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Category Archives: Economic News

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Drug prices rise in Afghanistan after Taliban outlaws trade

31st October, 2022 · admin

FT: The price of illegal drugs has soared in Afghanistan since the Taliban outlawed the trade in one of the world’s biggest narcotics exporters, according to new data, despite limited evidence that the Islamist militants are enforcing the ban. Opium prices within Afghanistan have risen more than 50 per cent since the Taliban announced the

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Posted in Drugs, Economic News, Taliban | Tags: Crystal Meth in Afghanistan, Meth in Afghanistan, Poppy cultivation, Taliban and Drugs |
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Afghanistan sends 12 tons of pine nuts to Europe

30th October, 2022 · admin

Ariana: The consignment is worth $500,000 and is expected to reach Germany via Iran and Turkey, said Sayed Masood Sadat, deputy head of Herat Chamber of Commerce and Investment. Click here to read more (external link).

Posted in Economic News, EU-Afghanistan Relations, Germany-Afghanistan Relations |
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Money Exchanger’s Union Concerned by Dollars Trafficked Out of Country

29th October, 2022 · admin

Tolo News: The Union of Money Exchangers of Sarai Shahzada expressed concerns over the trafficking of US banknotes to neighboring countries, saying that this would have a negative impact on the Afghan economy. The union said that the trafficking of dollars abroad will affect the value of Afghan currency. Click here to read more (external

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Posted in Economic News |
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Study Indicates 30% Increase in Child Laborers in Baghlan

28th October, 2022 · admin

Tolo News: The Department of Labor and Social Affairs in Baghlan said that the latest survey by a foreign institution, Agency for Technical Cooperation and Development (ACTED), with the ministry’s cooperation, revealed that more than 14,000 children are engaged in hard labor, which is a thirty percent increase from last year. 3,000 of these children

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Posted in Afghan Children, Economic News | Tags: Baghlan, Child Labor, Taliban government failure |
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Why Don’t Rich Muslim States Give More Aid to Afghanistan?

28th October, 2022 · admin

Akmal Dawi VOA News October 27, 2022 WASHINGTON — More than 10 months after the United Nations launched its largest ever single-country appeal to mitigate the humanitarian crisis in Afghanistan, less than half of the appeal has been funded, with Muslim governments conspicuously missing on the list of major donors. “Afghanistan is facing a harsh winter,”

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Posted in Economic News, Muslims and Islam |
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380M Banknotes of Afghan Currency to Arrive Within 1 Month: Mehrabi

26th October, 2022 · admin

Tolo News: A member of the Afghanistan Trust Fund, Shah Mohammad Mehrabi, said that the Polish Security Printing Works (PWPW) is due to deliver new Afghani banknotes to Afghanistan within one month. This comes as a spokesman for the US Department of State, Ned Price, said at a press conference that the US and its

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Posted in Economic News, Taliban, US-Afghanistan Relations | Tags: afghani, Secretly funding Taliban, West supporting Taliban |
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Popular Afghan Pastime Goes Up In Smoke As Taliban Bans Hookahs

25th October, 2022 · admin

By RFE/RL’s Radio Azadi October 25, 2022 Young men inhaling fruit-flavored tobacco from hookahs had become a common site in Afghanistan in recent years. But the Taliban recently issued a fatwa, or Islamic decree, banning the popular pastime. The militant Islamist group considers hookahs, also known as shisha, as an intoxicant, which is banned under Islam.

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Posted in Economic News, Taliban |
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New Printed Afghani Will Replace Banknotes: West

22nd October, 2022 · admin

Tolo News: He made the remarks while speaking about the Afghan frozen funds in a Zoom conference. “So I am very pleased to say that in the past 24 hours, we finally have seen the conclusion of currency transaction… this will mean that new printed Afghani will replace banknotes that … are virtually disintegrating in

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Posted in Economic News, US-Afghanistan Relations | Tags: afghani, West supporting Taliban |
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Afghan GDP Estimated to Further Contract This Year: World Bank

19th October, 2022 · admin

Tolo News: The World Bank released a development update on Afghanistan, in which it estimated that the real GDP is projected to contract further in 2022, with an accumulated contraction of close to 30-35 percent between 2021 and 2022. The report highlighted the economic and humanitarian challenges of Afghanistan. The report said the economy of

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Posted in Economic News |
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Who Donated Wheat to Afghanistan — Ukraine or US?

19th October, 2022 · admin

Akmal Dawi VOA News October 18, 2022 As the cold season starts in landlocked Afghanistan, concerns are mounting about widespread hunger, particularly in the rugged parts of the country where the first snowfall blocks the roads. This year there is hope that 30,000 metric tons of wheat coming from another war-torn country, Ukraine, will mitigate

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Posted in Economic News, US-Afghanistan Relations |
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