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Category Archives: Economic News

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Spike In Foreign Currency Trafficking Raises Concerns

7th February, 2016 · admin

Tolo News:  The moneychangers union in Kabul and the Afghanistan Chamber of Commerce and Industries (ACCI) expressed their deep concern over trafficking of foreign currency through airports in Afghanistan. According to law, no one may take more than $20,000 USD out of Afghanistan without having permission. Click here to read more (external link).

Posted in Corruption, Crime and Punishment, Economic News |
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Kunduz Businessmen Concerned Over Closure Of Tajikistan Consulate

5th February, 2016 · admin

Tolo News:  Head of exports department in the Chamber of Commerce and Industries office in Kunduz, Massoud, said the move has affected the interest of businessmen to visit Shir Khan Bandar – one of the main ports that connects Afghanistan with Tajikistan. “This move [closure of Tajikistan consulate in Kunduz] has badly affected businessmen’s activities,” he

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Posted in Economic News | Tags: Kunduz |
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Kabul Seeks Indian Help With Iranian-Afghan Trade Corridor

4th February, 2016 · admin

By RFE/RL’s Radio Free Afghanistan February 3, 2016 Afghanistan’s chief executive, Abdullah Abdullah, has called on Indian businesses to invest in his war-torn country — including development of a proposed trade corridor through Afghanistan that links Iran with India and Central Asia. Abdullah told a meeting of top industry groups in New Delhi on February

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Posted in Economic News, India-Afghanistan Relations, Iran-Afghanistan Relations | Tags: Dr. Abdullah |
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Kabul in Blackout as Government Struggles to Fix Power Lines

1st February, 2016 · admin

February 1, 2016 – TEHRAN (Tasnim) – Militants and bad weather in northern Afghanistan have hampered efforts to repair power lines that were destroyed last week, cutting electricity in the capital, Kabul, to about six hours a day, officials said Monday. Insurgents last week destroyed an electricity pylon in the Dand Shahabuddin district of Baghlan

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Posted in Economic News, Security, Taliban | Tags: Baghlan, Electricity, Kabul |
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Afghanistan Strategic Market for Iranian Merchants: Deputy Minister

1st February, 2016 · admin

February 1, 2016  – TEHRAN (Tasnim) – Iranian Deputy Minister of Industry, Mines, and Trade Mojtaba Khosrotaj described the lucrative market of neighboring Afghanistan as a “strategic” market for Iranian merchants. Khosrotaj on Monday pointed to Iran’s upcoming exclusive exhibition in the Afghan capital of Kabul, and said such expos are venues to hold dialogue

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Posted in Economic News, Iran-Afghanistan Relations |
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US: Afghanistan’s Economic Prospects ‘Bleak’

30th January, 2016 · admin

VOA News / January 29, 2016 ISLAMABAD – A U.S. government auditor says despite more than a decade of reconstruction and development efforts, Afghanistan’s economy remains in fragile and worsening condition. “Intractable insurgents, cutbacks in foreign military personnel, persistent emigration of people and capital, and a slowing global economy are shifting Afghanistan’s economic prospects from troubling

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Posted in Corruption, Economic News |
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Billions of dollars haven’t improved safety or the economy in Afghanistan

29th January, 2016 · admin

Newsweek: Billions of dollars spent by the U.S. government in Afghanistan over the past decade has failed to make the country safer or substantially improve its economic prospects, according to a new report from a U.S. government watchdog. Click here to read more (external link).

Posted in Corruption, Economic News, Security, US-Afghanistan Relations |
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China and Afghanistan News

27th January, 2016 · admin

The New York Times – China Urging Afghanistan to Restart Peace Talks With Taliban: Chinese officials are urging the government of Afghanistan to restart peace talks with the Taliban after the last round of discussions collapsed, the Chinese Foreign Ministry has said. Click here to read more (external link). ANI – Afghanistan demands full SCO Membership from China: Afghanistan’s ministry of

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Posted in China-Afghanistan Relations, Economic News, Peace Talks | Tags: Salahuddin Rabbani |
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Afghanistan signs grant agreements worth $128 million with World Bank

24th January, 2016 · admin

Khaama Press: Two grant agreements worth $128 million were signed between the Ministry of Finance of Afghanistan and the World Bank, covering two key sectors – Farm Water Management Project and Hydropower Rehabilitation Project. Click here to read more (external link).

Posted in Economic News, Reconstruction and Development |
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Afghanistan to be burying ground of IS: Ghani

23rd January, 2016 · admin

1TV:  Afghanistan will be the burying ground of Islamic State group, President Ashraf Ghani said during World Economic Forum on Friday. “We are a people of resilience and we will overcome,” Ghani said. “Afghanistan will be the burying ground of Daesh (IS) and the rest of them (terrorists).” He cited a proverb saying: “Revenge is sweetest when

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Posted in Economic News, ISIS/DAESH | Tags: Ashraf Ghani, Nangarhar |
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