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Investment falls by 29% in Afghanistan

The Afghanistan Investment Support Agency (AISA) announced on Wednesday that investment in Afghanistan has declined by 29% in the past 9 months of the current fiscal year and investment has been on a free-fall since 2011. Addressing a press conference,

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Afghanistan, Qatar ink education cooperation accord

Afghanistan and Qatar signed a Memorandum of Understanding (MoU) on cooperation in the area of education on Wednesday. As per the MoU, the two countries will exchange expertise, experiences and visits, as well as the best practices in the education

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402 Afghan women compete demand-driven skills training program

The Afghanistan Workforce Development Program celebrated the successful completion of a two-week demand-driven skills training program for 402 women in the cities of Kabul, Jalalabad, and Kandahar. The U.S. Agency for International Development (USAID) funded the program to train mid-career/semi-professional

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Pakistan wants to regain market for its flour in Afghanistan

Pakistan’s Ministry of Commerce has announced to send a high level delegation to Afghanistan to address the issue of losing market for flour in Afghanistan. Officials in Pakistan have claimed that Afghanistan has replaced Pakistani’s flour with flour exported from

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Driving school for women opened in Jawzjan

The Women’s Council of the National Islamic Movement of Afghanistan has established the first-ever driving school for women in Jawzjan province. Roya Zelal, head of the Women’s Council, said many women wanted to drive and requested to launch a driving

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Government to recruit young Afghans: Minister Hakimi

Addressing the Wolesi Jirga on Sunday, Finance Minister Eklil Hakimi said the government would recruit experienced, young Afghans through the Capacity Building for Result Program (CBR). Minister Hakimi said the recruitment would be done on the basis of expertise, merit

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Development projects launched in Bamyan, Uruzgan provinces

The National Solidarity Program (NSP) of the Ministry of Rural Rehabilitation and Development (MRRD/NSP) have completed various development projects in Bamyan and Uruzgan provinces. Costing AFN 59,594,000, 40 public utility projects have been completed in a number of areas in

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Career center inaugurated at Kabul Education University

The University Support & Workforce Development Program, a USAID funded project, inaugurated a career center at the Shaheed Ostad Rabbani Education University on Monday. More than 20 private companies along with leadership of Shaheed Ostad Rabbani Education University and USWDP

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President Ghani fails to deliver his pre-poll pledges

President Ashraf Ghani’s motto before elections was a comprehensive economic reform strategy for the nation aimed at alleviating poverty and boosting employment. Afghanistan is presently facing an unemployment rate of 40%, which is much higher compared to 25% before the

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Afghanistan to become self-sufficient in wheat production by 2020

According to Ministry of Agriculture, Irrigation and Livestock, Afghanistan is set to become self-sufficient in wheat production by 2020. Deputy Minister of Agriculture, Irrigation and Livestock, Mir Amanuddin Haidari, said the draft strategy and policy for grain production in the

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Afghan treasuries to be exhibited at Japan’s Kyushu National Museum

Afghan Information and Culture Minister Zardasht Shams inaugurated the exhibition of 231 ancient artworks from the National Museum of Afghanistan at Kyushu National Museum of Japan on Saturday. “I extend my warmest gratitude to Kyushu National Museum, the people and

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Afghanistan receives USD 75mn in bonus from IMF

The Afghanistan government receives USD 75mn in bonus from the International Monetary Fund (IMF) after surpassing the set target for revenue collection this year by 21%. Addressing a press conference in Kabul on Saturday, Afghan Finance Minister Eklil Hakimi said

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51 development projects completed in Samangan province

The National Solidarity Program (NSP) of the Ministry of Rural Rehabilitation and Development (MRRD) completed 51 development projects in Khoram-wa-Sarbagh Samangan province. The projects were implemented at a total cost of 68,657,000 AFN with 10% contribution from the local community.

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Afghan president to sign cooperation accords during Turkey visit

Afghan President Ashraf Ghani has arrived in Istanbul, Turkey where he is expected to hold meetings with Turkish President Recep Tayyip Erdogan and the country’s Prime Minister Ahmet Davutoglu to discuss bilateral relations between the two countries. The two parties

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US releases $80mn to improve welfare of Afghan people

The U. S. Government provided $80 million to Afghanistan Reconstruction Trust Fund as part of the ongoing commitment to improve the welfare of the Afghan people through the New Development Partnership. Release of the money is tied to the Afghan

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Afghanistan, Azerbaijan sign several agreements

Afghanistan and Azerbaijan open a new page in bilateral ties and cooperation by signing several agreements following the meeting of the two countries’ presidents on Tuesday. In the sphere of labor, social protection and employment, an agreement was signed between

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India nods to revised cost of $268mn for Salma Dam

The Indian government has agreed to invest more in the Salma Dam project with approving cost revision from USD 200mn estimated in 2006 to USD 268mn. This comes days before Prime Minister Narendra Modi visits Afghanistan. Executed by M/S. WAPCOS,

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Shahrukh Khan’s Dilwale crosses Rs 100 cr mark worldwide

Shah Rukh Khan and Kajol starrer Dilwale has collected a whopping Rs 100 crore worldwide in the first three days of its release. Released on 18 December, Dilwale beat its contemporary Bajirao Mastani which was released on the same day.

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WB funds renovation of agriculture research farm in Helmand

An agricultural research farm in Helmand province is being renovated at a total cost of USD 35mn. Funded by the World Bank, the Bolan Research Farm is located in Lashkargah, the provincial capital. The research farm was founded 52 years

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Japan pledges $13.5mn to develop irrigation system in Afghanistan

The Japanese government has pledged to provide USD 13.5mn in aid to develop irrigation system in Kunduz, Takhar and Baghlan provinces of Afghanistan. An agreement to that effect was signed between Afghan Agriculture, Irrigation and Livestock Minister Asadullah Zameer, chargé

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ADB signs $ 275mn contract with Afghanistan

Afghanistan and the Asian Development Bank (ADB signed a contract worth USD 275mn, which is part of ADB’s 1.2bn aid to Afghanistan’s energy and commerce sector. The ADB had agreed on an aid package of USD 1.2bn for the year

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US government provides USD 50mn for job creation program in Afghanistan

The U.S. government is investing an additional $50 million in two on-going projects to stimulate immediate job creation for the Afghan people. “We recognize that the past year has been a difficult time for the people of Afghanistan,” said the

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Special Economic Zones to be established in Afghanistan

The government of Afghanistan signed a memorandum of understanding (MoU) with the Chord Group to establish a series of Special Economic Zones in the country as part of the Afghanistan’s economic development plan. The signing took place alongside a high-level

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WTO Approves Afghanistan’s Accession Terms

The World Trade Organization (WTO) formally adopted Afghanistan’s terms of accession into the renowned multilateral trading organization at the WTO’s 10th Ministerial Conference on December 17 in Nairobi, Kenya. Afghanistan will have until June 2016 to ratify the deal and

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World Bank provides 298 agricultural machineries to Afghanistan

The Afghan Ministry of Agriculture, Irrigation and Livestock (MAIL) has received 298 agriculture machineries worth 73mn from the World Bank (WB). MAIL Minister Asadullah Zamir said the machineries had been procured based on the needs of farmers in Herat, Balkh,

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