English | دری

Afghan ministers summoned by the Senate

in Afghan Business

Afghan ministers summoned by the Senate

Finance, Commerce and Economics Ministers were summoned to the National Assembly on 22 May 2012  to address the issue of the lagging economy of Afghanistan.

Afghan Senators expressed their concern regarding economic situation of Afghanistan. “Afghanistan has not reached the targeted stage of economy, despite the inflow of billions of funds from the world community,” said Mr. Abdul Wahab Urfani, a member of the Upper House.

The existing corruption in governmental organizations was considered to be the main reason for existing problems in the economy of Afghanistan.

Now that once again the world has pledged 4.1 USD aid for training and mobilization of Afghan National Army, the Ministers must tackle the problem currently hindering economic development in order for the country to stand on its own feet economically.   

The ministers emphasized that the past mistakes should not be repeated again.



Related Articles

The rising dollar against Afghani

The US dollar has been sold at an exchange rate of 55.5-60AFN in the past week. People are faced with

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

US Congress agrees on a deal of over USD 6 billion for Afghan forces

A compromise measure totaling USD 632.8 billion was reached on by the Senate members of the Armed Services Committee and

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.