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USAID guarantees $13.5 million in loans for Afghan microfinance

The United States Agency for International Development (USAID) on October 8 announced $13.5 million in micro-loan guarantees to three Afghan financial institutions, to increase access to credit for Afghan small businesses. The agreements were signed on September 25 at a

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28 NSP projects completed in Kunduz Province

With a cost of 41,966,000 AFN 22 projects of the National Solidarity Program of the Ministry of Rural Rehabilitation and Development (NSP/MRRD) were recently completed in Khan Abad, Chahardara, Qala-e-Zal and Ali Abad districts of Kunduz province. According to the

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Japan funds mine clearance operations in Afghanistan

The Japanese government has provided USD 696,310 to HALO Afghanistan for mine clearance operations in North and Central regions of Afghanistan. The fund will allow HALO to employ 108 trained de-miners to carry out mine clearance operations in selected minefields

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Electronic system established for Afghan police salary payments

Afghanistan’s Interior Ministry claimed that the police officers’ salaries are paid through a new electronic system in a bid to prevent embezzlement of the salaries. This comes after the Special Inspector General for Afghanistan Reconstruction (SIGAR) recently alleged that the

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4th Central Asian Trade Forum to be held in Almaty

The 4th Central Asian Trade Forum (CATF) is due to be held on October 29-30, 2014 in Rixos Hotel in Almaty, Kazakhstan. Sponsored by large-scale export oriented enterprises of Central Asia, Trade Networks, Transportation Providers, Financial Institutions and Initiator by

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Ring Road timeline faces security and budget issues

The Afghan Ministry of Public Works (MoPW) expressed concerns over meeting the deadline for completion of the Ring Road project. President Ashraf Ghani issued a directive earlier this week to complete the ring road project in the enxt nine months.

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Afghan economy growth projected at 1.5% in 2014

The World Bank in its twice-a-year report—South Asia Economic Focus—has projected a gloomy 1.5% growth rate for Afghanistan’s economy for the year 2014. Afghanistan is on the verge of a fiscal crisis, with declining revenues leading to an unfinanced fiscal

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