Afghanistan becomes member of ICOLD

Wednesday, 16 August 2017 02:36 Written by

Afghanistan has secured membership of International Commission on Large Dams.

The United Nations Food and Agriculture Organization (FAO) says investment in Afghanistan’s agriculture ‘is the better and low risk option for strengthening the country’s economy and for finding jobs, but unfortunately little attention has been paid to the sector.’

Pakistan does not have Jalghoza, a type of pine nuts only found in Afghanistan, but buys the produce from Afghans, then exports it to China under a Pakistani trade mark, local investors said.

DAB Collects 935 Million Defaced Banknotes

Sunday, 13 August 2017 02:42 Written by

As the deadline for the exchange of damaged and defaced banknotes approaches, the state-owned De Afghanistan bank or Central Bank says it has collected over 935 million AFs of the affected banknotes.

India, Afghanistan and countries neighboring the war-torn nation on Monday discussed ways to bolster the development of Afghanistan into a regional economic hub with views exchanged on a host of issues including the need to make existing trade and transit pacts more inclusive.

20 Balkh women open cookie factory with own funds

Tuesday, 08 August 2017 02:56 Written by

A number of women in northern Balkh province have launched businesses with personal funds for resolving their economic problems.

Air cargo with India failed program: ACCI

Monday, 07 August 2017 02:54 Written by

 Officials from Afghanistan Chamber of Commerce and Industries (ACCI) said at least 120 tons of fruit ready for loading are waiting for the air cargo flights to markets in India.

Initial figures from a new assessment by the Central Statistics Organization (CSO) reveal that illegal economic activities have reached the same level as legal economy in the country.

Loan applications increase while payouts drop

Wednesday, 02 August 2017 02:42 Written by

Central Bank officials said on Monday that despite improvements in the banking and financial systems, the number of loans approved, in the first six months of this year, has dropped by 11 percent against last year.

A number of exporters of fresh fruit sharply criticized government for not having resolved problems regarding the export of goods to India, and said fresh produce packaged at Hamid Karzai International Airport in Kabul three days ago has still not been flown out of the country.