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Afghan government approves fiscal budget for year 1397

The 1397 fiscal year budget was approved in principle during a meeting of the cabinet of ministers under the chairmanship of President Mohammad Ashraf Ghani. The budget consists of 357,691,493,000 Afghanis for the development and ordinary expenditures of the government

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Afghan Think-Tank Study Predicts More Poppy Cultivation for the Year 2017

The results of a new study, conducted by the Afghanistan Research and Evaluation Unit (AREU) with financial support from the European Union, indicate more opium poppy cultivation in Helmand in 2017 than in the province’s past years, including the previous

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Entrepreneur of the Month: Roya Mehboob

Roya Mehboob is a young technology entrepreneur who was listed in the 2013 TIME 100 most influential people in the world. Mehboob had a passion for internet and technology from a very young age. After pursuing a degree in technology,

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India’s maiden shipment of wheat to Afghanistan flagged off via Chabahar

India sent off its first shipment to Afghanistan via Iran’s key strategic port of Chabahar port on Sunday. The shipment consisted of 1.1mn tons of wheat for the people of Afghanistan on grant basis, as part of commitment made by

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40 tons of fruits flown from Kandahar to India through Afghan-India air corridor

The fourth cargo plane flying from southern Kandahar province through the Afghanistan-India air corridor exported fresh and dried fruits weighing 40 tons to India. According to a statement from the Office of the President, Afghanistan has sent 198 tons of

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ADB commits over $5mn to support new strategy for CAREC

The Asian Development Bank (ADB) President Takehiko Nakao pledged more than USD 5mn to support new strategy for Central Asia Regional Economic Cooperation (CAREC). The announcement was made at the 16th CAREC Ministerial Conference held in Dushanbe, Tajikistan on Saturday.

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USAID provides $24mn to support WFP and local economy in Afghanistan

The World Food Program (WFP) receives a US$24 million contribution from the United States Agency for International Development (USAID) to support food assistance to highly vulnerable Afghans affected by conflict, displacement, natural disasters, and seasonal hunger. “Millions of women and

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New education facilities in Takhar benefit almost 3,000 students

The Afghan-German Cooperation handed over two newly constructed school buildings and an additional boundary wall to the Department of Education (DoE) in Takhar. The new education facilities will provide a better learning environment for almost 3,000 students, both girls and

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President Ghani bans Pakistan’s trucks from entering Afghan soil

Afghan President Mohammad Ashraf Ghani issued a decree on Sunday banning Pakistani trucks from entering Afghanistan. This comes as a retaliation to Pakistan’s constant stopping of Afghan trucks from entering its territory. According to Ministry of Transport, Pakistani trucks will

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National Procurement Commission approves 10 contracts

Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) approved ten contracts worth 1.3bn Afghanis in their meeting on Monday. The approved contracts are as follows: Construction of the 100-bed hospital in Jawzjan province Construction of a 11-km

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Ghani calls for proper urban development planning

President Mohammad Ashraf Ghani addressed the 12th Silk Road Mayors Forum and said there was a need for accurate planning to develop Afghanistan’s cities. He regarded Afghanistan as the key region in the Silk Road reconstruction and said countries involved

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Female entrepreneurs graduate from Afghanistan’s first private business incubator

The first group of young female entrepreneurs graduate from Startup Valley, Afghanistan’s first private business incubator. Operated by AGHAEZ Professional Services and supported by USAID: Promote Women in the Economy (WIE), Startup Valley encourages the entrepreneurial mindset in youth, especially

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China provides $1mn for nutrition assistance to Afghanistan

The World Food Program (WFP) received a US$1 million contribution from the Government of the People’s Republic of China to provide urgent food and nutrition assistance to people affected by food crises in Afghanistan. The contribution will assist approximately 38,000

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Afghanistan to sign transport agreement with Central Asian States

The Afghan Ministry of Transport announced Saturday that an agreement was under consideration with the Central Asian States to resolve transport related issues on regional level. Addressing a press conference in Mazar-i-Sharif, Transport Ministry spokesperson Hekmatullah Qawanj said an agreement

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Afghanistan receives certificate of permanent membership to AIIB

Afghanistan received the certificate of permanent membership to the Asian Infrastructure Investment Bank (AIIB), according to a statement from the Afghan Ministry of Finance. The membership will provide financial and technical facilities for implementation of major national projects including solar

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Women in Civil Service: 40 Afghan women conclude internship program

Forty Afghan women finished a six-month internship program at 15 line departments in Taloqan, Takhar province. The program was aimed at preparing the participants for their professional career and increasing the number of female civil service employees. Financed by the

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Afghan economy could grow by 6.5% a year: World Bank

According to World Bank’s recently released report, Afghanistan’s economy could grow by 6.5% a year between now and 2030, if the country properly uses its resources, mainly in mining and agriculture sectors. The World Bank has called on the government

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USAID Empowers Young Female Medical Technicians

Thirteen young women are among the first to graduate from USAID Promote: Women in the Economy’s (WIE) Forward Together Scholarship Doppler Ultrasound course. Held at the Ariana Hospital, the subsidized course gave participants the skills needed to operate an advanced

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Afghan female entrepreneur hopes to promote domestic products

Female entrepreneur Kubra Dastagerzada started her food business four years ago with the hope to promote domestic products. She produces pickles and jams and sells them at local markets. Dastagerzada started her business with only 50,000 AFN in her house

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Afghan Women Chamber of Commerce & Industries officially launched

The Afghan Women Chamber of Commerce and Industries was officially launched on Sunday by First Lady Lola Ghani. The idea for establishment of a separate chamber of commerce for women was proposed by the Leading Entrepreneurs of Afghanistan for Development

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Kam Air kicks off Delhi, Mazar direct flights

Afghan private airline company, Kam Air, kicked off the first direct flight between Mazar-e-Sharif, capital of northern Balkh province, and New Delhi, capital city of India, on Monday. According to the officials, two flights will take place between Mazar city

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Afghan central bank invests $50mn in US stock market

The Central Bank of Afghanistan, also called Da Afghanistan Bank, has invested over USD 50mn in nine securities in the US stock market. This is the first time that the country has invested in stock market and it has so

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Afghanistan, India strengthen economic bond through Trade and Investment Show

In an effort to strengthen commercial and economic ties between Afghanistan and India through trade and investment, the Governments of India and Afghanistan, along with the United States Agency for International Development (USAID), opened the first “Passage to Prosperity: India-Afghanistan

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Microfinance training program assists young Afghan women enter financial sector

Seventy-five young Afghan women graduated today from USAID Promote: Women in the Economy (WIE)’s Microfinance Institute Training (MFI) Program. Implemented by the Afghanistan Microfinance Association (AMA), the nine-month apprenticeship program equips young women with the technical and managerial skills needed

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Milk processing complex worth $12mn to be built in Kabul

The Afghan government will invest USD 12 million in the establishment of a milk processing complex in Ben Hesar Farm in capital Kabul. Jahangir Miakhail, general director at the Ministry of Agriculture, Irrigation and Livestock (MAIL), said the complex would

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