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First Expert Group Meeting on Lapis Lazuli Route Agreement held in Turkmenistan

The First Expert Group Meeting on the implementation of the Lapis Lazuli Route Agreement held with the participation of experts from Afghanistan, Turkmenistan, Azerbaijan, Georgia, and Turkey on April 13, 2018 in Ashgabat, Turkmenistan. The delegation of Afghanistan included representatives

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Afghan Finance Minister briefs Lower House on national revenue

Afghan Finance Minister Eklil Hakimi and Deputy Finance Minister Karim Baz provided information on the national revenue and other activities and achievements of the ministry to the Wolesi Jirga or the Lower House of the parliament. Hakimi highlighted the achievements

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Turkish, Afghan traders meet to discuss joint investment opportunities

A high-ranking Turkish delegation met with officials from Afghanistan’s Chamber of Commerce and Industries (ACCI) in Kabul on Sunday to discuss investment opportunities available in the two countries. Led by the Turkish Deputy Minister of Economy Fatih Metin, the delegation

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Afghan Economic Growth to remain at 2.5% in 2018, 2019 amid political instability

The Asian Development Bank (ADB) in its Asian Development Outlook (ADO) 2018 report has projected Afghanistan’s economic growth at 2.5% in 2018 and 2019 amid tenuous political situation and deteriorating political situation. The report adds that parliamentary and presidential elections

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Conference in Kabul promotes renewable energy and women’s participation in energy sector

The Afghanistan Renewable Energy Union (AREU) initiated a conference, supported by the Afghan-German Cooperation, in Kabul to promote renewable energy and energy efficiency among entrepreneurs in Afghanistan and to increase women’s participation in the energy sector.  Around 120 representatives from

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Japan provides over $US 2.3 million for Irrigation and Fiscal Support in Afghanistan

The Government of Japan announced over $2.3 million new assistance to the Government of Afghanistan on Wednesday.  The funding will be contributed through the Afghanistan Reconstruction Trust Fund (ARTF), which is administered by the World Bank.  The new package will

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Afghanistan, WB sign $691mn worth of grant agreements

The World Bank has committed to providing $ 691mn to help revive Afghanistan’s economy and improve access to quality healthcare. An agreement to that effect was signed between Afghan Finance Minister Eklil Hakimi and World Bank Country Director Shubham Chaudhuri

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Japan contributes USD 5.3 million for Humanitarian and Emergency Assistance in Afghanistan

The Government of Japan has recently provided 5.3 million fund to UNHCR, UNICEF, UNMAS, WFP, WHO and IOM for humanitarian and emergency assistance in Afghanistan. The funding from Japan will allow those agencies to address humanitarian challenges through provision of

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China extending CPEC to Afghanistan

The Asian Competitiveness Annual Report 2018 released on Sunday on the sidelines of China’s Boao Forum for Asia (BFA) annual conference said the China-Pakistan Economic Corridor (CPEC) is being extended to Afghanistan. CPEC is the flagship project of China’s ambitious

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SDGs Workshop on Agriculture and Natural Resources Management Held Across Afghanistan

The Afghanistan Research and Evaluation Unit (AREU) with the support of the Food and Agriculture Organization of the United Nations (FAO) and the Ministry of Agriculture, Irrigation and Livestock (MAIL) are set to conduct workshops across seven regions in Afghanistan.

