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Covenants of citizen Program Officially inaugurated

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(Last Updated On: September 25, 2016)

2Afghan officials during a gathering have inaugurated the replacement of the National Solidarity program called covenant’s of citizens officially, the current program will last for 10 years, and its implementable within 34 provinces of Afghanistan with costing of $ 1 billion.

President Mohammad Ashraf Ghani talked about the implementation of the program in insecure areas and insisted that each institution involved within the programs will be accountable for one penny allocated.

Covenants of citizen Program is good alternative and replacement for National solidarity program with $ 1 billion fund, it will be implemented within the 12 thousand villages of 34 provinces of Afghanistan incoming 10 years.

President Mohammad Ashraf Ghani said,” The following program will be practiced without any discrimination, I assure it will be implemented even in unrest areas, from now onwards all our upcoming programs will be Nationwide.”

Further the President went on and insisted over the significant monitoring of the program and spending of its fund.

He said,” We can’t ensure transparency without monitoring; the biggest corruption is that we make poor people to borrow some money to access needed services.”

The General Director of World Bank Robert J Sam in Afghanistan urged that the following program will help poverty to be decrease and people can have access to good services.

He said,” World Bank board will discuss $ 100 million grants with Afghanistan officials next week the following program will decrease poverty and enable Afghans to access good services.”

Meanwhile Chief Executive Abdullah Abdullah insisted over the close monitoring of the program .

He said,” the main objectives of the following program is to decrease poverty, unemployment, and empowering of women.”

Meanwhile Minister of Finance Iklil Hakimi said,” the importance of the program is to decrease poverty help displaced people, migrants and widows.”

“ covenant’s citizen program will pave the way for accessing health training services, improving of Agriculture and providing drinkable water Minister of Rural Rehabilitation and Development Naseer Ahamd Durani said,”

The covenant’s citizen program will provide jobs for 66190 Afghans, World Bank urged in the first phase will enable 8,5 million Afghans to access the basic services, and 3, 4 villagers will also be accessing drinkable water within the 12 thousand villages.

Reported by Fawad Nassiri

 

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Covid-19 impacts; Afghanistan’s exports on hold

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(Last Updated On: June 3, 2020)

Afghanistan’s exports to other countries have been stalled due to the outbreak of the Coronavirus and no alternatives have been considered yet.

The Afghanistan Chamber of Commerce and Investment (ACCI) blames the government for failing to remove hurdles in Afghanistan’s exports, saying that the private sector will lose millions of dollars if trade with neighboring countries does not resume.

Officials in ACCI say that trade routes with neighboring countries have been blocked since the outbreak of the coronavirus, and the government has failed to find alternatives.

On the other hand, experts attribute the lack of work capacity in the Ministry of Commerce and Industry of Afghanistan to the decline in exports to other countries.

“Officials at the Ministry of Commerce and Industry of Afghanistan have failed to come up with a basic plan for exports and investment in the country,” experts say.

With the outbreak of the Coronavirus in the country, a number of countries, including Iran and Pakistan, have closed their borders with Afghanistan.

In addition to the cessation of Afghanistan’s exports, this act sparked prices to rise domestically.

Meanwhile, experts and traders believe that the government should look for alternative ways to keep the drift of export and import alive.

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Unprecedented growth in watermelon harvest – Farah

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(Last Updated On: June 2, 2020)

This year, more than 789,000 tons of watermelon will be harvested in Farah province.

The Ministry of Agriculture and Livestock said that the figure is up 6 percent compared to that of last year.

Officials at the Ministry of Agriculture and Livestock say that this year’s watermelon harvest in Farah province will be 789,400 metric tons. According to the officials, about 19,000 hectares of land have been cultivated  for watermelon in Farah province this year.

Meanwhile, a number of farmers in Farah province are worried about the lack of markets for the watermelon products.

They say that if there is no market, their products will be wasted.

This comes as a number of farmers in the province say that if the government doesn’t support the marketing of watermelon products in this province, their products will be destroyed this year.

Officials in the Chamber of Commerce and Investment have criticized the government, saying that the Ministry of Commerce should have previously marketed domestic products.

According to them, the government’s negligence will discourage farmers from producing crops.

They say South Asian countries are the best market for watermelon, but claim that Pakistan has blocked the export of the product to a number of countries.

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Da Afghanistan Bank sees increase in gross reserves

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(Last Updated On: June 1, 2020)

The gross domestic product (GDP) of the central bank of Afghanistan, Da Afghanistan Bank, has reached more than $9 billion for the first time.

Officials at the bank said that although the global aid to Afghanistan has declined, they have succeeded to increase the bank’s reserves.

Economists also underline that the central bank’s efforts will lure global funds.

The bank’s authority has stated that they have, for the first time, been able to increase the GDP to over $9 billion.

According to them, last year about AFN22 billion was deposited in the government reserves through investments in foreign financial institutions.

Although the Coronavirus pandemic has devalued Afghan currency against the dollar, the authority is pushing for effective programs to keep the value of the currency afloat, they said.

Welcoming the strengthening of the gross reserves of DAB, experts say that the central bank’s efforts would attract global funds for good.

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