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Shahtoot Dam to Provide Drinking Water to Two Million People in Kabul

The Indian government will fund construction of the Shahtoot Dam in Kabul to provide drinking water facility in the Afghan capital. An agreement to that effect was signed between India’s external affairs minister S Jaishankar and his Afghan counterpart Mohammad

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Afghan Government Collects Over 4 Billion AFN in Revenue from 10% Telecom Tax

The Afghanistan Telecommunication Regulatory Authority (ATRA) has collected 4.6 billion Afghani from the 10% tax on telecom services this year. This year’s revenue figure is 300 million Afghanis more compared to the previous year, according to ATRA head Umar Mansour

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Afghanistan Ships 50 Tonnes of Dried Fruits to Canada via Land

Afghanistan sends off 50 tonnes of dried fruits worth more than $500,000 from Kabul to Canada through land for the first time. With an estimated delivery of 40 days, the shipment will first reach Turkey from Uzbekistan and then depart

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Ngozi Okonjo-Iweala Becomes the First Black Woman to Lead WTO

Ngozi Okonjo-Iweala is appointed to lead the World Trade Organization, making her the first women and the first African to occupy the position. “Dr. Okonjo-Iweala brings a wealth of knowledge in economics and international diplomacy from her 25 years with

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Afghanistan Receives Its First Batch of New Banknotes from Poland

The Polish Embassy in India announced that it had handed over the first batch of new banknotes to the Afghan government last week. In a statement, the Polich Embassy said that the banknotes are produced with new technology and anti-pollution

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Smart Traffic Lights to be Installed in Kabul

Kabul Municipality says that in order to solve the challenge of the capital’s traffic congestion, smart traffic lights will soon be installed at the city’s busy crossroads. The  municipality had announced last year that it had rolled out the plan to

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First Rice Processing & Packaging Factory Opens in Laghman

The Afghan Ministry of Commerce and Industry announced the opening of the first rice processing and packaging factory in Laghman province. The factory has the capacity to process and package 75 tonnes of rice in 24 hours. According to the

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Afghanistan, Pakistan, Uzbekistan Approve Roadmap for Key Railway Line

Afghanistan, Pakistan and Uzbeksitan have approved a roadmap for the Mazar-e-Sharif-Kabul-Peshawar railway line on Tuesday in Tashkent, Uzbekistan. The Afghan delegation in the landmark event for signing of the roadmap was led by Foreign Minister Haneef Atmar. In his tweet

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Afghan Gov’t Allocates About $900mn for Code 22

The Afghan government has allocated a budget of USD 893mn for Code 22, which is used for the purchase of furniture and food, travel expenses and maintenance of buildings, vehicles and equipment of government offices. This year’s budget has not

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Global Cooperation Needed for Swift Worldwide Vaccine Rollout

Decisive government actions are necessary to ensure swift and extensive vaccine rollout, protect the most vulnerable households and otherwise viable firms, and foster a durable and inclusive recovery, the International Monetary Fund (IMF) said Thursday. “The COVID-19 pandemic is accelerating

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Afghanistan Generates 4.2 Billion AFN in Revenue from 95 Mining Contracts

Afghan Minister Mohammad Haroon Chakhansuri said the Afghan government generated 4.2 billion Afghanis in revenue from 95 mining contracts. He also announced that the Afghan government has signed and processed 37 small-scale mining licenses this year. These licenses include mining

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Afghanistan Achieves Self-Sufficiency in Production of 56 Types of Goods

The Ministry of Industry and Commerce has announced that the level of domestic production has increased in the country this solar year, despite the restrictions caused by COVID-19. Afghanistan is now able to produce 56 out of 100 essential consumer

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China Remains World’s Largest Trading Nation Despite COVID Challenges

China’s foreign trade accounted for 12.8 percent of the world’s total during the first 10 months of 2020, rising from 11.9 percent in 2015 and hitting a historic high, said Ni Yuefeng, head of the General Administration of Customs (GAC).

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Analysis of Issuing Multiple Tax Identification Numbers (TIN) in Afghanistan

Tax Identification Numbers have different names in different countries around the world (for example, in the UK, it is known as Unique Taxpayer Reference (UTR). However, it is considered international best practice that a tax resident in any country should

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South Korea Eyes Investment Opportunities in Afghanistan

In a meeting with Afghan Vice President Amrullah Saleh, South Korean Ambassador to Kabul Choi Taeho expressed his country’s interest in investing in Afghanistan. The two parties met in Kabul to discuss and exchange views about the peace process and

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Mass Vaccination Underway Around the World: Is there Light At The End Of The Tunnel?

Global COVID-19 deaths just surpassed 2 million on Friday, with over 93.4 million cases recorded worldwide, according to Johns Hopkins University. Scores of countries have started to conduct mass vaccination, however, the pandemic situations around the world are still challenging

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New Cold Storages in Laghman Boost Onion Cultivation by 10%

The Afghan government has built 190 cold storages for onion in eastern Laghman province as part of the Agricultural Products’ Management project. Built at a cost of 72 million Afghanis, the new cold storages can store thousands of metric tons

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Herat Exports $16 Million Worth of Cumin Worldwide

Herat exported 9,857 tonnes of green cumin and 94 tonnes of black cumin to various countries this year, according to Afghanistan Chamber of Commerce and Investment. Compared to last year’s 2,540 tonnes of green cumin and 20 tonnes of black

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Economic Cooperation around Afghanistan; Cooperation or Competition between Stakeholders

This research paper is authored by Sayed Mahdi Munadi. To download the full paper click here. AbstractTwo important corridors from Central and South Asia, Belt and Road Initiatives (BRI) and China-Pakistan Economic Corridor (CPEC) pass from two sides of Afghanistan’s

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Jalalabad Airport Operates Its First Civilian Flight After 18 Years

Jalalabad aiport had its first civilian flight from Kabul on Thursday, said Nangarhar aviation officials. This was a test flight that successfully landed and marked the province’s first civilian flight after foreign troops handed over the facility to Afghan authorities.

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China’s Economic Growth Projected at 7.9% in 2021

The International Monetary Fund (IMF) projected China’s economic growth in 2021 at 7.9% after concluding the annual Article IV review of the Chinese economy. “The Chinese economy continues its fast recovery from the pandemic, helped by a strong containment effort

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Afghan Women Business Owners to Receive Lands in Kabul

Afghan government will distribute lands to Afghan women business owners, according to Afghan Women Chamber of Commerce and Industries (AWCCI). In a meeting between AWCCI Chief Manizha Wafeq and President Mohammad Ashraf Ghani, President Ghani said women business owners will

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Pine Nut Processing Factory to Open in Paktia Province

A pine nut processing factory, costing USD 7 million, is soon going to be established in the eastern Paktia province. According to Tolo News, a local investor is investing in the factory to help boost export of pine nuts and

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World Insights: Expectations for 2021 oil prices swing between hope on vaccines, concern over 2nd wave

By Mahmoud Fouly, Yan Jing Expectations for crude oil prices in 2021 swing between hope for effective vaccines against COVID-19 and concern over uncertain oil demand with a second wave of rising infections. U.S. oil prices saw an unprecedented decline

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Pakistan Procures COVID-19 Vaccine from China

Pakistan has decided to procure vaccine from China’s state-owned company Sinopharm because of its effectiveness and safety to fight against the COVID-19 virus, the country’s federal minister for science and technology said. The availability of the vaccine and its cost

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