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Category Archives: Economic News

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New Pakistani Energy Proposal Could Keep Kyrgyz, Tajiks Warm In Winter — But At A Price

25th October, 2019 · admin · 1 Comment

By Bruce Pannier Radio Free Europe/Radio Liberty October 25, 2019 A new proposal by Pakistani officials could bring much needed energy to people in Kyrgyzstan and Tajikistan during the frigid winters in a long-planned project that will also see Central Asian energy go to Afghanistan and Pakistan. A chain of hydropower plants strung across Tajikistan

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Posted in Central Asia, Economic News, Pakistan-Afghanistan Relations | Tags: Electricity, Energy |
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Ghani’s Finance Minister Requests Big Loans from Foreign Donors

22nd October, 2019 · admin

Tolo News:  On the sideline of the World Bank’s annual meetings in Washington this week, Afghan Minister of Finance Humayoun Qayoumi reportedly asked for loans worth billions of dollars from several global financial institutions while promoting Afghanistan’s “Self-Reliance Accelerator Package,” sources have told TOLOnews. Lawmakers in Afghanistan’s parliament reacted to the move with dismay… Lawmakers said

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Posted in Corruption, Economic News | Tags: Ashraf Ghani Government, Corrupt Ghani, Mohammad Humayon Qayoumi, Ramazan Bashardost |
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China Spurns US Criticism of Economic Cooperation With Afghanistan

30th September, 2019 · admin

Ayaz Gul VOA News September 29, 2019 ISLAMABAD – A regional Chinese diplomat has rebuked the United States for being “ignorant” about his country’s ongoing key economic contributions and cooperation with Afghanistan. Arrangements are being worked out to enhance the cooperation with Kabul even under Beijing’s Belt and Road Initiative (BRI), Yao Jing, the Chinese

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Posted in China-Afghanistan Relations, Economic News, US-Afghanistan Relations |
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Officials: National Procurement Authority (NPA) “Heart of Corruption”

22nd September, 2019 · admin

Tolo News: Afghan president Ashraf Ghani on Sunday defended the performance and integrity of the National Procurement Authority (NPA) days after the US State Department announced that Washington was withdrawing about $100 million earmarked for an Afghan energy project, and would withhold another $60 million in planned assistance, because of corruption.  Secretary of State Michael Pompeo

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Posted in Corruption, Economic News | Tags: Ashraf Ghani, Corrupt Ghani |
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Top US diplomat accuses Afghanistan’s government of corruption

19th September, 2019 · admin

Press TV September 19, 2019 The administration of US President Donald Trump has accused Afghanistan’s government of corruption and financial mismanagement, and said it would cut more than $160 million in direct funding to the war-torn country. “We stand against those who exploit their positions of power and influence to deprive the Afghan people of

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Posted in Corruption, Economic News, US-Afghanistan Relations | Tags: Ashraf Ghani Government, Corrupt Ghani |
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UN Extends Afghan Mission After China Veto Threat

18th September, 2019 · admin

Radio Free Europe/Radio Liberty September 17, 2019 The UN Security Council has unanimously extended its assistance mission in Afghanistan after China withdrew its threat of a veto if the text did not mention Beijing’s Belt and Road infrastructure initiative. The 15 members of the council on September 17 extended the mission for one year with

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Posted in China-Afghanistan Relations, Economic News, UN-Afghanistan Relations |
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India’s Work Over Chabahar Is ‘Very Slow’: Iranian Envoy

11th September, 2019 · admin

Tolo News: Iranian Ambassador to India Ali Chegeni said that India’s development work had been “very slow”, and that trade to Afghanistan was “much lower” than it should be, India’s The Hindu reported. He also said that in view of the delay over India’s plans to build a railway line connecting Chabahar port to the Afghan

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations | Tags: Chabahar |
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Afghanistan Exports 20 Tons of Grapes to India via Chabahar

4th September, 2019 · admin

Ariana: For the first time, the Afghan Ministry of Commerce and Industries exported 20 tons of grapes to India’s markets through Iran’s Chabahar Port, officials said on Wednesday.  Afghanistan will soon begin exports of Kandahar pomegranate and Maidan Wardak apple via Chabahar to India’s markets. Afghan officials believe that the increase of business through Chabahar will pave

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations, Pakistan-Afghanistan Relations | Tags: Chabahar |
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Displaced And Desperate, Afghan Kids Search Trash For Food

29th August, 2019 · admin · 3 Comments

By RFE/RL’s Radio Free Afghanistan: At the Tagab settlement in Kabul, hundreds of families displaced by conflict and drought live in grinding poverty. The job of bringing home food often falls to the children, who are forced to sift through garbage dumps in search of scraps or anything of value to sell.

Posted in Afghan Children, Economic News, Everyday Life | Tags: Poverty |
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Afghanistan sees boom in meth production as seizures of illegal drug more than double

19th August, 2019 · admin · 4 Comments

The Telegraph (UK): Afghanistan is seeing a boom in methamphetamine drug production, potentially providing a new revenue stream for the Taliban in a country already notorious for opium and heroin. The United Nations said Afghan seizures of the powerful stimulant drug had increased exponentially in the past five years and then “gone off the scale” in 2019. Click

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Posted in Drugs, Economic News | Tags: Drug Addiction, Meth in Afghanistan |
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