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US cuts off funds for seven major infra projects in Afghanistan

Millions of dollars of fund for seven key infrastructure projects in Afghanistan have been halted by the US government, and there is no sign of resuming aid. The US government had committed to bear some of the costs of Dahla

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Wolesi Jirga fails to pass the Anti-Money Laundering Law

The ratification of the Anti-Money Laundering Law has been postponed until next Monday as the Lower House of the Parliament failed to pass the law due to lack of quorum. The Parliament is facing a lack of attendance as most

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Afghans fear an economic collapse

With the US spending boom coming to an end, many Afghans fear the economy would collapse. The World Bank has predicted an economic growth of 3.2% for this year compared with the expanding rate by as much as 14 percent

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Construction of new administrative centre in Raghistan with Afghan-German Cooperation support

In Badakhshan province, construction of a new administrative centre begins to help improve social services for the population of 47,000 in Raghistan district. With AFN 33 million in funding from Afghan-German Cooperation, the new centre will house 50 civil servants

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4 Business Communications Hubs established across Afghanistan

The Afghanistan Chamber of Commerce and Industries (ACCI) have established four Business Communications Hubs across the country with financial collaboration from the US Department of Commerce (US-DOC). The objective of the Hubs is to increase the availability of real time

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Databases set up in Kunduz judicial offices

A database system has been set up in 13 judicial and investigation departments of Kunduz province in a bid to prevent corruption and negligence in investigating cases of criminals. Funded by the US government, the system is installed to facilitate

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Afghan Football Club wins Women's Premier League title

The Afghan Football Club recorded its second consecutive title win in Women’s Football Premier League in Kabul. The defending champion defeated Maihan Football Club 4-0 in the final match of season 2 of Women’s Premier League. Afghan Football Club defeated

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Doctors without Borders start activities in Dasht-e-Barchi, Kabul

Medicins Sans Frontieres (MSF) or Doctors without Borders launched their activities in a 30-bed hospital in Dasht-e-Barchi area of Kabul. Addressing the inaugural ceremony on Saturday, head of the MSF said their activities only included providing health care services to

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Afghan presidential candidate Ghani plans for a robust economy

Addressing a press conference in Istiqlal High School, Dr. Ashraf Ghani Ahmadzai presented his 5 year national economic development policy. He said his main focus would be on agriculture, irrigation, railway system, airports development, elimination of red tape, better investment

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Lower House approves draft anti-money laundering laws

The Afghan Lower House approved the draft laws on Anti-Money Laundering and Financing Terrorism Prevention Laws on Wednesday. Consisting of 5 chapters and 29 articles, the laws were approved by the Parliament after the Financial Action Task Force (FATF) warned

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Afghan-German Cooperation supports environmental awareness campaign in Qala-e-Zal district

As part of an environmental awareness campaign in the district of Qal-e-Zal in Kunduz province, 120 residents (80 male and 40 female) took part in courses on how to protect the environment. As a further measure of the campaign, 20

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EPAA to sign economic cooperation MoU with India

The Export Promotion Agency of Afghanistan through the support of the Great Embassy of Afghanistan in New-Delhi India will sign an agreement on Economic Cooperation with the Indian Export Organizations and Indian Importers Association. The MoU, scheduled to be signed

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China rejects dollar transactions have been halted with Afghan banks

The embassy of People’s Republic of China in Afghanistan on Tuesday rejected reports that the Chinese banks have halted transactions with most Afghan commercial banks. Chen Shijie, Counsellor in Chinese Embassy in Afghanistan said, “The media report which claimed that

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Six Infrastructure Project Completed in Khost Province

Six development projects at a sum of AFN 3,073,000 financed by the National Solidarity Program of the Ministry of Rural Rehabilitation and Development (MRRD/NSP) have recently been completed in Khost province. The projects include the construction of retaining walls, irrigation

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Kunduz agriculture sector sees visible growth

Agricultural officials in Kunduz have witnessed a considerable growth in the agriculture sector in the past few years. Almond is one of the main produces of the province. Kunduz has the capacity to produce 900 tons of almonds every year.

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Six NSP projects completed in Badakhshan Province

With a cost of more than 6,250,000 AFN six sub-projects of the National Solidarity Program of the Ministry of Rural Rehabilitation and Development (MRRD/NSP) were recently completed in Badakhshan province and handed over to the people. The NSP provincial manager

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Afghanistan’s first computer manufacturer

A first for Afghanistan – an Afghan company has started manufacturing and assembling computers and components, with big plans for the future. Blue Sonic is a company founded by an expatriate Afghan called Syed Hashmi. Syed has begun manufacturing some

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Fire insurance made mandatory on private schools in Afghanistan

The Afghan Ministry of Education has required all private schools to seek insurance coverage against fire risks. Representatives of the private schools, insurance authorities and representatives of Afghan insurance companies met Monday to confer on how to meet the insurance

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HARAKAT pledges USD 750,000 in aid to Afghanistan Central Bank

HARAKAT-Afghanistan Investment Climate Facility has pledged USD 750,000 in aid to Da Afghanistan Bank, Afghanistan’s Central Bank. An agreement to that effect was signed between Da Afghanistan Bank chairman, Noorullah Delawari, and Harakat chief Naseem Akbar Sunday in Kabul. Delawari

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Work on 34 projects of NSP started in Kabul Province

According to the NSP Provincial Manager, 34 construction projects will be completed with a cost of more than 80,198,000 AFN in Mirbachakot, Qarabagh, and Kalakan districts of Kabul province. The projects include construction of social centers, retaining walls, irrigation canals

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Reconstruction work begins on basic healthcare centre in Baghlan with German support

Reconstruction work began on the Guzarga-e-Noor district basic healthcare centre in Baghlan with financial and technical support from Afghan-German Cooperation. With over AFN 10 million in funding, the measures will help modernize the healthcare centre that provides services for almost

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Aqina customs revenue goes up by 85%

Officials at customs department of Faryab province have reported about 85% increase in the customs revenue from Aqina port. “We have recorded an unprecedented 85% boost in Aqina port customs revenue. The revenue has doubled from the previous months,” said

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Transit problems dampen the spirit of Afghan traders

By: Sayer Zaland Although Afghanistan has signed economic cooperation agreements with its neighbors like Iran and Pakistan, the Afghan traders still face numerous challenges related to transit Mohammad Younus Momand, a fruit trader from Nangarhar, had everything going for him.

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