Businessmen have said that along with the lack of security, the absence of a clear strategy to attract investment is also to blame for the economic recession in Afghanistan. 

Gov’t lying about fuel price drop: Kabulis

Wednesday, 20 December 2017 03:40 Written by

Kabul residents, especially drivers complaining of the high cost of the fuel, have accused the government of lying about promises to decrease fuel and gas prices. 

80 percent of marble factories on verge of collapse

Tuesday, 19 December 2017 04:00 Written by

Almost 80 percent of marble companies in the country are on verge of a financial recession because of the non-extension of semi-precious stones contracts, officials from the stone industry union said on Sunday.

Ministry to close high tonnage scales on roads

Monday, 18 December 2017 03:45 Written by

The control of high tonnage scales on Afghanistan’s roads will be transferred to the Ministry of Finance in an effort to end corruption and embezzlement at freight weighing stations, a spokesman for the Ministry of Public Works (MoPW), Mahdi Rohani, said. 

MoMP worries Daesh might extract mines

Wednesday, 13 December 2017 03:28 Written by

The Ministry of Mine and Petroleum (MoMP) on Monday said it is worried that Daesh could extract minerals from mines in Jawzjan province, including gold, uranium and other rare metals.

IMF confirms ACB progress in financial stability

Tuesday, 12 December 2017 03:24 Written by

Afghanistan Central Bank’s (ACB) officials on Sunday said the International Monetary Fund (IMF), in its recent assessment, was satisfied with ACB efforts to ensure the integrity of the country’s financial system.

Afghan factory tries to export juice to India

Monday, 11 December 2017 03:22 Written by

Omid Bahar, a juice production factory in Kabul, is trying to export Afghanistan juice to India and other central Asia markets. 

ADB approves $150m to complete ring road

Sunday, 10 December 2017 03:30 Written by

The Asian Development Bank (ADB) has approved $150 million USD for the construction of the remaining parts of the country’s ring road.

Sino-Afghan economic commission meets

Wednesday, 06 December 2017 03:23 Written by

The Afghanistan-China Economic and Trade Commission discussed greater cooperation between the two countries at its third meeting in Beijing, the Ministry of Finance said on Tuesday.

Mining revenue sees hike, reaches 6b Afs

Tuesday, 05 December 2017 03:21 Written by

The Ministry of Mines and Petroleum (MoMP) says the mining revenue has risen to more than six billion afghanis this year, showing a considerable increase over 2016.