Business
Afghanistan Thrifts 8 Billion Afghani in Past Nine Months:Yawari
Officials in National bureau procurement department have said,” Afghanistan has been capable to thrift 8 Billion AF since past none months, the following amount of money has come from the reviewing of the contracts of 189 projects across the country.”
The efforts come after that President Ghani has give direction to the following department to launch efforts on transparency, building capacity and communication within the National Bureau procurement office.
Head of the National Bureau procurement department Yama Yawari said,” 189 projects has been confirmed which 8$ billion thrifts has been made,14 contracts were presented to the committee 13 of the contracts has been approved so far.”
They have also added that out of 13 contracts ,11 contracts goes to Ministry of Defense.
The 11 contracts which has been approved for the Ministry of Defense has made 103 million Afghani which is all about the Afghan Air force’s fueling contract head of the National Bureau procurement department Yama Yawari said.
Its said that Afghanistan has been a big market for the different projects both Governmental and private once,but huge corruption has caused the quality of the projects to be low, it didn’t satisfy the Afghan Nation, therefore the National Bureau procurement department has been established to launch more transparency and check the quality of work within the projects across the country.
Reported by FarahNaz Fortan
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
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