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Category Archives: Economic News

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The extraordinary story of the only B Corp in Afghanistan

12th December, 2019 · admin

Quartz: Since its inception in 2003, Roshan has grown to become the biggest telecoms operator in Afghanistan, and the superlatives don’t stop there.  It is also the only B Corporation in Afghanistan.  The B Corp designation means the company has adopted globally recognized business standards that encompass a lot of what it does—the community it’s striving

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Posted in Economic News, Reconstruction and Development, Science and Technology | Tags: History Making Event |
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The war on drugs in Afghanistan ‘has just been a total failure,’ the US’s top watchdog there says

6th December, 2019 · admin

Insider:  The US-led war in Afghanistan turned 18 in October, and those two decades of fighting and rebuilding appear to have yielded little progress. The counternarcotics effort there, for example, “has just been a total failure,” John F. Sopko, special inspector general for Afghanistan reconstruction, said at the Wilson Center in Washington, DC, in November. Click

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Posted in Corruption, Drugs, Economic News, US-Afghanistan Relations |
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Afghanistan needs billions of dollars in aid even after peace deal: World Bank

5th December, 2019 · admin · 7 Comments

1TV: Despite 18 years of American and NATO military presence marked by funnelling of billions of dollars, Afghanistan’s economy remains highly dependent on foreign aid. The country’s public expenditure is $11 billion annually while revenues stand at $2.5 billion, according to officials cited by the New York Times. The difference of about 75 percent of expenses

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Posted in Economic News, US-Afghanistan Relations |
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New Law Grants Pension Right to Private Sector Employees

2nd December, 2019 · admin

Ariana:  The Ministry of Labor and Social Affairs, on Monday, announced that a new regulation of pension for the employees of private sector and non-governmental organizations has been approved by the Presidential Palace.  Labor condition in Afghanistan is said to be one of the poorest in the world. Apart from non employment, adverse working conditions

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Posted in Economic News | Tags: Employment in Afghanistan, Jobs in Afghanistan, Labor conditions in Afghanistan |
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“Mother of All Bombs” Caused Illness, Ruined Farmland: Residents

1st December, 2019 · admin

Tolo News:  Almost two and a half years after the United States dropped the “mother of all bombs” onto a Daesh hideout in eastern Afghanistan, locals say they have been afflicted by “many diseases” and agricultural lands are not yielding crops. TOLOnews reporter Abdulhaq Omeri interviewed residents of Mohmand Dara village, in the Achin district in

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Posted in Civilian Injuries and Deaths, Economic News, Health News, Human Rights, US-Afghanistan Relations | Tags: Farming, Nangarhar |
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Ghani Orders Termination of Gold, Copper Mining Contracts

1st December, 2019 · admin · 1 Comment

Tolo News: President Ashraf Ghani ordered the termination of two major mining contracts – for Balkhab copper deposit in Sar-e-Pul province and for a gold deposit in Badakshan — during a High Economic Council meeting last week. The order was confirmed by Abdul Qadir Mutfi, a spokesman for the Ministry of Mines and Petroleum. Finance Ministry spokesman

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Posted in Economic News | Tags: Ashraf Ghani, Mining, Natural Resources |
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Afghanistan woman breaks ground with Kabul recycling plant

25th November, 2019 · admin

LA Times:  After decades of conflict across Afghanistan, recycling is not at the top of most people’s agendas. But now, one Kabul woman is declaring war on the Afghan capital’s trash. Zuhal Atmar, 35, has set up a recycling plant where she processes 33 tons of garbage a week. She’s the first woman in Afghanistan

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Posted in Afghan Women, Economic News, Environmental News | Tags: Recycling in Afghanistan, Zahul Atmar |
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Afghanistan aims to build nuclear lab

18th November, 2019 · admin · 1 Comment

1TV: Afghan government has included a project to build a nuclear laboratory in the draft of 2020 national budget. The project is expected to cost 41 million afghanis and is among 11 large projects in the budget proposal. Afghanistan signed a memorandum of understanding with Iran for cooperation on nuclear energy as a delegation from Afghanistan Atomic

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Posted in Economic News, Science and Technology | Tags: Afghan Nuclear Energy |
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A Clean Break: Afghan Women Make Soap To Recover From Opium Addiction

7th November, 2019 · admin

AFP via Radio Free Europe/Radio Liberty:  Afghanistan has a drug problem from the abundant poppies that get made into opium. A group of Afghan women has found a way out of their addiction through a different crop.

Posted in Afghan Women, Drugs, Economic News, Health News | Tags: Drug Addiction |
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Over 400,000 Afghans Returned Home From Iran, Pakistan, Says Migration Organisation

1st November, 2019 · admin

Radio Free Europe/Radio Liberty October 31, 2019 A total of 403,338 people have returned to Afghanistan from neighboring Iran and Pakistan since the beginning of the year, the UN-affiliated International Organization for Migration (IOM) said in a report released on October 31. The report said that some 385,000 Afghans have been repatriated from Iran, with

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Posted in Economic News, Iran-Afghanistan Relations, Pakistan-Afghanistan Relations, Refugees and Migrants |
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