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Afghanistan suffers USD 9bn in losses due to conflict and insurgency

According to a new research report by the Equality for Peace and Democracy (EPD) organization, Afghanistan has suffered USD 24mn in losses daily due to conflict and insurgency in 2014. The total amount of loss that Afghanistan suffered during the

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Afghanistan’s economic growth rate weakens sharply in 2013

The World Bank in its twice-yearly Global Economic Prospects has estimated a rate of 3.1% for Afghanistan economic growth in 2013. The figure indicates a sharp decline from 14.4% rate in 2012. “Afghanistan’s GDP growth is projected at 3.5 percent

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Wolesi Jirga rejects 2014 Budget

The draft budget for 2014 assembled by the Ministry of Finance (MoF) was rejected with a majority of votes by the Lower House of Parliament, Wolesi Jirga. The MoF is required to reassess the draft and incorporate the changes the

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2032-Yet another deadline for Afghanistan

The International Monetary Fund (IMF) in its recent report has warned of cash crunch ahead of the Afghan government. In its assessment, the IMF has estimated Afghanistan’s current account deficit at 45% of gross domestic product and has postponed the

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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

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Afghanistan to Become Main Transit Route for Central Asia

Afghanistan is making efforts to become one of the main transit routes for Central Asian countries, Afghan Ministry of Commerce and Industries says. Afghan Minister of Commerce and Industries, Anwar-ul-Haq Ahadi during an interview with Turkmenistan’s national television said that

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