English | دری

Afghanistan to establish a stock exchange market

in Afghan Business

Afghanistan to establish a stock exchange market

The Afghanistan central bank, Da Bank of Afghanistan (DAB), plans to create the first ever stock exchange market in Afghanistan.

Head of DAB Noorullah Delawari said the plan is proposed to the president and hoped to gain his approval.

Mr. Delawari regarded a stock exchange market as a necessary step to avoid monetary inflation.

He further added it would facilitate investment by purchasing shares.

“Like other countries, one can invest in a company by purchasing its share,” said Mr. Delawari.

With the foreign troops preparing to leave the country and security uncertainties rising, would it be a good idea to establish a stock exchange in Afghanistan?… And not to forget the endemic corruption crippling the economic development in the country.

Last year in November, Ahmad Bassam and his partner Sanzar Kakar expressed their hopes in having a viable bourse operating in Afghanistan by 2014.

The two have had years of experience in the US with Morgan Stanley and Merrill Lynch.



Related Articles

Italy pledges support to Afghanistan beyond 2014

Italian Prime Minister Enrico Letta assured Afghan leaders Sunday that Italy will continue to support Afghanistan that has been beset

Tajik-Afghan-Pak delegation meet up to conclude trade agreement

Delegations from Afghanistan and Pakistan met in Dushanbe, Tajikistan capital city, on Thursday to reach conclusive decisions on the trilateral

USAID contributes $10mn to fight human trafficking in Afghanistan

The United States Agency for International Development (USAID) announced it will contribute $10 million to the International Organization on Migration

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Your e-mail address will not be published.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.