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Category Archives: Economic News

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Ghani Orders Release Of Ex-CEO Of Kabul Bank

14th August, 2019 · admin · 1 Comment

Tolo News: President Ashraf Ghani has ordered the release of Khalilullah Frozi, the ex-CEO of Kabul Bank, who is accused of having a key role in the collapse of the bank that once Afghanistan’s largest financial institution.    In 2015, President Ghani ordered that Mr. Frozi should serve out his full 10 years in prison and

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Posted in Corruption, Crime and Punishment, Economic News | Tags: Ashraf Ghani, Kabul Bank, Khalilullah Ferozi |
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Iran making good progress on Chabahar-Zahedan rail link: Minister

13th August, 2019 · admin

Press TV August 13, 2019 Iran’s minister of transportation says good progress has been made at construction activities for a strategic railway linking the port of Chabahar on the Sea of Oman to the city of Zahedan near the Iranian-Afghan border. Mohammad Eslami said on Saturday that at least 40 percent of the 580-kilometer railway,

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations | Tags: Chabahar |
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Boys With Brides: Afghanistan’s Untold Dilemma Of Underage Marriages

12th August, 2019 · admin · 3 Comments

By Ron Synovitz & Freshta Jalalzai Radio Free Europe/Radio Liberty August 12, 2019 KABUL — Mohammad Wali was just 12 years old when his widowed mother began arranging his marriage to a 24-year-old woman from their village in Ghazni Province. “I don’t want to be married,” the young Afghan boy is said to have pleaded

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Posted in Afghan Children, Economic News, Human Rights | Tags: Boy Grooms, child marriage |
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Bamyan tourist arrivals decline 30 percent: officials

11th August, 2019 · admin

1TV: Tourist arrivals in central Afghan province of Bamyan have declined 30 percent, local officials said. The decline is driven in large part by insecurity on Maidan Wardak-Bamyan and Ghorband Valley. Click here to read more (external link).

Posted in Economic News, Travel | Tags: Bamiyan, Tourism |
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Uzbekistan Focused on Developing Trade with Afghanistan

29th July, 2019 · admin

The Diplomat: Tashkent is set to become a dominant trade partner to Afghanistan as the two sides continue to negotiate on major projects. Uzbekistan has focused on fostering trade relations both globally and regionally. Tashkent has chased and negotiated various trade opportunities, and one country that stands out is Afghanistan. Click here to read more (external

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Posted in Central Asia, Economic News | Tags: Uzbekistan-Afghanistan Relations |
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Is Afghanistan helping Iran survive US sanctions with dollar smuggling?

22nd July, 2019 · admin

TRT World:  Aimal Hashoor, the spokesperson at the Central Bank of Afghanistan, confirmed to TRT World that they were aware that smuggling of the currency did take place on Iran’s borders, adding however, that they have little control over what goes on at the frontiers. Click here to read more (external link).

Posted in Economic News, Iran-Afghanistan Relations, US-Afghanistan Relations |
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World Bank: Peace Deal With Taliban to Help Improve Struggling Afghan Economy

21st July, 2019 · admin

Ayaz Gul VOA News July 21, 2019 ISLAMABAD – The World Bank estimated Sunday that Afghanistan’s economy grew by less than two percent (1.8 %) in 2018 primarily due to ongoing war, drought and political uncertainty, likely leading to further increases in poverty. In its latest assessment of the Afghan economy, the Bank noted that

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Posted in Economic News, Peace Talks, Taliban |
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Pakistan’s Airspace Opened For Afghan Flights

16th July, 2019 · admin

Ariana: Pakistan opened its airspace for all civilian traffic including Afghan flights after over four months of closure on Tuesday. The Ministry of Transport says that though alternative ways were used for the flights from Afghanistan to India, Afghanistan lost 27 million dollars due to the closure of Pakistan’s airspace. Click here to read more (external

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Posted in Economic News, Pakistan-Afghanistan Relations |
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Afghanistan’s Forests Are Turning a Profit for the Islamic State

15th July, 2019 · admin

FP: Wood smuggling is big business for the terrorist group. Small numbers of fighters for the Islamic State of Khorasan Province, the Afghan branch of the militant group, have been in Kunar since 2015. But the group’s new stronghold is in Kunar’s deep forests, inheriting a booming wood industry previously controlled by the Taliban that is now

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Posted in Economic News, Environmental News, ISIS/DAESH | Tags: Deforestation, ISIS/DAESH War on Muslims, Timber Smuggling |
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‘We’re in crisis’: The high price of deforestation in Afghanistan

4th July, 2019 · admin

Al Jazeera: Years of war and fighting have had a devastating effect on forests. Many were destroyed, and Afghan authorities caught up in fighting did not see the disappearing forests as a priority. Meanwhile, by 2013, at least half of Afghanistan’s forests had disappeared. Timber trade has become a profitable business. In the eastern provinces, local people and armed

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Posted in Economic News, Environmental News, Pakistan-Afghanistan Relations | Tags: Climate Change, Deforestation |
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