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Afghan Government Signs Agreements for Establishment of Two Factories
The Afghan Ministry of Agriculture, Irrigation and Livestock has signed contracts for the establishment of a pine nut processing company in Khost province and a raisin cleaning company in Kabul with two companies. Under the agreements, a raisin processing company
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Over 100,000 Afghans to Get Jobs in Gulf Countries
Under an initiative taken by the Afghan government, around 100,000 Afghans will find jobs in Saudi Arabia and around 10,000 Afghans in the United Arab Emirates. According to the Afghan Ministry of Labor and Social Affairs, the first flight of
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Afghan Economy to Rebound to 3% in 2021, Rising to 4% in 2022
Afghanistan’s economic growth is expected to recover this year and accelerate next year after a sharp decline in 2020 from the coronavirus disease (COVID-19) pandemic and continued violence and instability, said a new report by the Asian Development Bank (ADB).
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Afghan Government to Launch Water & Electricity Projects Across 21 Provinces
The Afghan government has announced the launch of dozens of water and electricity projects in 21 provinces at a cost of more than half a billion dollars in the coming months. “The Archi Canal in Takhar Province and Shahrwan Canal
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Afghanistan Receives Emergency Food Assistance from China
The assistance was handed over to Afghan State Minister for Disaster Management Ghulam Bahaudin Jailani by Chinese Ambassador to Afghanistan Wang Yu during a ceremony in Kabul on Sunday. Wang said China and Afghanistan are good neighbors, friends and partners
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PVC Pipe Production Plant Inaugurated in Kandahar
The Mahmud Pashtoon Pipe Production Plant, which has started operating in the Shurandam Industrial Park in Kandahar province with an investment of about $1 million, was officially inaugurated yesterday by Minister of Commerce and Industry Nisar Ahmad Ghoriani. The factory
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Afghan Carpet Exports Down 90% Due to Air-Corridor Closures
Exports of carpets have dropped by 90% in the recent month as transportation via air-corridors were halted after the government failed to pay the money owed to the private airline companies in time. According to the Afghan Chamber of Commerce
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Afghan Female Journalist Launches News Channel in Militancy-Plagued Jawzjan Province
Neda Sadeq Oghlo established the radio-television channel Ghazal in Shiberghan, the capital city of Jawzjan province, two years ago. Residents in northern Jawzjan province face security threats as Taliban and other militant groups are active. According to locals, Taliban militants
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Afghanistan Becomes One of Major Importers of Indian Sugar
Afghanistan and Indonesia account for 48% of sugar exports from India, according to figures from Indian Sugar Mills Association (ISMA). Indonesia, being the largest importer of Indian sugar, has imported about 11.5 lakh tonnes during the period of October-March. Afghanistan
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First Review of Afghanistan’s Economic Reform Program under Extended Credit Facility Successfully Completed
The IMF team has reached a staff-level agreement with the Afghan authorities on the completion of the first review under the Extended Credit Facility arrangement. An International Monetary Fund (IMF) team led by Azim Sadikov conducted virtual discussions with the
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Afghanistan Produces Over 260,000 Tons of Chicken Meat Annually
Afghanistan is close to reaching self-sufficiency in chicken meat production, with an annual chicken meat production of over 260,000 tons. According to figures from the Ministry of Agriculture, Irrigation and Livestock, 9,247 small and big chicken farms are currently operating
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Afghanistan’s Saffron Export to India Reaches $19 Million
Afghanistan’s saffron export to India has reached USD 19.08 million in 2020, indicating an 80% increase during the past five years. In 2019, Afghanistan exported USD 17.38mn worth of saffron to India. In an effort to further promote Afghan saffron
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New Power Supply Network will benefit 8,000 Samangan Citizens
Provincial officials as well as representatives from Da Afghanistan Breshna Sherkat (DABS) and the Afghan-German Cooperation inaugurated a power supply network in Samangan on Tuesday. The network is in the Kokjar area of Hazrat Sultan District. More than 8,000 people
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Afghanistan’s Economic Growth Predicted at 1% in 2021
Growth is expected to reach one percent in 2021 and top around three percent in 2022 as the COVID-19 crisis fades, according to the latest report by World Bank. Released today, Setting Course to Recovery shows that robust agricultural growth
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Afghan Post Launches Online Postal Service System
Afghanistan’s national mailing service company, Afghan Post, now offers online postal services for the government administration. Speaking at the inaugural ceremony, Afghan Post director Ahmad Wahid Wais said the service would initially come into effect by the Ministry of Foreign
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Afghanistan-Pakistan Transit Trade Agreement Extended for Three Months
Afghanistan and Pakistan on Thursday signed a protocol for three-month extension of Afghanistan–Pakistan Transit Trade Agreement 2010 (APTTA) to facilitate movement of goods between the two countries. The protocol was signed virtually , simultaneously at Kabul and Islamabad, between Pakistan’s
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World Bank Grants $25mn To Improve Education in Afghanistan
The World Bank has approved the allocation of an additional $25 million in financing from the Global Partnership for Education (GPE) to increase equitable access to primary and secondary education in Afghanistan, particularly for girls. The new grant for the
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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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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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