English | دری

China offers USD 327mn in aid to Afghanistan through 2017

in Afghan Business

China offers USD 327mn in aid to Afghanistan through 2017

china afgChina has pledged USD 327mn in aid to Afghan government following a meeting on Tuesday between China’s President Xi Jinping and his Afghan counterpart Ashraf Ghani.

The aid commitment, running through 2017, comes as US troops are withdrawing and Afghanistan is seeking to strengthen ties with China and other regional powers.

President Ghani took office after a lengthy elections impasse that ended with the formation of a unity government.

The Afghan government is currently facing a revenue shortfall that has sparked uncertainty accompanied by deterring investment and plummeting revenue collections.

Ghani is expected to take part in a ministerial meeting of the Heart of Asia-Istanbul process, where representatives from regional countries will discuss Afghanistan-related issues.



Related Articles

Afghanistan’s improved financial infrastructure benefits banks and clients

The Public Credit Registry system allows banks to view the credit history of credit applicants, obtain credit scores, and make

Transaction Advisory Services Agreement on TAPI to be signed soon

According to reports, the Transaction Advisory Services Agreement (TASA) on the Turkmenistan-Afghanistan-Pakistan-India gas pipeline is expected to be signed in

AfghanMade Carpet Design Competition winners announced at Domotex Hannover

Winners of the 2014 Carpet Design Awards (CDA) were announced on Sunday at the Domotex Hannover ceremony. From 11 to

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*