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Afghanistan’s Sectors Worth Investment

1. Agriculture and agriculture-related industries Agriculture is a fundamental means of livelihood in Afghanistan, generating 50% of the country’s GDP and supporting 85% of its people. The climate of Afghanistan is well suited for the cultivation of horticultural crops and

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Afghanistan’s Sectors Worth Investment

1. Agriculture and agriculture-related industries Agriculture is a fundamental means of livelihood in Afghanistan, generating 50% of the country’s GDP and supporting 85% of its people. The climate of Afghanistan is well suited for the cultivation of horticultural crops and

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Tweaking policies to push Afghan trade agenda

 To push Afghanistan’s economic agenda, several national-level trade bodies urge the government to introduce a series of policies — including levying taxes on imports to formation of an independent authority for industrial parks’ development. Besides, they also want to showcase

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Transit Fee for TAPI Gas Pipeline Agreed

Afghanistan, Pakistan and India have agreed on a transit fee for a multi-billion natural gas pipeline project, a Ministry of Mines official in Kabul said on Tuesday. The 1735-kilometre pipeline, known as Turkmenistan-Afghanistan-Pakistan-India (TAPI) project, will run from Daulatabad through

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25 firms to compete for gold, copper extraction

Officials at the Ministry of Mines on Tuesday said 25 international companies would compete for the exploration and extraction of gold and copper from four reserves. Mohammad Jawad Omar, a spokesman for the ministry, said the companies had been short-listed

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IMF sees 'optimism return' as faster growth predicted

The International Monetary Fund (IMF) has said that “some optimism has returned” to the global economy and has predicted slightly faster growth. The IMF revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. It

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IMF sees ‘optimism return’ as faster growth predicted

The International Monetary Fund (IMF) has said that “some optimism has returned” to the global economy and has predicted slightly faster growth. The IMF revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. It

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Safi Airways sign codeshare agreement with Gulf Air

Gulf Air and Afghanistan’s international carrier Safi Airways has signed a codeshare agreement Kabul-Bahrain route as of April 23, Gulf Air officials announced. Under the agreement, both airlines will jointly market and promote six flights per week with each airline

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Cheaper internet services in Afghanistan soon

The Ministry of Telecommunication and Information Technology said they plan to procure broadband internet services at a lower price from foreign telecommunication providers this week — which would slash domestic internet rates. The government launched the mega nationwide fibre-optic network

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No budget for Khost water department in a decade

No development budget has so far been allocated for the Khost Department of Water Management by the Ministry of Water and Energy over the past 10 years. Director of Water Management Eng. Mohammad Naseem According to Director of Water Management

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Colombia's Jose Antonio Ocampo exits World Bank race

Colombia’s Jose Antonio Ocampo has pulled out of the race to be the next president of the World Bank. “It is clear that this is not based on the merits of the candidates but is a political exercise,” he said.

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Colombia’s Jose Antonio Ocampo exits World Bank race

Colombia’s Jose Antonio Ocampo has pulled out of the race to be the next president of the World Bank. “It is clear that this is not based on the merits of the candidates but is a political exercise,” he said.

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Dialing down corruption in Afghanistan

Foreign Policy By Anjana Ravi and Eric Tyler  Last week, Afghan president Hamid Karzai surprised U.S. and coalition officials by announcing the creation of a special tribunal and prosecutor to seek redress for the almost two year old Kabul Bank

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Fixing Development Aid in Afghanistan

Written by: Abid Amiri Washington, DC – Tuesday, April 10, 2012   Recently in Washington there is a lot of talk about what’s gone wrong in Afghanistan. It is now considered the longest war in U.S. history. American public is

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Kabul Bank to be privatised in June: Delawari

The country’s largest private sector that the government took over after it came to the verge of collapse two years back as a result of issuing unauthorised loans to its owners will be privistised in the near future. The central

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Fuel-Efficient Stoves Save Forest

Through USAID-funded Biodiversity Conservation and Natural Resources Management Project, 13 local stove makers in Badakhshan and Bamiyan provinces were equipped and trained to manufacture fuel-efficient stoves. Fuel wood is central to daily life in Afghanistan because it is used to

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Boycott against Pakistan's Currency in Paktika

Businessmen and shopkeepers in southeastern Paktika province on Tuesday promised a boycott of the Pakistani currency that was causing them losses. According to the shopkeepers’ association head Gulzada, the Pakistani rupee and the US dollar were the key reason behind

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Boycott against Pakistan’s Currency in Paktika

Businessmen and shopkeepers in southeastern Paktika province on Tuesday promised a boycott of the Pakistani currency that was causing them losses. According to the shopkeepers’ association head Gulzada, the Pakistani rupee and the US dollar were the key reason behind

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The First Afghan Female Entrepreneur

In an Afghan capital scarred by years of war, a young Afghan woman has bet $1 million that her countrymen could use a little fun. Meena Rahmani, who has spent most of her life in Pakistan and Canada, returned to

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Afghan traders feel ethnic squeeze on fuel

Fuel traders in Afghanistan say they are being frozen out of the import business by suppliers in Uzbekistan and Turkmenistan, whom they accuse of favoring businessmen from their own ethnic groups. Some 70% of Afghanistan’s oil and natural gas is

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Telecom sector earns $190m revenue

Afghanistan’s fast-growing telecommunication sector’s revenue crossed a staggering $190 million (9.5 billion afs) this solar year – a neat $30 million jump, compared to last year. In an exclusive interview with Pajhwok Afghan news, Telecommunication and Information Technology Minister Amirzai

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Turkmenistan Will Deliver Gas to Afghanistan for 30 Years

Turkmenistan will sell gas to Afghanistan for the 30 years following the construction of its trans-Afghanistan gas pipeline to India and Pakistan, Afghan Minister of Mines, Wahidullah Shahrani, said Wednesday. Shahrani, who recently returned from Turkmenistan, said Turkmen President, Gurbanguly

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Finance ministry rules out more changes to budget

A finance ministry official said on Monday the rejection of the proposed annual budget by the Wolesi Jirgafor a second time amounted to a betrayal of the nation. Parliamentarians have refused to approve the budget for the current year by

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Indian steel companies including SAIL forge ties with Afghanistan

Steel minister Beni Prasad Verma is headed to Kabul to sign a memorandum of understanding, as part of India’s growing economic engagement with Afghanistan. Verma will be accompanied by the heads of the ministry’s two star PSUs – SAIL and NMDC. The two PSUs are part

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Afghan Businessman Built a Mosque, School and Public Park

An Afghan businessman named Haji Amin from Parwan province established an Islamic school, a mosque and a public park in Charikar, central city of Parwan province. The total value of the properties is worth more than USD 4 million. According

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