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48% of development budget spent so far-Afghan Ministry of Finance

According to Afghan Ministry of Finance, Afghan government has spent only 48% of the development budget so far. With six days to the end of fiscal year, the total expenditure by the Afghan government is expected to rise over 50%.

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UAE and US firms submit bids for New Kabul Bank

Two foreign firms, identified as America’s Construction Business Group Inc. and the UAE-based KRU Capital Partners Ltd., have submitted bids for the purchase of New Kabul Bank. Da Afghanistan Bank Chief Noorullah Delawari said details of the two new proposals

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Nangarhar mines revenue generation to hit 300mn AFN this year

Mines department officials in reported that the department has collected up to 260mn in revenue in the past 11 months from the mining sector in eastern Nangarhar province. Head of the department, Shakurullah Tolo, told Pajhwok Afghan News (PAN), the

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