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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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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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ICT sector could reduce Afghanistan’s reliance on foreign aid: SIGAR

According to a latest report by the Special Inspector General for Afghanistan Reconstruction (SIGAR), Afghanistan’s Information and Communications Technology (ICT) sector could potentially provide over USD 1bn annually to the Afghan government’s budget and reduce its reliance on foreign aid.

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The unstable Afghani currency

As the elections deadlock ended, there were glimpses of hope that Afghani currency would appreciate in value against the US dollar. Only a few days after the formation of the new government, the Afghani currency continued to go down. The

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Sweden increases aid to Afghanistan by 500mn Euros

Sweden has pledged to increase development aid to Afghanistan by 40% in the period 2015-2019, post the withdrawal of the US-led Nato combat troops. The USD 500mn Euros would be aimed at boosting employment and strengthening the private sector in

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Water Supply Project Inaugurated in Western Herat

A German-funded water supply project opened in the capital of western Herat on June 21, 2012. The project, benefitting nearly 100,000, cost 52.4 million Afs and took one year to complete. Before the implementation of the project, the people of

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‘Get Rich by 2014’!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

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'Get Rich by 2014'!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

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Past Decade of Development Has Not Helped Higher Education: Minister Obaid

Afghanistan’s Minister of Higher Education said Wednesday that he was concerned the successes in the country’s development over the past decade had not transferred to the higher education sector. Low quality education and inadequate resources still plague Afghanistan’s institutions, Higher

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