DAB to auction 18 million US dollars
The Afghanistan Central Bank/ Da Afghanistan Bank (DAB) has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 18 million US dollars on Sunday, January 19.
Category: ECONOMY
UN pushed to scale up development projects
Din Mohammad Hanif, the Acting Minister of Economy of the Islamic Emirate, has called on the United Nations to focus more on implementing development projects in Afghanistan this year, according to an official from the ministry.
DAB vows to safeguard the value of afghani in the monetary market
As the value of the US dollar continues to rise against the Afghani currency, officials at Afghanistan’s Central Bank/ Da Afghanistan Bank (DAB) state that the bank is committed to maintaining the value of the Afghani and preventing fluctuations in the country’s monetary market.
Afghanistan Central Bank auctions $16 million
The Afghanistan Central Bank has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 16 million US dollars on Sunday, January 12.
Afghan traders demand improved infrastructure at the Angur Adda border crossing
Using the Angur Adda border crossing, which is 500 kilometers closer to the port of Karachi than other Pakistani border crossings, reduces costs for traders.
Women in Mazar-e-Sharif turn to domestic businesses to combat unemployment
In the city of Mazar-e-Sharif, the capital of Balkh province, some women have turned to small home-based businesses as a way to escape unemployment and its associated pressures.
Kabul’s long-awaited Shah Wa Arus dam gets functional
The ‘Shah Wa Arus’ dam has been officially inaugurated with the capacity to store over 9 million cubic meters of water, which will help irrigate more than 3,000 hectares of land in Kabul.
Opinion: Rebuilding the Afghan economy amid uncertainty
Theoretically speaking, a country’s long-run economic growth, based on neoclassical growth model, depends on technological change, labor force growth, rate of saving and rate of capital formation manifested as Solow Growth Model.
Balcony solar panels gaining fame in Europe
MONITORING (SW) – Balcony solar panels can save 30% on a typical household’s electricity bill and, with vertical surface area in cities larger than roof space, the appeal is clear, noted a latest report.
Afghanistan attracts $10.65 billion in investment interest
Officials from the Ministry of Economy under the Islamic Emirate say that, since the beginning of the current solar year, domestic and foreign companies have expressed interest in investing a total of 10.654 billion dollars in various sectors. Of this, contracts worth $6.682 billion have already been signed with Afghanistan.
The culture of savings fading away among youths due to economic pressures
Findings from Salam Watandar’s interviews with 50 Afghan youths reveal that due to economic pressures and the need to meet basic life requirements, young people are less focused on saving money.
WB reports 2.7% economic growth in Afghanistan, but challenges persist
The World Bank states that Afghanistan’s Gross Domestic Product (GDP) which grew by 2.7% in the year 2024, has only offset 10% of the economic losses incurred in previous years.
