Category: ECONOMY

Afghanistan to launch 13 new power generation projects

Abdul Bari Omar, the CEO of power utility Da Afghanistan Breshna Sherkat (DABS) under the Islamic Emirate, has announced the launch of 13 new power generation projects aimed at increasing electricity production from domestic sources.

Afghanistan Central Bank to auction $20 million

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 20 million US dollars on Saturday, January 25.

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.

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.