Business
Presidential Palace Office Failed as Cabinet to Spend Budget for 1395
Officials at Presidential palace office have only spent 36,73 percent of the allocated development budget for the year of 1395, amid experts addressed poor management in Afghan Government leaderships, ongoing disagreements between leaders, and personal relations in Government body caused the budgets to remain without consumption.
President Deputy Spokesman Shah Hussien Murtazawe said, “Low capacity in Governmental departments is the major and fundamental problem which halted the development budgets to be spent in the right time with full volume, efforts are underway to resolve the following issue.”
Experts believed that poor management in Afghan Government leaderships, ongoing disagreement between leaders, and personal ties in different levels have caused the departments not to be able to spend the allocated budgets.
Professor Reza Farzam said, “The basic problem is coming from the disagreement of the National Unity Government leaders, they pick none talented Ministers to run the departments. “
Economy expert Shaber Bashiri said, “The political disagreements between leaders and none political stability will underestimate all the economical sources where we can invest on.”
Lower house of the parliament summoned 17 Ministers of the National Unity Government for not spending the development budgets for the year of 1394 and 7 of the Ministers were dismissed after holding voting process, and now the Presidential palace office spent 36,73 percent for the year of 1395.
Reported by: Ahmad Farshad Saleh
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.
UN envoy meets Indian foreign minister to discuss Afghanistan
Traffic accident leaves one dead, four injured in Herat
250,000 Afghan children need homes, food, education after returning from Pakistan
US asks IEA to ensure Afghan soil not used by terrorists
Commerce ministry inks 10 MoUs to boost development of small and medium-sized businesses
ATN secures TV and digital rights to broadcast IPL 2024 in Afghanistan
Blinken meets with Saudi Crown Prince to discuss Gaza
Afghanistan and India play out goalless draw in FIFA World Cup Qualifiers
Dead body of Quran-burner found in Norway
ATN secures rights to produce, broadcast second season of KPL
Tahawol: China’s call for inclusive government in Afghanistan
Saar: UN’s report on poverty in Afghanistan discussed
Tahawol: Russia and Tajikistan hold joint military drills along Afghanistan border
Saar: Anti-corruption efforts & better public services discussed
Tahawol: Abdul Kabir’s recent remarks discussed
-
Sport4 days agoACL fever grows as fixtures finalized
-
World4 days agoUS will not take part in any Israeli retaliatory action against Iran
-
Latest News4 days agoOver 50 people dead in traffic accidents over Eid
-
Latest News4 days agoUS identifies Kabul airport suicide bomber
-
Latest News4 days agoGood rains enable DABS to increase power production in Kabul
-
Business4 days agoAfghanistan-Kazakhstan chamber of commerce opens in Herat
-
World3 days agoIsraeli military vows response to Iran attack as calls for restraint mount
-
Latest News3 days agoPakistani police give Afghans in Balochistan one day to leave