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ADB approves $50 million grant for Afghanistan’s COVID vaccine campaign

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(Last Updated On: April 20, 2021)

The Asian Development Bank (ADB) on Tuesday approved a $50 million grant to help the Afghan government procure and deploy safe, high-quality COVID-19 vaccines, and strengthen the country’s capacity to implement its vaccine program.

The ADB said in a statement that the project will support the National Plan for COVID-19 Vaccination in Afghanistan by procuring and transporting six million doses of COVID-19 vaccines for priority segments of the population, as determined by the government.

“As Afghanistan continues to grapple with COVID-19, this project will help ensure that safe and high-quality vaccines are made available to the Afghan people,” said ADB President Masatsugu Asakawa.

“Making vaccines available to vulnerable groups and strengthening Afghanistan’s immunization program will help to save lives and is a vital step toward recovery.
This support is part of ADB’s strong commitment to helping Afghanistan overcome the pandemic and achieve a sustainable economic recovery,” Asakawa said.
Under its national plan, the Afghan government aims to vaccinate all eligible people including vulnerable groups, approximately 60 percent of the total population.

ADB’s COVID-19 Vaccine Support Project will provide financing to procure vaccines for at least 2.6 million people, or about 11 percent of the eligible population, including through the COVID-19 Vaccines Global Access (COVAX)
Advance Market Commitment facility.

The grant will also strengthen the Ministry of Public Health’s capacity in planning,
communications, coordination, and implementation of the vaccine program at national and provincial levels.

According to the ADB, technical training including specialized gender sessions will ensure that vaccines are administered to women in a culturally sensitive manner and a waste management firm will be engaged to build capacity for proper disposal of medical waste.

ADB estimates that Afghanistan’s GDP contracted by five percent in 2020 as the pandemic forced business closures and disrupted supply chains.

Unemployment is projected to have risen from 23.9 percent in 2019 to 37.9 percent in 2020 adding to the negative pressures of increased costs of food,
housing, and health services.

ADB’s grant complements other development partners’ efforts and contributes to fostering growth in the Central Asia Regional Economic Cooperation region through addressing pandemic risks and cross-border health threats.

Afghan health officials meanwhile said Tuesday that the number of coronavirus infections has increased in Afghanistan recently.

The Ministry of Public Health said 176 new cases of COVID-19 and seven deaths were reported in the past 24 hours across Afghanistan.
According to the ministry 28 others recovered in the mentioned time.
The ministry warned a lockdown will be imposed in major cities including Kabul if people fail to take the necessary precautions to help curb the spread of the virus.

Business

Commerce ministry inks 10 MoUs to boost development of small and medium-sized businesses

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(Last Updated On: April 19, 2024)

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.

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Export volume totals over $140 million in last month of 1402

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(Last Updated On: April 17, 2024)

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.

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Afghanistan-Kazakhstan chamber of commerce opens in Herat

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(Last Updated On: April 15, 2024)

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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