English | دری

Financial Cooperation Pact Signed Between Kabul and US Embassy

in Afghan Business

Financial Cooperation Pact Signed Between Kabul and US Embassy

A pact on financial assistance of worth USD 151m was signed between Afghanistan’s Ministry of Foreign Affairs and US embassy today in Kabul.

Deputy Foreign Minister for Political Affairs Javed Ludin appreciated America’s continued assistance and said, “America’s lifelong collaboration has saved Afghanistan from destruction.”

He further added that people of Afghanistan will always remain grateful for America’s assistance and is proud of it.

He emphasized that this agreement is part of the financial document that the Ministry of Foreign Affairs of Afghanistan and America had signed in March of this year.

Deputy U.S. Ambassador to Afghanistan James B. Cunningham said, “We are hopeful that the granted aid will be spent on the planned projects.”

This comes amid complaints and concerns expressed by economic experts over mismanagement of foreign aid to Afghanistan.

According to the economic experts, despite the influx of billions of aid into Afghanistan, no significant changes have been brought in the country.

The money will go towards development of treatment centers for drug addicts and strengthening of anti-drug legislation.

Mr. Cunningham strongly condemned the killing of Ahmed Khan Samangani, member of Afghanistan’s Wolesi Jirga.

Mr. Ludin also gave his condolences and said, “People of Afghanistan will fight against the enemies of our soil until their last drop of blood is shed.”



Related Articles

French Cultural Institute launches the project of “Kabul 2050-the new face of the capital”

The French Cultural Institute has launched a new project called “Kabul 2050- the new face of the capital”. The Head

Department of Economics Opened in Jowzjan, North of Afghanistan

A number of government and non-government officials is preventing the implementation of development projects in the Jowzjan province. Jowzjan Governor

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

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Your e-mail address will not be published.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*

Time limit is exhausted. Please reload the CAPTCHA.