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Afghanistan amid 10 poorest countries in the world
Special Inspector General for Afghanistan Reconstruction – SIGAR – in their latest report stated Afghanistan as one of the poorest countries in the world.
The report indicates that 55 percent of the Afghans live with less than $1 income per day. The SIGAR in the report underlines that four decades of war have brutally damaged the people.
“The poor people of Afghanistan spend only $8 on health annually. Four decades of war has badly damaged the people, as 55 percent of the Afghans are under the poverty line,” says SIGAR in a statement.
Although the USA and its allies have spent billions of dollars on terrorism and economic development of Afghanistan, the country is still among the poorest in the world.
The Ministry of Economy reported that out of 55 percent under the poverty line, 52 percent of them are living in monetary poverty, and more than 44 percent are living in food poverty.
This comes as Afghanistan is one of the richest countries in terms of having untouched mines and minerals. SIGAR underlines that the achievements in the fields of health, education, women’s rights, and girls should be conserved.
Also, SIGAR suggests further development in the fields of health, education, and women’s rights in the remote areas of the country.
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Afghanistan signs 30-year deal for marble mining in Daikundi
The Ministry of Mines and Petroleum of Afghanistan has signed a 30-year agreement with a private company to extract marble in Daikundi province.
Under the contract, the company will invest AFN 283 million in exploring and mining marble at the “Mesh-Uliya” site, spanning 16.74 square kilometers in central Daikundi.
Hedayatullah Badri, Minister of Mines and Petroleum, stated that the marble will be processed domestically before being exported abroad. He added that the Mesh-Uliya project is expected to create around 200 jobs, and the company is committed to supporting local communities through social initiatives.
Economic experts highlight that such investments, especially those focusing on domestic processing, are crucial for job creation, boosting exports, and strengthening the national economy. Analysts further note that the project will improve local infrastructure, expand social services, and enhance the economic and social well-being of Daikundi residents.
Since the return of the Islamic Emirate to power, efforts to develop Afghanistan’s mining sector have intensified, with multiple contracts signed in areas including cement, copper, iron, and lapis lazuli, involving both domestic and international companies.
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Passenger bus veers off Salang Highway, leaving 5 dead, dozens injured
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Major fire in Mandawi Kabul market contained, extensive losses prevented
Local shopkeepers said the fire broke out around 4 a.m.
The Ministry of Interior reported that personnel from the General Directorate of Firefighting and Emergency Response successfully prevented the further spread of a fire at Mandawi market on Kabul early Sunday morning.
Abdul Mateen Qani, spokesperson for the ministry, said that the fire destroyed 10 storage facilities and 8 shops. He added that initial losses are estimated at around $700,000, but timely action by firefighting personnel saved property worth approximately $2.2 million.
Qani explained that the fire was caused by an electrical short circuit. He praised the rapid and effective containment operations, which prevented more extensive damage.
Local shopkeepers said the fire broke out around 4 a.m.
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