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Afghanistan to Implement World’s Advanced Technology to Ensure Transparency

The Afghan Ministry of Communications and Information Technology (MCIT) will activate one of the world’s advanced technology system to ensure transparency in collection of the 10% mobile phone tax. This new system is called the Real Time Data Management System

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Afghan Transport Ministry’s Revenue Up By Almost 50%

Afghan Ministry of Transport and Civil Aviation has recorded a 48% increase in its revenue during the first two quarters of the current year. Addressing a press conference on Tuesday, Minister Mohammad Hamid Tehmasi said the returns from ports and

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SAARC Development Fund Plans Tapping Financial Markets

SAARC Development Fund (SDF), the umbrella financial institution for projects in SAARC member countries, is working on a clear road map to strengthen its credit portfolio and tap the financial market, before converting itself to a full-fledged SAARC Development Bank,

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Afghan Goods Can Now Be Transited to Russia and China Through Uzbekistan

Afghanistan is now able to transit its goods to Russia and China through Uzbekistan’s Andi Jan port after the establishment of a transit hub by Uzbekistan. Situated in Termez city of Uzbekistan, the hub includes a railway line and station,

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Peace Deal Without Economic Opportunities Not Enough for Afghanistan

Written by: *Gul Maqsood Sabit, Lecturer, Ohlone College, Fremont, California, USA. Former Deputy Minister of Finance, Afghanistan. The recent announcement of a ceasefire by the Afghan government and then Taliban agreement to a Three-day ceasefire is rather encouraging and hopeful

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Afghanistan Smuggles Up to $3mn to Iran Daily

According to a recent report by Reuters, Afghan traders smuggle up to USD 3 million to Iran. This comes as Iran’s financial market is hit hard following the withdrawal of the United States from the nuclear deal and emergence of

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1000-Bed Medical Complex to be Built Soon in Nangarhar Province

A medical complex with 1000 beds for the Eastern Zone of Afghanistan will soon be built in Nangarhar province. President Mohammad Ashraf Ghani and Nangarhar Governor Hayatullah Hayat laid the foundation stone for the facility on Sunday. The complex will

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Afghan Traders Warned Against Trading in Pakistani Rupees

The Afghan Chamber of Commerce and Industry (ACCI) has warned Afghan traders who use Pakistani Rupees to refrain from doing so as Pakistan is added to the grey list of countries for money laundering and terror financing. The global anti-money

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Afghani Continues to Dip Against US Dollar

The Afghani currency continues to depreciate against the US dollar causing prices of essential items to soar in Kabul markets. The US dollar currently stands at 73.30 in Sarai Shahzada, Afghanistan’s largest financial market. Kabul residents have voiced their concerns

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Media’s Role in Promoting Agricultural Development in Afghanistan

In a media meeting in  Mazar-e Sharif, four expert panellists and more than 50 journalists discussed how the media could play a role in promoting agricultural development in Afghanistan. The Afghan-German Cooperation hosted this event, implemented by Mediothek Afghanistan. Balkh’s

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Afghan Women Advocate for Change through U.S.-Supported Promote Program

US Ambassaddor John R. Bass and Dr. Abdullah Abdullah today acknowledged the achievements of more than 1,500 women activists and 190 civil society organizations working to empower women across Afghanistan, honoring two years of accomplishments by beneficiaries of the USAID-funded

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Ministry of Economy Launches Monitoring & Reporting Database in Southern Afghanistan

Afghan Ministry of Economy introduced a monitoring and reporting database to officials from the provinces of Kandahar, Helmand, Zabul and Urozgan on Wednesday. In a two-day training, 15 government officials learned to use the database that provides information on development

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Afghanistan Receives $2.48bn in Fresh Aid

The international community has pledged to contribute $2.485 through the Afghanistan Reconstruction Trust Fund (ARTF), the largest source of on-budget financing for Afghanistan’s development, over the next three years.  The aid will support the government’s poverty reduction, service delivery and

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Afghanistan’s Finance Minister Resigns

Afghan Finance Minister has stepped down from his position . According to a statement from the ministry, he has resigned and his resignation has been approved.  Without disclosing further information, Hakimi further added that he has stepped down from his

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NPC Approves 4 Contracts Worth 3bn Afghanis

The National Procurement Commission (NPC), chaired by President Mohammad Ashraf Ghani, approved 4 contracts in its session held on Sunday at the presidential palace.  Valued around 3 billion Afghanis, the four approved contracts included three year contract for the security

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Nangarhar’s Fish Hatchery to be Completed Soon

A major fish hatchery in eastern Nangarhar province is expected to be completed in the near future, according to a statement from the provincial government’s office . A delegation of government officials accompanied provincial agriculture director Rafiullah Rahimzai to inspect

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India Wants Chabahar Port Operational by 2019

India hopes to make the Chabahar port in Iran operational by 2019 despite renewed US sanctions against Iran. Nitin Gadkari, India’s Minister for Shipping, announced on Friday that the government aims to operationalize the Iranian port by the year 2019. “Chabahar Port has the

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Afghan Finance Minister Meets With Norwegian Ambassador

Finance Minister Eklil Hakimi met with the Ambassador of Norway Mari Skare and conferred on various topics including Norway’s cooperation in various sectors in Afghanistan, particularly women empowerment.  According to a statement from the Ministry of Finance, Hakimi discussed Afghanistan’s

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India Funds Projects Worth $4mn in Balkh

The foundation stones for two major  projects worth around  $4 million were laid in northern Balkh province by Indian ambassador to Afghanistan on Wednesday.  The projects were a standard cricket ground and construction of 8.2 kilometers of road in Mazar-e-Sharif

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Polar Music Prize Winner Metallica Donates it’s Prize Money to Afghanistan

Metallica has donated their 1 million Swedish Kronor prize money, awarded last week when they became the 2018 Polar Music Prize Laureate, to three charities.  50% is given to the Stockholm City Mission, which supports the homeless in Stockholm, 25%

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Pakistan’s Contribution to Afghanistan’s Development Reaches $1bn

Pakistan has made USD 1 billion in contribution to Afghanistan’s development, said Pakistan’s Ambassador to China Masood Khalid in an exclusive interview with a Chinese magazine on Friday.  According to the envoy, the development assistance is geared towards investment in

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Afghanistan to Build Marketing Centers for Afghan Businesswomen

The Afghan government will build marketing centers for Afghan women investors in Central Asia to enable them access the foreign markets.  This is in response to the challenges facing Afghan women investors discussed at the  Regional Economic Conference on Afghanistan

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Afganistan’s National Institute of Music Receives Prestigious Polar Music Prize

Dr. Ahmad Sarmast, founder of Afghanistan’s National Institute of Music,  accepted prestigious Polar Music Prize from the hands of His Majesty King Carl XVI Gustaf of Sweden at a ceremony held at the Grand Hotel in Stockholm on Thursday evening.

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Volkswagen Fined €1bn Over Diesel Emission Scandal by German Authorities

The German authorities have fined Volkswagen €1bn after it was discovered that the company had sold more than 10 million cars between mid-2007 and 2015 with emissions-test-cheating software. The company has admitted to the diesel crisis and has no plan

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Afganistan Signs Pine Nuts Export Protocol with China

Afghanistan and China signed a protocol on export of Afghan pine nuts on the sidelines of the 18th Shanghai Cooperation Organization (SCO) summit.  The agreement was signed between Afghan ambassador to China Janan Musazai and Chinese customs department officials in

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