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Category Archives: Economic News

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Bamiyan Tourism Takes A Knock Due To Security Threats On Roads

28th June, 2017 · admin

Tolo News: Bamiyan, which is known as the safe haven of the country, has been hard hit by the recent spike in insecurity in neighboring provinces, as key highways leading to its center are no longer secure. This has affected both domestic and foreign tourism in the province, officials said. Click here to read more (external

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Posted in Economic News, Security, Travel | Tags: Bamiyan, Tourism |
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Afghanistan Removed From International Banking Gray List

24th June, 2017 · admin

Tolo News: The Central Bank of Afghanistan said Saturday that after five years Afghanistan has finally been removed from the gray list, of countries with questionable banking systems, by the Financial Action Task Force(FATF). Officials at the Central Bank said Afghanistan has fulfilled all FATA conditions in order for it to be removed from the list.

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Posted in Economic News | Tags: Banking |
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India and Afghanistan Open Air Freight Corridor to Bypass Pakistan

21st June, 2017 · admin

Anjana Pasricha VOA News June 21, 2017 NEW DELHI — Although Afghan businesses have long wanted to exploit the potential of India’s huge market, trade between the two countries has been hampered due to their tense relations with Pakistan. But a plane loaded in Kabul with 60 tons of medicinal plants landed in New Delhi this

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations, Pakistan-Afghanistan Relations | Tags: Chabahar |
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U.S. Indicts Owner Of Afghan Mining Company For Defrauding Government

17th June, 2017 · admin

Radio Free Europe/Radio Liberty June 17, 2017 The owner of a now-defunct mining company in Afghanistan has been indicted on charges of defrauding the U.S. government and defaulting on a loan of nearly $16 million. U.S. prosecutors said on June 16 that Azam Doost, 39, was arrested on June 13 at the Dallas/Fort Worth International

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Posted in Crime and Punishment, Economic News, US-Afghanistan Relations |
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World Bank Gives Afghanistan $520 Million To Help Refugees, Boost Economy

14th June, 2017 · admin

Radio Free Europe/Radio Liberty June 14, 2017 The World Bank has approved a $520 million package of funding for projects to boost Afghanistan’s economy, build critical infrastructure, and support Afghan refugees sent back from Pakistan. The bank said on June 13 the six cash grants, including donor money from Denmark, Germany, and Japan, will help

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Posted in Economic News, Refugees and Migrants |
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Tajikistan ups power exports to Afghanistan

9th June, 2017 · admin

Azernews: Tajikistan is exporting electricity to Afghanistan on average 7 million kWh daily, Avesta reported with reference to the energy department of the republic. The volume of electricity supplies to Afghanistan has more than doubled compared to early April 2017, when the figure was 2.6 million kWh per day. The ministry noted that neighboring Afghanistan remains

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Posted in Central Asia, Economic News | Tags: Electricity, Tajikistan |
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Businesses in Kabul suffer as sit-in continues

9th June, 2017 · admin

KABUL, June 9 (Xinhua) — Businesses have suffered as a demonstration-turned sit-in entered its eighth day on Friday in Afghan capital Kabul as many shops have remained closed over the past few days. “I am in lose over the past few days as few people dare to come to the market and go shopping,” a

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Posted in Economic News, Security | Tags: Kabul, Protest |
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Erik Prince’s dark plan for Afghanistan: Military occupation for profit, not security

3rd June, 2017 · admin

Salon.com: Blackwater founder Erik Prince has a vision for profiting off Afghanistan that President Trump might just love. Prince’s plan to fund occupations by pillage would otherwise be simply an insane notion howled from the wilderness of policy thought were it not for Prince’s proximity to the president and Trump’s repeated assertion that the U.S. should have

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Posted in Economic News, Human Rights, Political News, Security, US-Afghanistan Relations |
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Afghan Wireless Launches First 4G LTE Network in Afghanistan

2nd June, 2017 · admin

IEEE: In May 2017, Afghan Wireless announced a milestone—the company had launched the first 4G LTE service in Afghanistan. That service is now live in Kabul, and the company plans to extend 4G LTE to the entire country within the next 12 to 18 months. Click here to read more (external link).

Posted in Economic News | Tags: 4G LTE service, Wireless |
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Parliament Commission Wants Govt-Alokozay Land Deal Terminated

30th May, 2017 · admin

Tolo News: A debate in the Wolesi Jirga (Lower House of Parliament) over a recent controversial land deal between government and Alokozay Group of Companies exposed predictable divisions among lawmakers on Tuesday when chairman of parliament’s Transport and Telecommunication Commission slammed the accord as violation of the prevailing laws of the country and urged the contract’s

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Posted in Corruption, Economic News, Political News | Tags: Alokozay Group, Land grabbing, Parliament, Wolesi Jirga |
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