Trade with Pakistan in rupee is going to harm Afghanistan, says experts
KABUL (SW) – Analysts believe bilateral trade with Pakistan in rupee is going to harm Afghanistan’s economy even further.
Category: Economy & Business
International community urged to help Afghanistan amid devastating floods
KABUL (SW) – Mohammad Nasim Haqqani, the spokesperson of the Ministry of Disaster Management, says that the recent rains and floods in the provinces of Ghazni, Maidan Wardak, Paktia, Paktika, Logar and Khost have caused huge financial losses to the people.
Traders say sales remains low amid low purchasing power
KABUL (SW) – Days ahead of the Eid al-Adha, Kabul traders say the sales are drown and people’s purchasing power remains very low.
Banking services gone from bad to worst, says Kabul residents
KABUL (SW) – Kabul residents say banking service have gone from bad to worst in the past few months.
Fuel prices go up as tankers remain stuck at ports
KANDAHAR CITY (SW) – Traders say that fuel prices are soaring up in the market due to the tankers held up at the ports on the borders.
Committee formed for the reconstruction of homes in earthquake affected areas
KABUL (SW) – Officials of the Ministry of Disaster Management announced the creation of a new committee to rebuild the houses that were destroyed by the earthquake two weeks ago in Paktika and Khost provinces.
UNDP warns of fake financial aid scheme
KABUL (SW) – The United Nations Development Program has warned that a group of exploiters are seeking to take advantage of people in the name of pledges for funds.
India sends 2,500 MT of wheat to Afghanistan as humanitarian assistance
MONITORING (SW) – India has sent the 15th consignment of 2,500 MT of wheat to Afghanistan as humanitarian assistance via the Attari-Wagah border.
Trade in foreign currencies banned across Afghanistan
KABUL (SW) – A ban on trade in foreign currencies has been introduced by the Islamic Emirate across Afghanistan.
US, Taliban working on mechanism to allow use of central bank reserves
MONITORING (SW) – Senior Biden administration officials are working with Taliban leadership on a mechanism to allow Afghanistan’s government to use its central bank reserves to deal with a severe hunger crisis without giving the former militant group free rein, reported Washington Post.
Pakistan eyes cheap electricity via coal imports from Afghanistan in rupees
MONITORING (SW) – Pakistani Prime Minister Shehbaz Sharif approved import of super-critical quality coal from Afghanistan in rupees instead of dollars, saying the move will help the country save precious foreign exchange.
Analysts warn of serious consequences of natural disasters
KABUL (SW) – In the wake of the recent earthquakes, floods and untimely rainfall in a number of provinces, economic experts are warning that these events are going to cause serious damage to the economy.
