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NPC Approves Kabul-Road Project

Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) approved 21 new contracts, including the construction of 7 kilometers road from Kabul to Logar province. The Commission approved 21 new contracts having a total value of around 4.9

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Measures Taken to Curb Smuggling of Dollar at Afghan Borders

Da Afghanistan Bank (DAB), Afghanistan’s central bank, said strict measures have been taken to tackle smuggling of US dollar to neighboring countries. This comes as one US dollar was recently exchange at a rate of 76 AFN at Sarai Shahzada—Afghanistan’s

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IMF Appoints A Woman As Its Chief Economist For The First Time

Gita Gopinath becomes the first woman to serve as chief economist at the International Monetary Fund (IMF).  “Gita is one of the world’s outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience”,

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Afghanistan To Receive $6.1mn from IMF Upon Completion of Review by ECF

An International Monetary Fund (IMF) team led by Christoph Duenwald visited Tashkent during September 25–October 2, 2018 to conduct discussions on the fourth review of Afghanistan’s economic program supported by a three-year IMF Extended Credit Facility (ECF) arrangement. The agreement

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Afghan Businesses Suffer $1mn In Losses Due to Customs Duty Hike

Afghan businessmen have suffered USD 1 million in losses due to a recent rise in customs duty by the Afghan government, the Afghan Chamber of Commerce and Industries (ACCI) reported on Wednesday. Addressing a press conference, ACCI deputy head Khan

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US’s SHAHAR Project Supports 30 Municipalities in Afghanistan

The U.S. Ambassador to Afghanistan, John R. Bass, has announced support to an additional 10 municipalities in Afghanistan. This brings the total support by the U.S. government to 30 under its Strong Hubs for Afghan Hope and Resilience (SHAHAR) project. 

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Khan Steel Mill’s 2nd Phase to Be Completed In 3 Months

The construction of the 2nd phase of Khan Steel  Mill has kicked off with a total investment of USD 20 million.  One of Afghanistan’s newest industrial companies, Khan Steel Mill was founded in 2015 for the development of the steel

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German Government to Continue Development Cooperation with Afghanistan

The government negotiations on development cooperation between the Islamic Republic of Afghanistan and the Federal Republic of Germany for 2018 ended successfully and the German Ministry for Economic Cooperation and Development (BMZ) committed to invest about AFN 20 billion (EUR

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Afghanistan’s Growth Projected Down to 2.2% from 2.5%

In the recent report of the Asian Development Bank (ADB), Afghanistan’s economic growth for 2018 is revised downward amid the challenging security and political situations and the severe drought that hit the country in the first half of the year.

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300 Afghan Women Graduate From Civil Service Internship Program

The U.S. Government’s Women in Government (WIG) and Women’s Leadership Development (WLD) projects, funded by the U.S. Agency for International Development (USAID), jointly hosted a graduation ceremony to celebrate the completion of a one-year civil service internship program by 300

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USAID Provides About $44mn To Support Drought Affected People in Afghanistan

The United States Agency for International Development (USAID) contributed approximately $44 million to the UN World Food Programme (WFP) to support the provision of critical food assistance to people affected by drought in Afghanistan. Afghanistan is currently facing the worst

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Afghanistan’s Exports Rise By 32%

Afghan Ministry of Commerce and Industries have reported a 32% increase in the country’s exports. Addressing a press conference, Acting Minister Ajmal Hamid Abdul Rahimzai said Afghanistan’s economic growth and development are the main goals of the National Unity Government

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NGO Jobs Up By 7% in Afghanistan

Employment in the non-governmental organizations (NGOs) have increased by 7%, according to an annual report published by the Afghan Ministry of Economy. Addressing a media conference at the Government Media and Information Center, Minister Dr. Mustafa Mastoor said the purpose

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Afghanistan Signs Deals Worth Over $115 Million On Carpets Only At Trade Show In India

Afghanistan about 400 memorandums of understanding (MoU) and five contracts during the 2nd annual India-Afghanistan International Trade and Investment Show in Mumbai.  “About 400 MoUs in the last two days! Over $115 million in carpet deals,” said Loren Stoddard, head

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Why is Afghani Currency Falling?

The selling rate of US dollar is lingering between 76 and 77.30 in the past few days in Sarai-Shahzada money exchange market, the largest financial market in Afghanistan. Da Afghanistan Bank (DAB), Afghanistan’s central bank, blames the fall of the

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Former Afghan Woman Refugee Wins New Hampshire State Legislature Primary

Safiya Wazir, a 27-year-old former Afghan refugee, won the New Hampshire state democratic primary on Tuesday night. She beat out four-term New Hampshire state Representative Dick Patten and is on her way to become the fist refugee to ever serve

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China-Pakistan Economic Corridor to Be Extended to Afghanistan

China and Pakistan have decided to extend the China-Pakistan Economic Corridor towards Afghanistan. The decision was made during China’s Foreign Minister Wang Yi’s recent visit to Islamabad where he met with Pakistan’s new government to discuss bilateral cooperation. “The two

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5 Women Among Graduates from Kabul University of Medical Sciences

Kabul University of Medical Sciences (KUMS) hosted an official graduation ceremony to recognize the first cohort of 25 graduates, including five women, who are receiving a Biomedical Equipment Technology Associate Degree (BMET). KUMS established the BMET program with financial assistance

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Pakistani Transporters Protest Against Kabul’s Tax Hike

Pakistani transporters are continuing their protest against the high taxes imposed by the Afghan government on transportation of goods. The protestors are gathering in Hayatabad, a modern suburb on the south-western fringe of Peshawar, for the past two months. They

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India – Afghanistan Trade Show To Kick Off In Mumbai  

USAID is supporting the second annual “Passage to Prosperity (P2P): India – Afghanistan International Trade and Investment Show” which will kick-off in Mumbai, India on September 12, 2018.  The trade show will serve as a platform for international traders and

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Establishment of Permanent Bazaars for Women Businesses

The Afghan Women Chamber of Commerce and Industry (AWCCI) announced on Tuesday the establishment of permanent bazaars in capital Kabul for Afghan women businesses. The bazaars are opened for the sale of products made by women businesses in two parks

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Afghan Health Indicators Improve Considerably From Extremely Low Level

The Afghanistan Research and Evaluation Unit (AREU) recently released the results of a study on health-related Sustainable Development Goals (SDGs) that provides a comprehensive accurate breakdown of the health and healthcare facilities situation in Afghanistan. According to the study, Afghan

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Two New Agricultural Projects Launched in Afghanistan

Today, U.S. Agency for International Development (USAID) Mission Director Herbie Smith and the Ministry of Agriculture, Irrigation and Livestock (MAIL) Minister Naseer Durrani launched two new value chain projects to improve Afghanistan’s agricultural sector. The main objectives of the programs

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Mumbai to Host 2nd Round of Kabul-Delhi Trade & Investment Summit

The second round of Kabul-Delhi Trade and Investment Summit is going to be held in Mumbai, India in the next two weeks.  As many as 1000 domestic and international companies are invited to attend the summit, according to the Afghan

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Youths in Mazar Build Afghanistan’s First Ever Electronic Rickshaws

An Afghan firm, led by a group of youths, in Mazar-e-Sharif has produced the country’s first ever electronic rickshaws that can cover up to 70 kilometers of distance over a period of three hours. Mustafa Niazi, deputy head of the

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