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President Ghani terminates two chromite deals in Logar

President Ashraf Ghani scrapped two chromite extraction contracts during his surprise visit to Logar. The contracts were signed with two foreign mining companies involved in extraction of chromite in central Logar province. According to Pajhwok Afghan News (PAN), the reasons

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President Ghani encourages domestic industrial growth

President Ashraf Ghani introduced his much-awaited cabinet nominees to the Parliament on Tuesday and termed economic development, fighting corruption and promoting inclusivity as his cabinet’s priorities. He stressed upon encouraging domestic industrial growth and moving away from relying on donors’

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President Ghani demands UN to relinquish control of funds for Afghan police

Frustrated by the vast mismanagement and waste of funds, President Ashraf Ghani unexpectedly demanded the United Nations Development Program to relinquish control of aid that funds the salaries of Afghanistan’s police officers. The USD 5mn funds for the salaries of

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President Ghani asks Pakistan to invest in Afghanistan

President Ashraf Ghani has one again made pitch for Pakistan to invest in Afghanistan in an attempt to further strengthen ties between the two nations. Unlike his predecessor, the newly Afghan President is refraining from the blame game and is

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Afghan-Pak relations should be based on ‘mutual economic dependence’: President Ghani

President Ashraf Ghani ‘ two-day visit to Pakistan was aimed at rebuilding ties between the two neighboring nations and moving away from a ‘relationship of suspicion’ to a relationship based on ‘mutual economic dependence’. Addressing a gathering of businessmen from

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Afghanistan rolls out red carpet for Chinese investors

President Ashraf Ghani on his first day of official 4-day visit to China met with his Chinese counterpart Xi Jinping to confer on economic and political cooperation. The parties discussed expansion of bilateral cooperation in the spheres of security, economic,

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Afghan National Development Strategy must be on the basis of domestic resources: Legislators

A number of parliamentarians urged President Ghani’s administration to plan the Afghan National Development Strategy (ANDS) on the basis of the available domestic resources. This comes after Acting Ministry of Economy, Abdul Hadi Arghandiwal, announced that the implementation of ANDS

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