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U.S. Treasury Issues General License to Facilitate Economic Activity in Afghanistan
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new General License (GL) to expand authorizations for commercial and financial transactions in Afghanistan, including with its governing institutions. The GL aims to ensure that U.S. sanctions do
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Taliban Working On A New Policy To Grow Afghanistan’s Economy
Taliban’s Ministry of Economy announced that it has developed a new policy and plan to grow the Afghan economy. Abdul Latif Nazari, Deputy Minister of Economy, told a news conference in Kabul that the Ministry of Economy had prepared a
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Banning Women From Work Reduces Afghanistan’s GDP By 5%
The US Special Inspector General for Afghanistan Reconstruction (SIGAR) wrote in its latest report that banning women from working in Afghanistan would reduce Afghanistan’s GDP by 5 percent and cost the Afghan economy $1 billion. The agency wrote on its
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United Nations Provides $2bn In Humanitarian And Banking Assistance To Afghanistan Over The Past Six Months
The United Nations says it has provided nearly $ 2 billion in humanitarian and banking assistance to Afghanistan over the past six months. Da Afghanistan Bank (Central said in a press release yesterday that the bank’s officials met with Deborah
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Construction of Sardeh Dam Started in Ghazni Province
The Afghan Ministry of Energy and Water announced that work had begun on the construction of the Sardeh Dam in Ghazni province. The construction of this dam was first started in 1967. The head of the ministry, Abdul Latif Mansour,
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The World Bank Approves Transfer of $600mn To Afghanistan
The World Bank has proposed that $600 million of Afghanistan’s frozen money be transferred to Afghanistan to address the economic and educational crisis. Reuters quotes informed sources as saying that the World Bank delegation is scheduled to review the proposal
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16th Package of $32mn In Cash Delivered to Kabul
Da Afghanistan Bank announced that a series of $ 32 million package of humanitarian aid to Afghanistan was delivered to Kabul today. The central bank said in a statement that this is the 16th package to arrive in Kabul since
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15th Package of $32mn Cash Aid Arrives in Kabul
Da Afghanistan Bank, Afghanistan’s central bank, announced that the 15th package of humanitarian aid arrived in Kabul on Wednesday. Da Afghanistan Bank wrote on its Twitter page that this is the 15th package to reach Kabul and be delivered to
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EU To Provide $11mn For Afghanistan’s Education Sector
The Ministry of Foreign Affairs of the Islamic Emirate of Afghanistan announced that the representatives of the European Union have committed to providing $ 11 million in aid for Afghanistan’s education sector. The meeting took place between EU representatives and
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USAID Resumes “Off-Budget” Activities in Afghanistan
The United States Agency for International Development (USAID) has announced that it has resumed some of its activities in Afghanistan, but has suspended all contacts with the former Afghan government. The US Special Inspector General for Afghanistan Reconstruction, or SIGAR,
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China Wants To Invest In Afghanistan’s Solar Power & Mining
The Chinese ambassador in Kabul met with the islamic Emirate’s Foreign Minister and announced that his country wants to invest in solar power and mining. Foreign Ministry spokesman Abdul Qahar Balkhi wrote on his Twitter page that Maulvi Amir Khan
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$32 Cash Aid Arrives in Kabul
Da Afghanistan Bank (Central Bank) announced that about 32 million US dollars arrived in the country on Monday and was handed over to the Afghanistan International Bank (AIB). Da Afghanistan Bank wrote on its official Twitter page that this was
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Increase In Exports and Imports Through Hairtan Port
The Department of Commerce and Industry of Balkh Province announced that recently the volume of exports and imports through the commercial port of Hairatan has increased. Shir Ahmad Sepahizadeh, the department’s commercial director, told Radio Azadi that after the political
Read MoreUN Sends $32mn Cash Aid to Afghanistan
Da Afghanistan Bank (DAB), Afghanistan’s central bank, announced that $ 32 million cash aid arrived in Kabul today as part of a series of humanitarian aid to Afghanistan. Da Afghanistan Bank said in a statement that the cash transfer had
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Pakistan Bans Imports From Afghanistan Through Attari-Wagah Port
The Pakistani government has announced that imports from Afghanistan through the port of Attari-Wagah have been suspended for the past four days due to a dispute over the signing of South Asian Free Trade Area (SAFTA) certificates. India used to
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Pakistan Eyes Tapping Afghanistan’s Multi Billion-Dollar Hajigak Iron Mine
The Pakistani government wants to conduct a large-scale study of the Hajigak iron ore mine in Afghanistan to look for investment opportunities. Federation of Pakistan Chambers of Commerce and Industry says Pakistan could benefit more from Haji Gak Iron Mine,
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Herat Businesswomen Worried About Lack of Business
A number of businesswomen in Herat have expressed concern about the lack of market for their business, saying that they have been forced to close their shops due to the downturn in the market for their products. Sedigheh Tamaski, a
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International Banks Allowed To Transfer Money to Afghanistan
The US Treasury Department has advised international banks to transfer money to Afghanistan without fear for humanitarian purposes. The department said yesterday that aid agencies were allowed to pay teachers and health care workers at Afghan government institutions without fear
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Afghanistan Signs Power Line Deal With Turkmenistan
Da Afghanistan Breshna Sherkat (DABS) has announced that it has signed a power line project deal with Turkmenistan following a four-day talks with representatives of Turkmenistan and Turkish Calik Energi company. Breshna Company today announced in a newsletter that Hafez
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ADB Approves $405million Cash Assistance for Afghanistan
The Asian Development Bank (ADB) has announced that it has approved a $ 405 million cash assistance package for Afghanistan. The Asian Development Bank (ADB) said in a press release yesterday that the new aid package will be distributed by
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Another Batch of $32million in Humanitarian Aid Arrives in Kabul
Da Afghanistan Bank, Afghanistan’s Central Bank, announced that another $32 million in humanitarian aid to Afghanistan reached Kabul. Da Afghanistan Bank said in its newsletter that today this amount of money was delivered to the International Bank of Afghanistan (AIB).
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Transfer Of Oil and Gas Through Iran To Afghanistan
Officials in the Islamic Republic of Iran say the government has issued a permit to transport gas and oil through its territory to Afghanistan. Hassan Kazemi Qomi, Iran’s special envoy for Afghanistan, wrote on his Twitter page that the license
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Afghanistan Receives $32mn in Humanitarian Aid
Da Afghanistan Bank (Central Bank) announced that $ 32 million in humanitarian aid had arrived in Kabul and was handed over to the International Bank of Afghanistan (AIB). Da Afghanistan Bank also said that, as the bank that oversees the
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Work on TAPI & Railway Extension Projects To Begin in March
The Ministry of Foreign Affairs of the Islamic Emirate announced that the work on the Tapi, Tap and Aqina and Turghandi railway projects will be inaugurated and will officially kick off in March of this year. Foreign Ministry Spokesman Abdul
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Production Capacity of Kajaki Dam To Increase to 150MW
Local officials say work on the Kajaki dam in Helmand province is in full swing, and the dam’s capacity will increase to 150 megawatts next March. At the meeting of the Economic Commission of the Islamic Emirate, it was decided
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