Business
Coronavirus: World Bank grants $100.4 Million in aid to Afghanistan
The World Bank on Thursday approved a $100.4 million grant for Afghanistan to fight the pandemic COVID-19 in the country.
The World Bank said in a statement that the aid is dedicated to Afghanistan for the COVID-19 Emergency Response and Health Systems Preparedness Project to help Afghanistan take effective action to respond to the threat posed by COVID-19 and strengthen its public health preparedness.
“This new fast track package will cover all 34 Afghan provinces and reinforce essential health care services to slow down the spread of COVID-19 across Afghanistan and deliver optimum care in the case of a surge in demand for treatment,” the statement said.
The statement noted that the financing will support infected people, at-risk populations, medical and emergency personnel as well as service providers, medical and testing facilities, and national health agencies.
The project is financed by a grant from the International Development Association (IDA), the World Bank Group’s fund for the poorest countries, in the amount of $100.4 million, of which $19.4 million is provided from the World Bank’s COVID-19 Fast-Track Facility. It will be implemented by the Ministry of Public Health supported by UN agencies and service providers already working under the Sehatmandi project.
“The World Bank stands firm with the Afghan government and people to fight the spread of COVID-19 in the country,” said , World Bank Country Director for Afghanistan.
“This emergency support package will help Afghanistan’s health system mitigate the impact of an outbreak and strengthen health services. The World Bank, together with the Government of Afghanistan and other partners, will work tirelessly to implement this project and is committed to helping Afghanistan lessen the impact posed by COVID-19 in the most effective way,” Kerali added.
The project will also help address significant negative externalities expected in the event of a widespread COVID-19 outbreak, including comprehensive health awareness and behavior change campaigns.
It comes as the number of positive cases for the Coronavirus has risen to 274 with six deaths in Afghanistan.
Business
Afghanistan and Uzbekistan agree on export of 100,000 tons of Bamyan potatoes
Cooperation between the Afghanistan Chamber of Commerce and Investment and the Uzbekistan Chamber of Commerce has paved the way for exporting potatoes from Bamyan province to the Uzbek market.
In this regard, Sayed Karim Hashemi, President of the Afghanistan Chamber of Commerce and Investment, and Doran Vahabov, President of the Uzbekistan Chamber of Commerce, have agreed on the export of 100,000 tons of Bamyan potatoes to Uzbekistan. Work is underway to finalize the export agreement.
Meanwhile, the first shipment of potatoes, consisting of eight trucks, has departed for the Uzbek city of Termez through the Hairatan Port.
The chambers of commerce of both countries, in cooperation with local authorities in Bamyan, have facilitated connections between traders and farmers and coordinated the purchasing, marketing, and transportation of the produce. This initiative is expected to expand market opportunities for Bamyan farmers and strengthen trade between Afghanistan and Uzbekistan.
Business
Afghan deputy commerce minister travels to India for trade fair in Delhi
Afghanistan’s Deputy Minister of Industry and Commerce, Ahmadullah Zahid, has travelled to India to attend the India International Trade Fair (IITF) 2026 in New Delhi.
The ministry said Zahid is scheduled to meet senior Indian government officials, trade representatives and investors during the visit.
Discussions are expected to focus on expanding bilateral trade and economic relations, increasing trade between the two countries, exploring new markets for Afghan products and identifying opportunities for joint investment.
The ministry said the visit aims to strengthen trade cooperation, promote Afghanistan’s production and export potential, and create new opportunities for economic engagement between Kabul and New Delhi.
The 45th India International Trade Fair (IITF) 2026 takes place from November 13 to November 27 in New Delhi.
Business
Afghanistan hosts dialogue on Islamic microfinance to expand access to Sharia-compliant financial services
Participants also explored practical solutions and future steps to strengthen the sector, emphasizing the importance of cooperation, knowledge-sharing and better coordination among relevant institutions.
A dialogue on Islamic microfinance was held in Kabul on Wednesday, bringing together representatives of financial institutions, government authorities, international partners and Afghanistan’s microfinance sector to discuss ways of expanding inclusive financial services in the country.
The event was organized by The Liaison Office in coordination with the Afghanistan Microfinance Association (AMA), Da Afghanistan Bank (DAB) and the Indonesian Embassy in Kabul.
Participants discussed opportunities and challenges facing the development of Islamic microfinance services, with a focus on expanding access to financial products that comply with Islamic Sharia principles.
Representatives of AMA, Da Afghanistan Bank and the Indonesian Ambassador to Afghanistan delivered keynote remarks, highlighting the current situation of the microfinance sector, international experiences and opportunities for developing diverse Islamic financial products.
Two panel discussions focused on major challenges facing microfinance institutions, including structural barriers to growth, limited access to capital, funding and liquidity constraints, difficulties in securing guarantees, and the long-term sustainability of Islamic microfinance services.
Participants also explored practical solutions and future steps to strengthen the sector, emphasizing the importance of cooperation, knowledge-sharing and better coordination among relevant institutions.
The dialogue concluded with calls for stronger collaboration among financial institutions and development partners to improve access to inclusive, sustainable and Sharia-compliant financial services across Afghanistan.
-
Sport4 days agoOmar Zawak thrash Istiqlal Kabul 5-1 in ACL
-
World5 days agoTrump says further US attacks on Iran ‘highly unlikely’ as peace talks gain momentum
-
Latest News4 days agoAfghan embassy in Kuwait discusses situation of Afghan prisoners with Kuwaiti officials
-
Health5 days agoGerman medical team launches free surgical mission at Bamiyan provincial hospital
-
Business4 days agoIraqi intelligence report alleges oil smuggling network supplying Afghanistan and Turkey through Iran
-
Latest News5 days agoIEA rejects US travel warning, says no threat to foreign nationals in Afghanistan
-
Business5 days ago$30 million pharmaceutical investment launched in Herat as new production line opens
-
Latest News4 days agoAfghanistan and Russia discuss expanding economic ties and boosting bilateral trade
