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Category Archives: Economic News

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Afghanistan seeks membership of International Maritime Organization

23rd June, 2019 · admin

1TV: Afghanistan is seeking membership of International Maritime Organization to use its own ships for trade with India via Iran’s Chabahar port, authorities said on Sunday. Mahdi Rouhani, a spokesman for Afghanistan Transport Ministry, said that a request has been sent to IMO to secure membership of the organization. He said that talks are underway on

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Posted in Economic News, Iran-Afghanistan Relations | Tags: Chabahar |
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The brave merchants of Wakhan, the ‘other’ Afghanistan

19th June, 2019 · admin

Al Jazeera:  The Wakhan Corridor, a mountainous region situated in the far northeast of Afghanistan, is bordered by the Hindu Kush mountains and peaks, some reaching 5,000 metres. Isolated from the rest of Afghanistan, the region was spared by the war that raged through the country for years. But many of the territory’s residents continue to

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Posted in Economic News, Everyday Life | Tags: Wakhan |
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Central Bank Confirms Money Smuggling To Iran

19th June, 2019 · admin

Tolo News: The outgoing governor of the Central Bank, Khalil Sediq, says that tens of thousands of dollars are smuggled from Afghanistan to Iran on a daily basis through the air and ground routes. Sediq said that big groups from inside and outside Afghanistan are involved in money laundering in the country through different channels.  Critics said

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Posted in Economic News, Iran-Afghanistan Relations | Tags: Khalil Sediq |
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185,000 Afghans leave Iran in first five months of 2019

3rd June, 2019 · admin

1TV: A total of 185,000 Afghan refugees returned from Iran in the first five months of 2019, officials said Monday. Of the number, 100,000 were forced to leave the country while another 85,000 voluntarily returned, Afghanistan Ministry of Refugees and Repatriation said. Demand for Afghan labor in Iran has drastically fallen as its economy has slowed

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Posted in Economic News, Iran-Afghanistan Relations, Refugees and Migrants |
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‘Two Out Of Five Children’ Are Not In School In Afghanistan

29th May, 2019 · admin

Tolo News: Save the Children’s annual Global Childhood Report released on Tuesday shows that two out of five children are not in school in Afghanistan.  The report says that Afghanistan is ranked 157th among 176 countries on children’s access to health care, education, nutrition and protection – as well as child labour, child marriage, displacement due

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Posted in Afghan Children, Economic News, Education |
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Why is Afghanistan unable to extract its vast mineral wealth?

28th May, 2019 · admin

Al Jazeera: Rich in copper, lithium, talc, marble, gold, uranium and others, Afghanistan’s vast mineral wealth is estimated to exceed one trillion dollars. But according to data, every year the government loses around $300m in revenue from mining. Poor security, the lack of proper legal framework and organisational capacity, as well as corruption, have prevented the development of the sector.  Deficient

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Posted in Corruption, Economic News, Security | Tags: Natural Resources, rare minerals |
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Zarif says ready to connect Pakistan’s Gwadar to Iran’s Chabahar

24th May, 2019 · admin

Press TV May 24, 2019 Iranian Foreign Minister Mohammad Javad Zarif says he is putting forward a “proposal” during his ongoing trip to Islamabad for connecting Pakistan’s Gwadar port to its “complementary” port Chabahar in southeastern Iran. “We believe that Chabahar and Gwadar can complement each other,” Zarif said upon arrival in the Pakistani capital

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Posted in Economic News, Iran-Afghanistan Relations, Pakistan-Afghanistan Relations | Tags: Chabahar |
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Opinion divided as war-scarred Kabul palace restored

21st May, 2019 · admin

Al Jazeera: Upon completion, the building will host a museum containing artefacts from the Presidential Palace’s archive, which goes back to the time of Amanullah’s father, King Habibullah, and a fully-landscaped park.  But not everyone is in favour of the restoration project.  Some say the cost of what will be lost will be too great compared

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Posted in Economic News, History, Reconstruction and Development | Tags: Darulaman Palace |
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2.5 Million Afghans Remain Unemployed: Ministry

8th May, 2019 · admin

Tolo News:  Findings by the Ministry of Labor, Social Affairs, Martyrs and Disabled show that at least 2.5 million Afghans are unemployed and the occupational safety in government and non-government institutions remains fragile.  Last December, ILO (International Labor Organization) said in a report that Afghanistan has the highest number of unemployed workforce in the world. Click

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Posted in Economic News | Tags: unemployment |
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Afghan government tackles displacement as millions face eviction

6th May, 2019 · admin

Al Jazeera: Conflict has displaced millions of Afghans, many of whom have lived in squalid camps for decades, and face the threat of eviction. But the government has embarked on an ambitious project across several provinces which aims to properly house and register them. Al Jazeera’s Charlotte Bellis reports from Jalalabad.

Posted in Economic News, Refugees and Migrants, Security | Tags: Displaced |
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