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Category Archives: Economic News

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Food prices rise sharply after fighting disrupts Afghan harvest

25th November, 2015 · admin

CHARDARA DISTRICT, Afghanistan, (IRIN) – Food prices are shooting up in Afghanistan as the harvest has been halted in the country’s breadbasket in the northern province of Kunduz, where farmers have fled fighting and fields are infested with explosives. Click here to read more (external link).  

Posted in Economic News, Everyday Life |
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Afghanistan plans bond market before stocks

24th November, 2015 · admin

KABUL, Nov 24 (Reuters) – Afghanistan aims to set up a secondary bond market before considering a stock exchange, given the state of insecurity in the country, the central bank governor said on Tuesday. Click here to read more (external link).

Posted in Economic News |
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Will Kazakhstan Be a Game-Changer in Afghanistan?

24th November, 2015 · admin

The Diplomat: Kazakhstan may not be party to some of the grander-scale regional integration schemes, like the TAPI pipeline or the CASA-1000 project, but it stands as the region’s most successful economy. The boom times seem to be over however, with low oil and gas prices cutting into Astana’s pockets. While marketing wheat and steel to

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Posted in Central Asia, Economic News |
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Pakistani Finance Minister: Afghanistan should ease visa process for Pak businessmen

24th November, 2015 · admin

The News: Federal Minister for Finance Ishaq Dar on Monday asked Afghanistan to ease the visa process for Pakistani businessmen, adding that the Preferential Trade Agreement (PTA) between the two countries must be given a final shape. Click here to read more (external link).

Posted in Economic News, Pakistan-Afghanistan Relations |
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Pakistan, Afghanistan hold key economic, trade talks

23rd November, 2015 · admin

ISLAMABAD, Nov. 23 (Xinhua) — Afghan Finance Minister Eklil Ahmad Hakimi arrived in Pakistan for important day-long talks on economic cooperation and trade issues on Monday as both countries have kept communication, officials said. The Pak-Afghan Joint Economic Commission meeting was earlier scheduled to be held in August but was postponed in view of tensions

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Posted in Economic News, Pakistan-Afghanistan Relations |
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Former Pashtany Bank head jailed for corruption

22nd November, 2015 · admin

1TV: A former Pashtany bank head and his six other employees have been jailed for 10 years each over embezzlement of more than one billion Afghanis several years ago. The court has also ordered Hayatullah Dayani and others to repay the stolen money, the Attorney General Office said Sunday. Dayani presided the government-owned bank from

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Posted in Corruption, Economic News |
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Afghanistan reviews gas development potential

20th November, 2015 · admin

KABUL, Afghanistan, Nov. 20 (UPI) — The Afghan government said it’s closer to finalizing a deal with a consortium of energy companies that could pave the way for gas exploration and production. A consortium of Turkish and Afghan energy companies reached a preliminary agreement with the Afghan Ministry of Mines and Petroleum to review the

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Posted in Economic News |
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President Ghani to visit Kazakhstan

19th November, 2015 · admin

Khaama Press November 19, 2015 President Mohammad Ashraf Ghani heading a high level government delegation would leave to Kazakhstan late on Thursday. Reports suggest that during the state visit, President Ghani would meet his Kazakh counterpart Nursultan Nazarbayev, Prime Minister Karim Qajymqanuly Massimov and other high ranking Kazakh officials. Both sides would ink few agreements

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Posted in Central Asia, Economic News |
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MoF Deems Mohammadi’s Letter Illegal

19th November, 2015 · admin

Tolo News: The Ministry of Finance on Thursday said the memorandum sent to them by the president’s suspended legal advisor Abdul Ali Mohammadi, instructing them to advise government offices to forge agreements with Khalili Frozi’s Gas Group, was illegal and in contravention of the procurement act. Click here to read more (external link).

Posted in Corruption, Economic News |
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Suspended presidential advisor also eyed monopoly of gas distribution

18th November, 2015 · admin

Khaama Press November 18, 2015 New details have unfolded regarding the involvement of a top government official in a controversial agreement regarding the construction of a township in capital Kabul, involving a senior official of the former Kabul Bank. Abdul Ali Mohammadi who has been suspended by President Ghani to serve as the legal presidential

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Posted in Corruption, Economic News |
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