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Turkish Lira Plunges Sharply Against US Dollar
Facing the sudden rise of the U.S. dollar against the Turkish currency overnight on Monday, Turkish citizens expressed their concerns over the turbulence in markets. The local currency lira plunged around 11 percent early in the morning after the discharge
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Girls High Schools Inaugurated in Taloqan, Benefiting 11000 Students
More than 11,000 students will benefit from the new school buildings and renovated facilities that were inaugurated in Takhar province by the Afghan-German Cooperation on Monday. Around 200 people including students, parents, teachers, elders and civil society activists attended the
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Afghanistan, Tajikistan Sign 5 Cooperation MoUs
Afghanistan and Tajikistan sign Memorandum of Understandings (MoU) in the areas of security, trade, transit, transportation, energy, culture and politics. The MoUs were signed between Afghan President Mohammad Ashraf Ghani and his Tajik counterpart on Monday in Dushanbeh, Tajikistan. President
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Afghanistan Expedites Work on CASA-1000
Work on the much-awaited CASA-1000 power transmission project has picked up pace since the last solar year and is 30% completed. According to officials, 140 power transmission columns are constructed in Kunduz province and column construction will move onto Baghlan
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President Ghani Inaugurates Kamal Khan Dam
President Mohammad Ashraf Ghani inaugurated a key hydropower dam in the western province Nimroz. “Inauguration of Kamal Khan Dam is a historic moment of emotion and pride for Afghans. The project will irrigate lands and light up homes. The dam
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Four-Day Farming Expo Kicks Off in Kabul
A four-day farming expo kicked off at the Badam Bagh area of Kabul on Monday, with many farmers, government officials, and visitors participating. Over 280 companies, including 79 led by women, had participated in the exhibition. The event offered live
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Afghanistan’s Exports Down by 21%
Afghanistan’s exports dropped from USD 1 billion in Fiscal Year 1398 to USD 776 million in Fiscal Year 1399, according to figures from the Afghanistan Chamber of Commerce and Investment (ACCI). The figures indicate an over 21% drop caused by
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IMF Loan to Cover 46% Deficit in Afghan National Budget for Fiscal Year 1400
Afghanistan will receive over USD 225 million in payable loan from the International Monetary Fund (IMF) to cover 46% deficit in the national budget for fiscal year 1400. National debt has amounted to USD 1.5 billion, which is anticipated to
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U.S. $1.9 Trillion Stimulus Package Could Heat Up Economic Expansion
The new stimulus package worth 1.9 trillion U.S. dollars signed into law by U.S. President Joe Biden on Thursday could not only heat up economic expansion and inflation, but also reverse international capital flows, according to experts. U.S. real GDP
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Pakistan Allows Cotton Import From Afghanistan
Pakistan has allowed import of cotton from Afghanistan through Torkham border as the country is facing a lower domestic cotton production. According to sources from Pakistani, the country’s cotton harvest has declined considerably as farmers are switching over to other
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China’s Robust Transport Plan to Make Global Logistics More Efficient
China’s plans to expand and modernize its transport network will make global logistics and supply-chain systems more efficient and reliable, Pakistani political economist Shakeel Ramay has said. “China’s investment under the transportation network planning will definitely help boost the global
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54,000 Women Have Invested in Various Sectors in Afghanistan
The Afghan Ministry of Economy says that 54,000 women in the country have made small investments in various sectors till date. Commemorating the International Women’s Day, Economy Minister Karima Hamid Farabi said that 54,000 women are currently involved in small
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Afghanistan’s Opium Poppy Economy Presents a Complex Policy Problem
The Afghanistan Research and Evaluation Unit (AREU) launched a new working research paper: “Drugs and Development in Afghanistan, National Policy and Actor Analysis” at a virtual event today. The paper, co-authored by Dr Adam Pain, Mr Kaweh Kerami and Dr
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