Category: ECONOMY

Afghanistan, Kyrgyzstan agreed upon establishing joint chamber of commerce

KABUL (SW) – Nooruddin Azizi, Acting Minister of Commerce and Industry of Afghanistan, emphasized the expansion and strengthening of trade relations with Kyrgyzstan during a meeting with Daniyar Aman Guldif, Minister of Economy and Trade of Kyrgyzstan. Azizi also requested Kyrgyzstan to reduce the transit fare for Afghan commercial goods, aiming to decrease the expenses incurred when transferring goods to China through Kyrgyzstan.

MoRD announces significant progress in development projects

KABUL (SW) – Officials from the Ministry of Rural Rehabilitation and Development (MoRD) have reported substantial advancements in crucial projects. The projects include worth 2-billion Afghanis dam in Khashrood district of Nimruz province, worth 12-million US dollars dam in Qadas district, and worth 326-million Afghanis water supply project in Qala-e Naw district of Badghis province.

An independent agency to be established for regulating state-owned companies

KABUL (SW) – Abdul-Ghani Baradar, Acting Deputy Prime Minister for Economic Affairs of Afghanistan, revealed in a press conference Sunday that a new independent department is set to be established to oversee state-owned companies, in accordance with a decree from Hebatullah Akhundzada, the leader of the de-facto government of Afghanistan.

Da Afghanistan Bank to auction $15 million

KABUL (SW) – The Da Afghanistan Bank/Afghanistan Central Bank has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 15 million US dollars on Monday, January 22.

The dire plight of peddlers in Kabul’s Deh-Afghanan area, asking for support

KABUL (SW) – In the Deh-Afghanan area of Kabul city, a growing number of residents and street vendors are facing a dire plight due to unemployment. Over the past two years, a significant portion of the population has become jobless, leading many to take to the streets in search of livelihoods, resorting to peddling as a means to survive.