Business Group Inc. and the UAE-based KRU Capital Partners Ltd., have submitted bids for the purchase of New Kabul Bank. Da Afghanistan Bank Chief Noorullah Delawari said details of the two new proposals

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Nangarhar mines revenue generation to hit 300mn AFN this year

Mines department officials in reported that the department has collected up to 260mn in revenue in the past 11 months from the mining sector in eastern Nangarhar province. Head of the department, Shakurullah Tolo, told Pajhwok Afghan News (PAN), the

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Korea contributes USD 9mn to improve Afghan community resilience against shocks

The Government of the Republic of Korea announced a contribution of US$ 9 million to the World Food Program (WFP) to support asset-creation projects to boost food security in Afghanistan. The donation was formalized in a signing ceremony in Rome

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Work on major highway in Khost province begins

Construction work on the Khost-Ghulam Khan highway, the third most important border crossing point between Pakistan and Afghanistan, has officially begun in Khost province. Governor Abdul Jabbar Naeemi told Pajhwok Afghan News (PAN) the project would take 17 months to

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Winners of Balkh University Business Plan Competition announced

The winners of a business plan competition were announced at the Baran Imperatory Hotel in Mazar-e-Sharif, in Balkh province on Thursday. The aim of the business plan competition was to test and encourage students’ entrepreneurial thinking by asking them to

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