Connect with us

Business

Da Afghanistan Breshna Sherkat Failed to Spend Development Budget

Published

on

(Last Updated On: )

2According to the documents,  Da Afghanistan Breshna Sherkat officials have failed to spend determined allocated amount of the development budget for the year of 1395, only 25percent of the budget was spent.

Kabul residents have criticized the officials in Da Afghanistan Breshna Sherkat for failing to spend the budget amid the Kabul residents are experiencing dark nights since decades.

Kabul Resident Majnoon Ahmadzai said, “Electricity comes every night after which is not acceptable for my family and I.”

“ Power comes every night after here in the capital city of Kabul on winter season, and people are not satisfied with electricity bills.” Baseer the other Kabul resident said.

Economy experts have criticized the poor capacity of the staffs in Da Afghanistan Breshna Sherkat.

Economy expert Najmuddin Asas said, “ There are huge and serious problem in the management system of the Da Afghanistan Breshna Sherkat, more attention should be drawn, initiatives should be launched, they should enlighten the house of every Afghans in this country, spending of only 25 percent of the budget is huge crisis.”

“ Da Afghanistan Breshna Sherkat cannot be safe from the following issue Poor management, having no clear policy for spending the allocated budget, complicated policy which are forced to be implemented either by the International community and the Government.” Economy Shaber Basheri said.

Kabul residents are criticizing the officials in Da Afghanistan Breshna Sherkat for not doing enough to maintain power on winter season for the residents of the capital city of Kabul.

Failing of the officials in Da Afghanistan Breshna Sherkat comes after those 1 Ministers were summoned by the lower house of the parliament for failing to consume the development budgets of the 1394 where 7 of the Ministers were dismissed.

Reported by: Aslam Hejaab

Advertisement

Business

Oman and Afghanistan explore ways to further enhance bilateral trade relations

During the meeting, Rawas and Muttaqi agreed to facilitate trade exchange between the two countries and utilize the available opportunities for mutual benefit.

Published

on

Mutaqqi in Oman
(Last Updated On: )

Faisal Abdullah Al Rawas, Chairman of Oman Chamber of Commerce and Industry (OCCI) met with Amir Khan Muttaqi, the Acting Minister of Foreign Affairs of Afghanistan, for talks on boosting trade relations between the two countries.

The meeting comes within the context of promoting relations between Oman and Afghanistan in the economic and trade sectors.

The two sides discussed ways to expand cooperation in the fields of trade, investment and economy, as well as developing ties in the logistics and tourism sectors.

They also touched on supporting joint projects that contribute to stimulating economic growth.

The two sides underlined the importance of exchanging experiences and knowledge in those fields.

During the meeting, Rawas and Muttaqi agreed to facilitate trade exchange between the two countries and utilise the available opportunities for mutual benefit.

Muttaqi traveled to Oman on Sunday. The foreign ministry announced that the trip was made at the invitation of the Omani Foreign Minister.

Continue Reading

Business

Iran’s non-oil export to Afghanistan up 31% in 10 months

Iran exported non-oil commodities valued at $1.9 billon to Afghanistan between March 20 last year and January 19 this year.

Published

on

(Last Updated On: )

The value of Iran’s non-oil export to Afghanistan increased by 31 percent in the first ten months of the Persian calendar against the same period last year, Tehran officials confirmed.

The Tehran Times reported that Iran exported non-oil commodities valued at $1.9 billon to Afghanistan between March 20 last year and January 19 this year.

The spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade, Ruhollah Latifi, said Afghanistan was the fourth top export destination of Iranian products among Iran’s neighbors in the mentioned ten months.

In a meeting with an Iranian trade delegation in Kabul last August, Afghanistan’s interim Deputy Prime Minister Mullah Abdul Ghani Baradar Akhund said that his country is eager to attract Iranian investors in order to develop the Afghan mining industry, generate solar electricity and expand railway connectivity.

The Iranian delegation also proposed to launch a joint special industrial zone with Afghanistan.

Noting that Afghanistan has turned into a good place for making investment, Baradar said that the relevant ministries and organizations will cooperate and work closely with investors.

The Iranian delegation, made up of economic and trade players, also held a separate meeting with Afghanistan’s acting minister of commerce Haji Nooruddin Azizi. They called for the formation of a joint economic-mining zone between the two neighboring countries.

Continue Reading

Business

Commerce Ministry signs MoU with 15 enterprises

Published

on

(Last Updated On: )

The Ministry of Industry and Commerce (MoIC) says it has signed memoranda of understanding worth over $12 million with 15 organizations to support and develop small and medium enterprises (SMEs).

During the signing ceremony, ministry officials emphasized that project implementation must prioritize support for individuals genuinely engaged in economic activities.

The ministry stated that 7,673 people in Kabul, Paktia, Paktika, Khost, Balkh, Kandahar, Logar, Kunduz, Baghlan, Badakhshan, Badghis, Faryab, Jowzjan, Nangarhar, Takhar, and Bamyan provinces will benefit from these initiatives. 

The ministry’s spokesman Abdul Salam Jawad Akhundzada said, “These 15 organizations will execute developmental, skill-building, and educational projects valued at $12,475,406, focusing on entrepreneurship training, carpet industry development, jewelry, and handicrafts.”

Private sector representatives welcomed the move, stating that supporting SMEs will positively impact Afghanistan’s economic and developmental activities.

They added that consistent investment in the carpet industry could curb widespread unemployment and play a pivotal role in rural economic development. 

Private sector members further noted that small businesses fulfill essential livelihood needs for communities and will contribute to training professional and technical personnel, as well as fostering growth in large-scale industries. 

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2024 Ariana News. All rights reserved!