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President Ghani approves National Export Strategy

Afghanistan’s High Economic Council (HEC), chaired by President Mohammad Ashraf Ghani, on 3 April endorsed a National Export Strategy (NES), which aims at growing the country’s exports in the short, medium and long term. This follows its previous approval by

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Afghan construction companies lose $222mn in 4 years

The Construction Companies Union (CCU) of Afghanistan claim that the construction sector has suffered USD 220mn in losses during the past four years and 100,000 employees of the sector have been left unpaid. Addressing the 10th annual conference “Construction Business

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Afghanistan’s first maternal health mobile app

WISE Afghanistan, a non-profit organization, has launched the first maternal health mobile app in the country called Salamat aimed at improving antenatal and postnatal care for mothers and their children. The organization signed a memorandum of understanding (MOU) with leadership

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USAID Donates $25 million to WFP to Support Vulnerable Afghans

The United States Agency for International Development (USAID) announced on Tuesday it has donated $25 million to the United Nations World Food Program’s (WFP’s) Afghanistan Protractive Relief and Recovery Operation (PRRO) to provide cash-based and food assistance to nearly 1.7

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Afghan government signs contract for Jawzjan’s $39mn dollar gas pipeline project

The contract for Jawzjan’s USD 39mn dollar gas pipeline project was signed on Sunday in the presence of President Mohammad Ashraf Ghani in the presidential palace. The statement adds that the contract was signed between Ehsanullah Bayat, owner of the

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Why Youth Fail to Network Authentically?

By:  Saeeda Najafizada It’s impossible to get almost anything done without a network. Isn’t that right? Networking is a key instrument that would benefit us in many ways, be it for the purpose of staying relevant, connecting with key influential

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Afghanistan’s financial intelligence unit signs MOU on exchange of information with Interior Affairs Ministry

By:          Nesar Yosufzai, Certified Financial Crimes Specialist As money laundering and terrorist financing risk is an evolving trend, therefore effective combating abilities, including close coordination and cooperation among the relevant stakeholders is essential. The Financial Action Task Force also

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Uzbekistan set to increase power export to Afghanistan by 70%

Uzbekistan’s state-run power company reported on Monday that work on building power cables to Afghanistan has begun which will boost power exports to Afghanistan by 70%–up to 6 billion kWh per year. According to Uzbekistan’s state-run power company Uzbekenergo officials,

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Foreign Aid Allocation And Conflicts Within Least Developed Countries

In Least Developed Countries (LDCs), how should foreign aid as Official Development Assistance (ODA) be directed in order to decrease the instances of conflict within on-going conflict countries? Overseas foreign aid remains the largest source of financing for LDCs. However,

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Iran interested in investing in Herat mining project

Iran wants to invest in Sangan iron ore mine of Herat province, located in bordering areas between Afghanistan and Iran. The neighboring country has ended the mineral resource from Sangan iron ore on its soil and is willing to invest

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Afghan businesswoman builds a women trade center in Kandahar

An Afghan businesswoman builds an all-women trade center, called “Afghan Sisters Market”,  in Kandahar City, the capital of southern Kandahar province. Laila Afaq, the market’s owner, said the facility costs USD 120,000. She added that the trade center had a

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IMF projects Afghanistan’s GDP at 2.5% for 2018

The International Monetary Fund (IMF) has projected Afghanistan’s GDP for 2018 at 2.5% and inflation is forecasted to average about 5% in 2018. “Afghanistan’s GDP growth for 2018 is projected at 2.5 percent, the same rate as recorded in 2017,

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New electricity infrastructure benefits 10,000 people in Baghlan

An extended power line and a newly constructed energy network were put into operation today in the city of Pol-e Khomri, Baghlan. Implemented by the German Regional Infrastructure Development Fund (RIDF) and Da Afghanistan Breshna Sherkat (DABS), the project benefits

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Afghanistan & Iran trade $2.48bn worth of goods in 11 months

According to a latest report, Afghanistan and Iran traded USD  5.32mn tons of non-oil commodities worth 2.48bn in the past 11 months. The Financial Tribute reported Iran imported 22,673 tons of goods worth USD 18.71mn during the period till Feb

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Knowledge is the ultimate currency for entrepreneurs

By: Suleman Fatimie “Seek knowledge from the cradle to the grave.” Prophet Muhammad (PBUH) Knowledge is becoming its unique form of currency.  However, unlike other currencies, it is increased when used and shared with others and does not decrease.  Learning

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