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$7bn injected into Afghanistan’s economy through aid for migrants

At least USD 7bn has come into Afghanistan through international aid for migrants and from contributions made by almost 6 million Afghans living abroad. “In 1395, more than USD 7bn was injected into the country’s economy through the migrant phenomenon,”

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Afghanistan receives $83.5mn from WB for bringing reforms

The Afghan Ministry of Finance announced receiving USD 83.5mn in incentive funds from the World Bank on Monday. “The donation from the World Bank is based on Afghanistan’s commitments to successfully implement reforms in key sector,” said the statement from

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USAID provides $791mn in fresh aid to Afghanistan

The United States Agency for International Development (USAID) have pledged to provide USD 791.16mn to the Afghan government. An agreement to that effect was signed between USAID Director Herber Smith and Afghan Finance Minister Eklil Hakimi on Monday. The aid

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Afghanistan, US, EU meet on the sidelines of Heart of Asia Conference

The Islamic Republic of Afghanistan, the European Union, and the United States of America met on December 9th 2015, in Islamabad, on the margins of the Heart of Asia Ministerial. Foreign Minister Salahuddin Rabbani, U.S. Deputy Secretary of State Antony

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Afghanistan is biggest recipient of aid from USA

Afghanistan remains to be the highest recipient of aid money from the United States Agency for International Development (USAID) despite the withdrawal of foreign forces and decline in American aid assistance. Afghanistan received USD 85mn from the United Stares in

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International community must stay committed to Afghan support-UN

 The international community must remain committed to supporting Afghanistan’s development under new President Ashraf Ghani, United Nations Assistant Secretary General Haoliang Xu said. More than two months after Ghani was sworn in, following an election dispute that ended in a

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Outgoing President Karzai thanks the international community for their support

President Hamid Karzai expressed his gratitude to the international community for their support in rebuilding the war-torn country. He acknowledged Afghanistan would not have witnessed political, social and economic growth without the global community’s assistance and aid. Addressing members of

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Afghanistan to request for more aid in the next NATO summit

Afghan government officials conferred on finalizing the agenda for the upcoming North Atlantic Treaty Organization (NATO) summit that is due to be held in Wales, United Kingdom on September 4-5. The main part of the agenda would be proposing a

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SCA annual report: millions were provided services

“We intend to remain in Afghanistan and continue to believe that solidarity between people can contribute to a peaceful future for Afghanistan. When others slow down, we shift into a higher gear.” Outgoing chairperson of Swedish Committee for Afghanistan (SCA),

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The state of Afghanistan’s national finances

Many reports have been circulating during the last few days about the state of public finance in Afghanistan. Based on empirical guesses of incomplete information, these reports contribute to the uncertainty of the political landscape in Afghanistan. To provide a

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US to donate USD 300mn in aid to Afghanistan over the next five years

As Afghanistan is going into a political and economic transition, the US government considers providing almost USD 300mn in new aid programs to the war-torn country. According to Bloomberg, USD 92mn of the aid would be earmarked for education programs

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Donors reiterate aid pledges to Afghan government

 The international community on Wednesday at the conference on the evaluation of Afghanistan’s commitments progress reaffirmed the aid pledges held out at last year’s Tokyo Conference. “Our international colleagues have once again renewed their commitment to 16 billion dollars assistance,

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Contracts awarded to NGOs are the roots of corruption

The Afghan government is disappointed at the international community’s effort towards eradicating corruption in Afghanistan. The government claims that aid agencies have failed to cooperate with the Afghan government in fighting corruption. The presidential palace alleges that the root of

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Afghan government dismisses SIGAR’s report on Afghanistan’s corruption

The Afghan Ministry of Finance has denied remarks in SIGAR’s latest quarterly report, stating corruption in the country hampering Afghanistan’s reconstruction efforts after influx of billions of dollars of aid. While acknowledging the presence of some degrees of corruption in

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IMF, Afghanistan agree path to fresh aid

The IMF said Monday it had reached agreement with Afghanistan on the reform path needed to unlock the next aid installment for the war-ravaged country. The International Monetary Fund granted Afghanistan a $133.6 million line of credit in November 2011

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Afghanistan must fulfill its promises, in order to be eligible for further aid

If Afghan government fails to tackle corruption and to spend the financial aid allocated to the implementation of intended projects, the US might cut of off additional aid to Afghanistan, warns a senior US official. Alex Thier, director of the

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Japan provides USD 20mn in aid to the Ministry of Rural Rehabilitation and Development

As part of the Afghanistan National Development Strategy (ANDS), Japan pledged USD 20mn in aid to the Ministry of Rural Rehabilitation and Development. According to the Ministry’s officials, the aid money would be spent in more than 150 districts across

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Afghan government seeks USD 471mn from the international community for humanitarian aid

Ministry of Rural Rehabilitation and Development and the emergency commission appealed to the international community for USD 471mn in humanitarian aid during the current year. The officials announced this at a conference in Kabul on Saturday. Mark Boden, UN humanitarian

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Kabul to Seek More Control Over U.S. Aid

Wall Street Journal- By Nathan Hodge Afghanistan this week plans to ask during President Hamid Karzai’s Washington visit for more U.S. assistance to be channeled directly to government coffers, the country’s top finance official said. Control over aid money has

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South Korea pledges more aid for the development of vocational training in Afghanistan

South Korean Ambassador Seong-doo Ahn once again assured the Afghan government that his country would continue to support Afghanistan’s socioeconomic development, particularly in the area of vocational training. Addressing the graduation ceremony of the Afghan-Korea Vocational Institute, the Ambassador announced

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The Republic of Korea’s USD 50mn aid to LOTFA

Korean Ambassador to Afghanistan Seong-doo Ahn committed USD 50mn worth of aid on his country’s behalf for the improvement of Afghan police to the United Nations Development Program (UNDP)-supported Law and Order Trust Fund for Afghanistan. Mr. Ahn signed the

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South Korea’s USD 500mn aid to Afghanistan

South Korea’s ambassador announced on Saturday that his country has pledged USD 500mn in aid to Afghanistan, of which USD 100mn will be spent in the country by next year. He further added that USD 130mn from the aid money

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As NATO Nears Exit, Construction Dries Up

Jalalabad Road, the heart of what might be called the Afghan capital’s military-industrial complex, has also become the place where heavy construction equipment comes to die. Lined with Afghan and NATO military facilities and the contracting firms that serve them,

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EU to aid 60mn EUROS to Afghan government

The European Union will aid 60mn EUROS to the Afghan government for the purpose of good governance and justice. Of the total aid, 40mn EUROS is allocated for the good governance and rule of law sector and the remainder goes

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Firewood prices rising as winter draws closer in Kabul City

As winter is approaching, prices of firewood have risen in the capital city. The price of 560kg unpeeled oak rose to 8,000 AFN during the outgoing week compared to last week’s 7,600 AFN. The same quantity of cedar wood went

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