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MRRD inked $140 million rural development contract

Ministry of Rural Rehabilitation and Development (MRRD) signed a contract of rural development which worth $140 million with rural development councils. According to the officials statements they will implement these projects within six months. Rural Rehabilitation and Development minister, Nasir Durani said,” we will struggle to support enough agricultural projects …

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MoF Summons UAE Charge D’affaires in Kabul

Officials in Ministry of Foreign Affairs have summoned the Charge D’affaires United Arabic Emirates in Kabul over expelling of 600 Afghan investors from their territory. They have stated that efforts are underway to make United Arabic Emirates to change its mind on Afghan investors. Foreign Ministry deputy spokesperson Serajulhaq seraj said,” …

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MEC says Kabul Bank embezzlement crisis investigations sack

Kabul Bank embezzlement crisis is still unsolved and the New Kabul Bank is working with deficiencies. The Independent Joint Anti-Corruption Monitoring and Evaluation Committee (MEC) in a press conference presenting their six month report said that Kabul bank investigation is unacceptable, because there are defects on their reports. Rashid Behroz …

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Afghan Government Welcomes India on APTTA Agreement

  Officials in of foreign Ministry of Afghanistan have welcomed India on Afghanistan-Pakistan-Tajikistan Trade Agreement (APTTA). They have declared that joining of India into following agreement will benefit Afghanistan, saying that India Government has also announced that they are to join the agreement APTTA. Afghanistan Foreign Ministry spokesman Shekib Mustaghani …

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Afghanistan Maintains its Currency Banking Policy Stable Vs Neighboring

Officials in Central Bank of Afghanistan have said,” that Afghanistan has maintained its currency Banking policy against neighboring countries policies stable in 2014 despite of severe banking challenges.” They have refused decreasing of the note banks supplies, contrary to that supplying note banks increased in 2014 within the bank. Acting …

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