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Category Archives: Economic News

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IMF Approves $370 Million Loan Program To Help Bolster Afghanistan’s Struggling Economy

7th November, 2020 · admin

Radio Free Europe/Radio Liberty November 7, 2020 The board of the International Monetary Fund (IMF) has approved a $370 million loan facility to support the economy of Afghanistan, which is suffering from decades of war as well as the effects of the global coronavirus crisis. The IMF said on November 6 that the 42-month loan

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Posted in Economic News |
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Donors likely to pledge less aid for Afghanistan: Reuters

3rd November, 2020 · admin

1TV: International donors are likely to pledge less aid for Afghanistan when they meet in Geneva next month, Reuters reported on Tuesday. The donors are also likely to impose stricter conditions and commit funds for a shorter period at the conference on Afghanistan which takes place every four years. Click here to read more (external

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Posted in Economic News |
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On Afghan Highways, Even the Police Fear the Taliban’s Toll Collectors

3rd November, 2020 · admin

NYT: Since the United States signed a troop withdrawal agreement in February with the Taliban, the militants have established new checkpoints along major highways, seizing control of long stretches of roadways, extorting millions of dollars a month from truckers and travelers and even displacing the police’s own efforts to extort bribes. Click here to read

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Posted in Corruption, Economic News, Security, Society, US-Afghanistan Relations | Tags: Afghan Police |
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Afghan Probe Uncovers Scandal In D.C. Embassy Reconstruction

28th October, 2020 · admin

Radio Free Afghanistan October 28, 2020 A fact-finding team for the Afghan parliament has alleged that a construction project at the country’s embassy in Washington was rife with corruption. The parliamentary probe was launched after an exposé in the Afghan media in July reported that the total cost for a 70-meter wall around the Afghan Embassy in

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Posted in Corruption, Economic News | Tags: Ashraf Ghani Government, Roya Rahmani |
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How Afghanistan political crisis derailed payments to war victims

28th October, 2020 · admin · 5 Comments

INTL NYT: Under the compensation program, which remains heavily funded by international donors, the Afghan government pays roughly $1,300 for every civilian killed in action by Afghan, US or insurgent forces, and $650 per wounded. The payments had become one of the few forms of justice an Afghan family could hope for when caught in

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Posted in Civilian Injuries and Deaths, Economic News, Taliban, US-Afghanistan Relations |
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First train from Iran arrives in Afghanistan

28th October, 2020 · admin

1TV: An experimental train from Iran arrived in Afghanistan on Wednesday, Afghan officials in the border province of Herat said. The train arrived on Herat-Khaf railway as officials preparing to inaugurate the third phase of the 218 kilometers project next week. The third phase begins from Iran’s Sham Tegh and ends in Herat’s Rawzanak village.

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Posted in Economic News, Iran-Afghanistan Relations |
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US Reportedly Lost $19 Billion To Fraud, Abuse in Afghanistan

21st October, 2020 · admin · 3 Comments

Ayaz Gul VOA News October 20, 2020 ISLAMABAD – The United States has lost $19 billion in Afghanistan since 2002 due to “waste, fraud and abuse,” the Special Inspector General for Afghanistan Reconstruction (SIGAR) said in a new report released Tuesday. SIGAR monitors all U.S. spending in the 19-year war in Afghanistan, America’s longest. The

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Posted in Corruption, Economic News, US-Afghanistan Relations | Tags: Ashraf Ghani Government |
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Pakistani Authorities Seize 74 Smuggled Falcons

18th October, 2020 · admin

Tolo News: Pakistani authorities seized 74 smuggled falcons belonging to “endangered species” in raids at a posh residential area in the southern port city of Karachi, a customs official said on Saturday (October 17).  At a press conference, the customs collector Mohammad Saqif said the birds were smuggled from Afghanistan and were destined to be

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Posted in Arab-Afghan Relations, Crime and Punishment, Economic News, Environmental News, Pakistan-Afghanistan Relations | Tags: Afghan Falcon, Endangered Species, smuggling |
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Afghan Vice President Takes Charge Of Capital Amid Rise In Crime

17th October, 2020 · admin · 5 Comments

RFE/RL’s Radio Free Afghanistan October 17, 2020 KABUL — Afghan Vice President Amrullah Saleh has been put in charge of the security situation in the capital amid a rise in crime that has caused an outcry among residents. Saleh said on Facebook late on October 16 that he would take responsibility for security in the

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Posted in Crime and Punishment, Economic News, Security | Tags: Amrullah Saleh, Ashraf Ghani |
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Pandemic Deals Blow to Afghanistan’s Once-Thriving Agriculture Sector

10th October, 2020 · admin · 4 Comments

 Related Afghanistan: 10 New Cases of COVID-19 Reported

Posted in Economic News, Health News | Tags: Agriculture in Afghanistan, Coronavirus (COVID-19) in Afghanistan |
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