International transactions still an issue for Afghan private banks
A number of foreign banks have reportedly refused to transfer money into Afghanistan through Afghan banks.
The Afghan parliament approved the anti-money laundering legislation last month as mandated by the Financial Action Task Force (FATF).
Afghanistan was warned by the FATF, an international body that sets standards on how countries combat money laundering, for failing to pass key measures on curbing money laundering. Afghanistan was close to getting blacklisted if the laws were not passed in time.
While the laws saved Afghanistan from being blacklisted, they did not mend the relations between Afghan banks and international banks, who are still at distrust with the Afghan banking system.
Funded by the Dutch government, the National Agriculture Education Center was inaugurated by the Minister of Education, Ghulam Farooq Wardak
According to figures from Afghanistan’s Ministry of Agriculture, Irrigation and Livestock (MAIL), 1,864,500kg of honey has been produced throughout the