Business

Officials says if the insecurity continues it will financially damage the private banking system in the country. Economy experts have confirmed the issue saying the private banks are experiencing serious problems while collecting the loans, because the properties were given to the Bank as guarantee the price has significantly came …

Officials in Chamber of Commerce and Industry with the cooperation of the Afghan businessmen and investors have held a joint exhibition called Lelam in Kabul city for 12 days amid no officials from the Ministry of Commerce and Industry attended in the inauguration ceremony. They have stated that the object …

Around thirty-five road construction projects have been completed in various provinces of the country and will be inaugurated in the near future. “Maidan-e Shahr-Bamyan road worth 99.4 million Euros opened few days ago. 35 projects have been completed and will be inaugurated in the nearest time,” said Mahdi Ruhani, Spokesman …

Officials in Afghanistan Chamber of Commerce and Industry are intended to deliver the Afghanistan’s fresh fruits with the coordination of the National Unity Government by air to India and United Arabic Emirates, to save  further financial damages and losing tons of fruits. They have also urged that India has promised …

China has flagged its second train to Afghanistan — this time to the commercial hub of Mazar-e-Sharif — as part of its deepening economic and security engagement with Kabul. The state-run Xinhua news agency reported that the Afghanistan-bound train began its 15-day journey from the eastern city of Yiwu, home …

Business leaders from both nations have started The Joint Business Association of Afghanistan and Kazakhstan with the mission of growing the economies of both countries, officials said. Presidential Special Envoy on Good Governance Ahmad Zai Masoud stated that neighboring countries were attempting to restrain the Afghan economy, however, the National …

Officials in Ministry of Rural Rehabilitation and Development (MoRRD) have signed contracts with the cost 328 Million Afghani on development projects the following projects include drinkable water, building canals, growing agriculture, and the construction of bridges in Afghanistan. They have stated that the total number of projects is 37 which …

Scores of the Industrial investors have criticized the National Unity Government act for not paying attention on resolving the industrial problems. They have pointed out that one of the major issues is the high level electricity which costs a lot of money. Head of the Industrial Union Sakhi Ahmad Paiman …

Officials in Chamber of Commerce and Industry stated that Pakistan has sealed the Spinboldak cross border for Afghan businessmen which has damaged about 8 million Afghani the business process. They have urged that the political swollen in between the two countries doesn’t have to impact on mutual business. Head of …

Officials in Ministry of Work and Social affairs have claimed that agreement on job creation draft for those Afghans who are willing to work in Arabic Gulf countries have been finalized, saying after the approval more 25000 Afghans can work in Saudi Arabia. Meanwhile officials in chief Executive office have …

Ministry of Public Works (MoPW) has begun ten projects on road-construction in central areas to solve the problems of roads in Bamyan. Spokesman of MoPW says, most of the problems of central areas inhabitants will be solved with the completion of these projects. “1307 kilometer road construction started in separate …

Ministry of Commerce and Industry (MoCI) has said that the challenging rules in investment sector will be revised. According to officials in MoCI, there are a number of rules in the economic system which resulted investment volatile. Deputy of MoCI, Qurban Haqjo has stated that there is no balance between …

Acting head of the Afghanistan investment support Agency (AISA) Mohammad Qurban Haqjo has been introduced as the Financial Deputy Minister of Commerce and industry during a gathering made in the following Ministry on Sunday. He said,” new plans are underway to improve the performances of the Ministry of Commerce and …

Officials in Ministry of Commerce and Industry have reported that 150 Afghan businessmen are ready to invest in Chabahar port for boosting their business and economy of the country. They have stated that now no problem is stance against the Afghan businessmen not to invest in the following port, because …

Officials in Ministry of Rural Rehabilitation and Development have inaugurated the 13 construction projects in Darwaz district of Badakhshan province, the following projects cost 306 million Afghani and the construction work is practically underway. The following road which was inaugurated connects each areas of Yaftal payen, Kofhab, Khwahan, Raghistan, Nomi …

Ministry of Agriculture and Irrigation(MOAI) will be spending $ 160 million for the inhibition of water and paving agricultural lands. MoAI decides to pave 60,000 acres of agricultural lands and create five water canals which the project will be implemented in 30 provinces of the country. Deputy of the MoAI …

 Afghan leaders had committed to the World community to have its Ministers spend 60 percent of their budget before Brussels summit but during 8 months officials in Ministry of Education has been capable to spend only 15,5 percent of the budget. Officials in Ministry of Education has told no word …

Documents obtained by Ariana News indicates that a number of Ministries have failed to consume even 20 percent of their development budgets during 8 months. The documents listed Ministry of commerce and industry, Border and tribal, repatriation and refuges couldn’t spend the 20 percent of their budget since 8 months …

Officials in Afghanistan Presidential palace have made the 5 year draft policy on financial management, saying the following policy will avoid wasting the budget and taxation, and it will be also shared with the World donors in Brussels summit on October 2016. President Mohammad Ashraf Ghani said,” Reformation within the …

Officials in the Ministry of Mines and Petroleum have reported that a 500 million Afghani survey will be launched on discovering of Oil in Katawaz area of Paktika Province, saying a number of the companies have delivered their offers but none has been nominated yet. Economy experts have stated that …