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Afghanistan, Pakistan poised to enhance bilateral trade to USD 5bn

Afghanistan and Pakistan have agreed to further expand trade between the two nations and enhance bilateral trade from USD 2.4bn to USD 5bn. The agreement was made at a meeting between Pakistan’s Ambassador to Afghanistan Syed Abrar Hussain and a

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Afghan banks should require insurance certificate before providing loans: Delawari

Da Afghanistan Bank (DAB) Chief  Noorullah Delawari stressed on the importance of insurance for the banking sector in Afghanistan at a conference held by the Afghanistan Insurance Authority (AIA) on Monday. Delawari said banks loan provision by the banks should

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30,000 students in Takhar to benefit from new school buildings

German Development Bank and other international donors have pledged USD 3mn for construction of 7 schools across northern Takhar province. Constructed in Chal, Bangi, Rustaq and Cha Aab districts of the province, the school buildings will benefit 30,000 students. Fifty-two

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Taloqan road being asphalted at a cost of more than USD 2mn

Work on the asphalting of 4.5km in Takhar province, between Taloqan and Hazar Somch district, in the process. Funded by the German Development Bank, the project is being implemented at a cost of more than USD 2mn. The road connects

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Italy funds development projects in Herat

The Italian government has pledged to donate USD 300mn for funding development projects in western Herat province. Italian Ambassador to Kabul Luciano Pezzottti said the fund would be spent on big and small uplift projects including construction of 160km road

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Afghanistan to launch 4G internet soon

The Afghan Ministry of Communication and Information Technology (MCIT) announced that 4G (fourth generation) services would soon be launched in the country. 3G internet services are currently available in 16 provinces provided by Etisalat, MTN, Roshan and Salaam Telecom companies.

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India donates prosthetic legs to 1000 people in Afghanistan

Indian organization The Jaipur Foot has signed an agreement with the Afghan government to supply 1000 prosthetic legs to terror attack victims and polio sufferers in Afghanistan free of cost. “The Indian organisation had agreed to provide the limb free

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US funding for Afghanistan tops the amount spent rebuilding Germany, Britain after WWII

The Special Inspector General for Afghanistan Reconstruction (SIGAR), John Sopko, said Afghanistan will continue to receive up to USD 10bn of aid annually from the US after the withdrawal of foreign troops. Sopko said the US had never put such

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Nimroz transporters accuse ACCI of graft

A number of transporters in Nimroz raised their voices against the issue of graft hindering their business activities. According to Pajhwok Afghan News (PAN), the transport unions and drivers have warned of going on strike if the issue of bribery

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10 NSP projects executed in Kabul province

Ten sub-projects of the National Solidarity Program (NSP) of the Ministry of Rural Rehabilitation and Development (MRRD) were  recently completed in Kabul province. According to the concerned Provincial Manager of NSP, the projects included graveling the rural roads and construction

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The state of Afghanistan’s national finances

Many reports have been circulating during the last few days about the state of public finance in Afghanistan. Based on empirical guesses of incomplete information, these reports contribute to the uncertainty of the political landscape in Afghanistan. To provide a

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Honey production increases in Herat Province

Officials at the Agriculture Department in Herat Province have reported of noticeable increase in honey production in the province. More than 20 tons of honey has been produced in the past one year and officials expect the amount to increase

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Prolonged election process slows down business activity: Afghan economic experts

Afghan economic pundits have expressed concerns at the prolonged process of the elections that have slowed down business activity. Uncertainty about Afghanistan’s future had been a major factor behind the decline in economic growth; it only heightened further upon the

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Security remains an impediment to economic growth: ACCI

A latest report by the Afghanistan Chamber of Commerce and Industries (ACCI) has revealed that security still remains a major threat to the country’s economic growth. The report was based on a survey and interview of entrepreneurs in four provinces:

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Three NSP projects completed in Ghazni Province

Three development projects of the National Solidarity Program of the Ministry of Rural Rehabilitation and Development (NSP/MRRD) were recently completed and handed over to the communities in various districts of Ghazni province. According to Provincial Manager of NSP in Ghazni

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Afghan Government signs 18 agreements with local construction companies

Afghan Ministry of Public Works signed 18 construction projects’ agreements with local construction companies on Tuesday. The projects include road and bridge construction that will be implemented in Baghlan, Nooristan, Nimroz, Khost, Pakisa and Ghazni provinces. Of the 18 projects,

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Afghan love story film shortlisted at Sydney Film Festival

By Ahmadshah Ghanizada-An Afghan documentary film based on a true love story has been shortlisted to receive award at this year’s Sydney Film Festival (SFF). The film – Love Marriage in Kabul is produced and directed by an Afghan-Australian filmmaker

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Turkmenistan to export 300MW of electricity to Afghanistan

Officials of Da Afghanistan Breshna Sherkat (DABS), Afghanistan’s national power utility, have reported of 300MW of electricity to be imported from Turkmenistan. An agreement to that effect was signed between Afghanistan and Turkmenistan earlier this week. DABS spokesperson Waheedullah Tawhidi

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Flydubai to launch direct flights to Kandahar province

By Ahmadshah Ghanizada- The UAE based airline Flydubai would start direct flights to southern Kandahar province of Afghanistan for the first time, said Flydubai official on Sunday. The decision was taken during a meeting attended by Flydubai official Manish Gupta

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Donors have not fulfilled their commitments made at the Tokyo Conference: Afghan Finance Minister

Afghan Finance Minister Hazrat Omar Zakhilwal said 16 out of 17 commitments made at the Tokyo Conference have been implemented. Zakhilwal made this statement at the annual accountability meeting of the Tokyo Conference board held in Kabul on Saturday. He

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Afghanistan’s first satellite starts formal operation

(By Ahmadshah Ghanizada) Afghanistan’s first satellite which was deployed into the orbit earlier this year has formally started its operations. The announcement of the formal operation of Afghansat 1 was made during a conference attended by Afghanistan’s First Vice President

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Gold price down, food remains stable in Kabul

(Pajhwok Afghan News Weekly Price Report) The prices of some daily-use commodities jumped while the rates of gold dipped during the outgoing week in Kabul, market sources said on Thursday. Fazal Rahman, the Food Traders’ Union head, said a 50-kiogram

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Turkmenistan and Tajikistan willing to support Afghanistan’s socio-economic development

Turkmen and Tajik leaders have expressed willingness to assist Afghanistan’s social-economic development. Turkmen President Gubanguly Berdimuhamedov and Tajik President Emomali Rahmon agreed to intensify cooperation in resolving regional issues, in particular, by making joint actions to assist Afghanistan’s socio-economic development.

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Samangan closes its unsafe coalmines

Afghan government has pledged to close unsafe coalmines in Dara-i-Suf Bala district of northern Samangan province. Officials of the Ministry of Mines and Petroleum have taken on the mission to identify all the dangerous coalmines and shutting them down. This

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Afghanistan wins ACC Premier League championship trophy

The Afghanistan national cricket team won the championship of the Asian Cricket Council (ACC) Premier League by defeating Nepal. Afghanistan set a target of 263 runs from 49.3 overs after losing the toss to Nepal, with Usman Ghani and Hashmatullah

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