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Foreign troop withdrawal, fear about impact of Afghan economy
President Obama’s announcement of troop withdrawal in 2014 has given rise to grave concerns about the future of the Afghan economy. Afghan and American officials fear that the pull back of American and other foreign forces will send the already
Read MoreAlternative to Poppy Cultivation—Afghan Farmers’ Viewpoint
Agricultural specialists, farmers, representatives from development councils and the Department of Agriculture conducted a meeting yesterday to investigate the challenges and options for alternative crops to poppy growth. Farmers complained about the poor quality of seeds and fertilizers, lack of
Read MoreJoint Chamber Established between Afghanistan and Pakistan
The Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) has opened in Karachi on the 13 March in a move to resolve transit issues between the countries and attract investors. This step has been agreed in the Afghanistan Pakistan Transit
Read MoreUnemployment Increasing among Educated Youths of Bamiyan Province
A high number of educated young people in Bamiyan are unemployed. They have complained that in spite of investing enormous amounts of money in continuing their education and obtaining qualifications, they are still jobless due to lack of job opportunities
Read MoreEtisalat Granted Afghanistan's First 3G Licence
Private telecom company Etisalat Afghanistan will launch Afghanistan’s first 3G network after signing an agreement with the Afghan government on Monday. Afghanistan’s Minister of Communications and Information Technology, Amirzai Sangin, said Etisalat was the first company to receive a 3G
Read MoreEtisalat Granted Afghanistan’s First 3G Licence
Private telecom company Etisalat Afghanistan will launch Afghanistan’s first 3G network after signing an agreement with the Afghan government on Monday. Afghanistan’s Minister of Communications and Information Technology, Amirzai Sangin, said Etisalat was the first company to receive a 3G
Read MoreDepartment 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 Mohammad Alam Saai on the occasion of the inauguration of the Economics Department in Jowzjan said that there are some
Read MoreOwner of Gulbahar Sentenced for Corruption
The business owner of Gulbahar Center and Towers, Gulbahar Habibi, and two of his associates were sentenced to six years in prison, while the head of a group of forgers was sentenced to 18 years, head of the Anti Corruption
Read MoreGold, fuel up, sugar down in Kabul
Prices of gold, gas and petrol have increased and sugar declined during the outgoing week in Kabul, where rates of other daily essentials remained stable, retailers said on Thursday. Abdul Baseer, a jeweler in the Lecce-i-Maryam neighbourhood, told Pajhwok Afghan
Read MoreAfghanistan’s Assembly Rejected 1391 Budget Plan
Afghanistan’s House of Representatives has declined the budget for fiscal year 1391 due to “imbalances” in the budget. The budget has disregarded allocations for the development of different provinces of Afghanistan, according to the members of the House. Moreover, adequate
Read MoreAfghanistan's Assembly Rejected 1391 Budget Plan
Afghanistan’s House of Representatives has declined the budget for fiscal year 1391 due to “imbalances” in the budget. The budget has disregarded allocations for the development of different provinces of Afghanistan, according to the members of the House. Moreover, adequate
Read MoreAf-Pak Chamber of Commerce Opens in Karachi
The joint Afghanistan-Pakistan Chamber of Commerce has opened in Pakistan in a move to resolve transit issues between the countries and attract investors, the Afghan Chamber of Commerce deputy chief Khan Jan Alokozai said Sunday. The establishment of the joint
Read MoreIranian company wins bid to establish Herat cement plant
An Iranian company was recognized as the winner of a bid to establish a cement factory in the western Herat province, an official said. “The Peshgaman Company of the Islamic Republic of Iran has won the bid to establish the
Read MoreFinance ministry to bring changes to budget
The finance ministry on Sunday promised bringing changes to the annual budget, hours after its rejection by an overwhelming majority of Wolesi Jirga, lower house, members. The national assembly refused to endorse the proposed accounts due to uneven allocations to
Read MoreAfghan Central Bank: Deposits safe in closed Iranian bank
Officials in the Afghan Central Bank (Da Afghanistan Bank) on Tuesday announced that the public deposits in the Kabul branch of the Iranian Aryan Bank is secure despite the license of the named bank was cancelled by the Iranian government.
Read MoreFruit garden projects in pipeline in Samangan
The Ministry of Agriculture, Irrigation and Livestock plans to create hundreds of new fruit gardens in northern Samangan province, to help enhance economic conditions of the people, officials said on Saturday. The cash-crop gardens would be established over 250 acres
Read MoreUSD 111 million Aid to Afghanistan from Japan
Japan has agreed to provide an aid of worth USD 111 million to Afghanistan for the purpose of various development and construction projects. The agreement was signed today between Afghanistan’s Deputy Foreign Minister, Jawid Ludin, and Reichiro Takahashi, Japan’s Ambassador
Read MoreExpansion and intensification of Afghan German Development Cooperation
Today, the Minister of Finance of the Islamic Republic of Afghanistan, Dr. Hazrat Omar Zakhilwal (MoF), and Dirk Niebel, Federal Minister for Economic Cooperation and Development (BMZ) of the Federal Republic of Germany, officially signed the summary record of the
Read MoreThe Minister of Mines announces Oil Tender at the APPEX Conference
Afghanistan is seeking bidders for oil exploration and production in the Afghan-Tajik Basin of northern Afghanistan. H.E. Minister Wahidullah Shahrani, Minister of Mines of the Islamic Republic of Afghanistan, announced today at the APPEX Conference in London that Afghanistan is
Read MoreSaffron Suits Helmand’s Climate
Trials over the past year to grow saffron in Helmand province have proved successful with the province’s climate suiting the plant well, the provincial director of the Department of Agriculture, Obaidullah Ahmadzai, said. The scheme also included some training for
Read MoreSaffron Suits Helmand's Climate
Trials over the past year to grow saffron in Helmand province have proved successful with the province’s climate suiting the plant well, the provincial director of the Department of Agriculture, Obaidullah Ahmadzai, said. The scheme also included some training for
Read MoreFirst Afghan Russia Joint Economic Commission (JEC) Meeting
The first meeting of Afghan-Russia Joint Economic Commission was held on 1st -2nd March 2012 in Moscow, capital of Russia. The Afghan delegation was led by Dr. Hazrat Omar Zakhilwal, Minister of Finance and the Russian delegation was headed by Mr. Sergey Shmatko, Minister
Read MoreHow Afghanistan Can Escape the Resource Curse
Until just a few weeks ago, serious talk about an Afghan economy based on natural resources seemed premature. But as Kabul inks more mining deals with international investors — it awarded two major tenders at the end of 2011 —
Read MoreEUCCA Inauguration in Afghanistan
The European Chamber of Commerce was inaugurated in Afghanistan at Kabul Serena. The ceremony was attended by H.E. Omar Zakhilwal, Minister of Finance, H.E. Anwar-ul-Haq Ahadi and EU Special Representative, Vygaudas Usackas. The Chamber would work with the Afghan
Read MoreInvestment in the Poultry Sector in Nangarhar
The Inter Ministerial Committee, the managing body of the Comprehensive Agriculture and Rural Development – Facility (CARD-F) in their first official trip to Jalalabad Province has participated in the signing of the contract for the Economic Development Package (EDP) designed
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