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Balkh University Designated as Financially Autonomous

The Ministry of Higher Education (MoHE) designated Balkh University as financially autonomous for the first time in the history of the university.   Balkh University is now authorized to benefit from the financial autonomy bylaw that allows designated public universities to

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Afghan, India Trade Volume Up By 43%

The trade volume between Afghanistan and India has reached over one billion dollars, showing a 43% increase. This was stated during the third working group meeting on the development of trade and investment between representatives from both the countries on

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WB Provides $403mn To Support Education & Rural Women in Afghanistan

Afghanistan and the World Bank today signed new grant agreements worth $403 million to finance improvements in primary, secondary and higher education as well as advancing the economic and social standing of rural women.  “Investing in women empowerment and education

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Terrorist Financing Targeting Center & US Treasury Sanction Taliban & Their Supporters

The seven member nations of the Terrorist Financing Targeting Center (TFTC) have taken significant actions to expose and disrupt Taliban actors and their Iranian sponsors that seek to undermine the security of the Afghan Government.   The TFTC Member States designated

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Kabul Citizens Vote to Strengthen Democracy and Reform, Despite Lacking Trust in the Process: AREU Research Finds

In a study conducted through interviews and focus group discussions (FGDs), the Afghanistan Research and Evaluation Unit (AREU) found that many Kabul citizens plan to take part in the upcoming elections despite their general distrust of the electoral process and

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Kabul and Balkh Universities Offer a New Bachelor of Communications Degree

Kabul and Balkh Universities introduced Bachelor of Communications Degree programs in their faculties of Journalism and Communications.  Both universities worked jointly to develop the program. The U.S. Agency for International Development (USAID) funded the degree program through the University Support

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USAID Launches Anti-Harassment E-Learning Resource

The U.S. government’s Promote: Women in Government (WIG) project, funded by the U.S. Agency for International Development (USAID), launched the “Professionalism in the Workplace” e-Learning video. The video will serve as a standard training tool for government workers who are

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Afghanistan’s Prosperity Rests On Investing In Its People

Article was originally published on the World Bank Blog. Author: Shubham Chaudhuri Today, the World Bank Group released the first Human Capital Index (HCI), a new global indicator to measure the extent to which human capital in each country measures

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NPC Approves Kabul-Road Project

Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) approved 21 new contracts, including the construction of 7 kilometers road from Kabul to Logar province. The Commission approved 21 new contracts having a total value of around 4.9

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Measures Taken to Curb Smuggling of Dollar at Afghan Borders

Da Afghanistan Bank (DAB), Afghanistan’s central bank, said strict measures have been taken to tackle smuggling of US dollar to neighboring countries. This comes as one US dollar was recently exchange at a rate of 76 AFN at Sarai Shahzada—Afghanistan’s

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IMF Appoints A Woman As Its Chief Economist For The First Time

Gita Gopinath becomes the first woman to serve as chief economist at the International Monetary Fund (IMF).  “Gita is one of the world’s outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience”,

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Afghanistan To Receive $6.1mn from IMF Upon Completion of Review by ECF

An International Monetary Fund (IMF) team led by Christoph Duenwald visited Tashkent during September 25–October 2, 2018 to conduct discussions on the fourth review of Afghanistan’s economic program supported by a three-year IMF Extended Credit Facility (ECF) arrangement. The agreement

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Afghan Businesses Suffer $1mn In Losses Due to Customs Duty Hike

Afghan businessmen have suffered USD 1 million in losses due to a recent rise in customs duty by the Afghan government, the Afghan Chamber of Commerce and Industries (ACCI) reported on Wednesday. Addressing a press conference, ACCI deputy head Khan

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US’s SHAHAR Project Supports 30 Municipalities in Afghanistan

The U.S. Ambassador to Afghanistan, John R. Bass, has announced support to an additional 10 municipalities in Afghanistan. This brings the total support by the U.S. government to 30 under its Strong Hubs for Afghan Hope and Resilience (SHAHAR) project. 

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Khan Steel Mill’s 2nd Phase to Be Completed In 3 Months

The construction of the 2nd phase of Khan Steel  Mill has kicked off with a total investment of USD 20 million.  One of Afghanistan’s newest industrial companies, Khan Steel Mill was founded in 2015 for the development of the steel

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German Government to Continue Development Cooperation with Afghanistan

The government negotiations on development cooperation between the Islamic Republic of Afghanistan and the Federal Republic of Germany for 2018 ended successfully and the German Ministry for Economic Cooperation and Development (BMZ) committed to invest about AFN 20 billion (EUR

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Afghanistan’s Growth Projected Down to 2.2% from 2.5%

In the recent report of the Asian Development Bank (ADB), Afghanistan’s economic growth for 2018 is revised downward amid the challenging security and political situations and the severe drought that hit the country in the first half of the year.

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300 Afghan Women Graduate From Civil Service Internship Program

The U.S. Government’s Women in Government (WIG) and Women’s Leadership Development (WLD) projects, funded by the U.S. Agency for International Development (USAID), jointly hosted a graduation ceremony to celebrate the completion of a one-year civil service internship program by 300

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USAID Provides About $44mn To Support Drought Affected People in Afghanistan

The United States Agency for International Development (USAID) contributed approximately $44 million to the UN World Food Programme (WFP) to support the provision of critical food assistance to people affected by drought in Afghanistan. Afghanistan is currently facing the worst

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Afghanistan’s Exports Rise By 32%

Afghan Ministry of Commerce and Industries have reported a 32% increase in the country’s exports. Addressing a press conference, Acting Minister Ajmal Hamid Abdul Rahimzai said Afghanistan’s economic growth and development are the main goals of the National Unity Government

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NGO Jobs Up By 7% in Afghanistan

Employment in the non-governmental organizations (NGOs) have increased by 7%, according to an annual report published by the Afghan Ministry of Economy. Addressing a media conference at the Government Media and Information Center, Minister Dr. Mustafa Mastoor said the purpose

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Afghanistan Signs Deals Worth Over $115 Million On Carpets Only At Trade Show In India

Afghanistan about 400 memorandums of understanding (MoU) and five contracts during the 2nd annual India-Afghanistan International Trade and Investment Show in Mumbai.  “About 400 MoUs in the last two days! Over $115 million in carpet deals,” said Loren Stoddard, head

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Why is Afghani Currency Falling?

The selling rate of US dollar is lingering between 76 and 77.30 in the past few days in Sarai-Shahzada money exchange market, the largest financial market in Afghanistan. Da Afghanistan Bank (DAB), Afghanistan’s central bank, blames the fall of the

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Former Afghan Woman Refugee Wins New Hampshire State Legislature Primary

Safiya Wazir, a 27-year-old former Afghan refugee, won the New Hampshire state democratic primary on Tuesday night. She beat out four-term New Hampshire state Representative Dick Patten and is on her way to become the fist refugee to ever serve

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China-Pakistan Economic Corridor to Be Extended to Afghanistan

China and Pakistan have decided to extend the China-Pakistan Economic Corridor towards Afghanistan. The decision was made during China’s Foreign Minister Wang Yi’s recent visit to Islamabad where he met with Pakistan’s new government to discuss bilateral cooperation. “The two

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