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Afghanistan’s banking situation improving: Union

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Officials at the Private Banks Union say the situation of banks in Afghanistan is improving and that currently 12 banks, including three state banks and two foreign banks, are active in the country and that together these banks have 400 branches across the country.

“In 34 provinces, 400 branches of these banks have been opened and they are accessible everywhere. Four banks have invested about 40 billion afghanis in different sectors and provide salaries to 800,000 employees,” said Najibullah Amiri, CEO of the Private Banks Union.

Meanwhile, Da Afghanistan Bank (DAB) officials say they have supported private banks over the past two years so they can provide services to their customers in a normal way.

“Our technical meetings with commercial banks continue so that we can level the service field for our compatriots in all banking sectors,” said a DAB spokesman, Hasibullah Noori.

In the meantime, investors say they still face problems withdrawing money. They say they hope restrictions on the amount allowed to be withdrawn will be lifted soon.

Economists meanwhile say that private banks have had to deal with many challenges over the past two years and that the central bank needs to step up support.

“The situation in the banks has become relatively good and the important thing is that people’s trust should be regained gradually to these banks.

DAB allows individuals to withdraw up to $600 dollars from their accounts in a week, but traders can withdraw up to $40,000 dollars in a week.

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IEA to establish ministry for usurped land reclamation

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The Ministry of Justice said on Sunday that the Supreme Leader of the Islamic Emirate has issued a decree to establish a new ministry under the name of usurped land reclamation.

Currently, the work of reclamation of usurped land is being carried out by a commission.

The commission said in a press conference that 49.7 million acres of usurped land have been identified across the country, of which 3.9 million acres have been reclaimed.

Officials of the commission stated that 36 residential townships in Kabul have been assessed and decisions have been issued on 13 of them.

According to officials, people who have purchased land in illegal townships have all their rights reserved with the commission and only township owners are considered as usurpers.

They also stated that 370,000 acres of land have been allocated for the Kabul New City project and that currently, four companies are involved in this project.

 

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Sirajuddin Haqqani meets with special envoys of China and Pakistan in Kabul

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Acting Minister of Interior Sirajuddin Haqqani met with China’s special envoy for Afghanistan, Yue Xiaoyong, and Mohammad Sadiq, Pakistan’s special envoy, to discuss regional cooperation and diplomatic engagement.

According to a statement released by the Ministry of Interior on Sunday, the meeting aimed to follow up on the outcomes of the fifth trilateral meeting of the foreign ministers of Afghanistan, China, and Pakistan. The discussions also focused on preparations for the upcoming sixth round of talks and on deepening political and economic cooperation among the three nations.

During the meeting, Haqqani emphasized the Islamic Emirate’s commitment to fostering strong regional ties. He called for regional understanding and cooperation, especially in political and economic fields, based on mutual respect.

The Chinese and Pakistani diplomats reaffirmed their countries’ commitment to strengthening relations with Afghanistan. They also agreed that the sixth meeting of foreign ministers from the three nations will be held in Kabul.

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Afghan government employees urged to apply diplomacy when commenting about another country

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Acting Foreign Minister Amir Khan Muttaqi on Sunday instructed government employees to refrain from making comments or statements that could hurt a country.

Addressing a graduation ceremony of government employees who passed a specialized diplomacy training course, Muttaqi warned that such negative comments would also harm the Islamic Emirate.

“Try to be careful with your pen. Be careful with your tongue so that no Muslim, no neighbor, no country is hurt. Avoid harming the system and yourself. Sometimes, there are shots that then come back to the hitter. You have to be very careful in this matter. Whatever you say, you have to think about whether it is permissible in Islam? Will it not end up harming another Muslim?”

Muttaqi also emphasized that Afghanistan will not progress if fundamental steps are not taken in the academic field.

“If we do not take steps in the academic field, do not educate ourselves, do not work hard, do not know about the world conditions, do not know about the customs of the homeland, do not know about our past history, we cannot build our future. We need a lot of work in our home and each department needs a professional. If you gather all the members of your family, you cannot treat a child with fever until you see a doctor. You cannot build a bulb. You cannot make clothes. Therefore, every field has its own professional and this society needs them,” he said.

Muttaqi also called on the graduates to strive to enhance their knowledge and to guide the future path of Afghanistan towards development.

 

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