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DAB suspends operations of money changers in five provinces

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Da Afghanistan Bank (DAB) said Wednesday activities of unlicensed money changers in Herat, Khost, Helmand, Ghazni and Kandahar provinces have been suspended.

This includes money changers who have not obtained trading licenses and money changers who have not extended their licenses.

DAB spokesperson Hasibullah Noori said the institution wants to provide financial services through companies.

The money changers, however, said they support the monetary policy of the central bank, adding that they should be given a license to operate and facilities should be provided for them in the distribution of the license.

Meanwhile, economic experts stated that money changers should be regulated.

“The only way that you can prevent the smuggling of dollars out of Afghanistan and prevent money laundering to a large extent is setting up a system for money changers,” said Shabir Ahmad Bashiri, an economist.

DAB officials stated only money changers who are licensed to operate will be allowed to conduct business.

DAB has already distributed permits to more than 1,000 money changers across the country – all of whom work through companies.

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Hekmatyar: We need a legitimate government in Afghanistan

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Gulbuddin Hekmatyar, a former jihadi leader, has expressed concern about the current situation in the country, saying Afghanistan faces “threats and gaps”.

Speaking at an event on his book about Islamic economics, Hekmatyar said that to overcome the existing problem, a legitimate government should be established and a constitution should be drafted as a national charter.

“We are facing significant gaps,” he said. “The country needs a heavy council. This is a void that needs to be filled. We need a legitimate government with clear responsibilities and powers. Unfortunately, today we do not have a national charter and a constitution.”

Hekmatyar also added that people are concerned about the situation in Afghanistan and are fleeing the country.

“People are fleeing the country,” he said. “Instead of a large part of our eight million refugees returning and resettling in the country over the past three years, more people have fled. Iran, Pakistan, Turkey, Arab countries, Western countries and the United States are deporting migrants, but unfortunately the number of migrants has not decreased.”

Hekmatyar also said that people should be involved in national issues and issues that concern to the fate of the people.

The Islamic Emirate has not commented on Hekmatyar’s latest remarks.

 

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Japan and UNHCR sign $6 million agreement to promote livelihoods

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The Government of Japan and the United Nations High Commissioner for Refugees have signed a new $6 million agreement for a project to promote vital livelihoods opportunities for forcibly displaced Afghans, including refugee returnees, as well as the communities supporting them.

The new project is funded by the Government of Japan through the Japan International Cooperation Agency (JICA).

Under the partnership, various activities will be launched to empower vulnerable populations, prioritising women, in several UNHCR-designated priority areas where there are high numbers of returnees and displaced.

Activities will include constructing and operationalising dairy processing and production centres for women; building cold storage facilities to support fresh vegetable farming; building greenhouses; a new carpet weaving processing centre and a silk weaving processing and production facility, and business and market centres.

Other interventions will include training and capacity-building, including setting up and supporting local co-operatives to ensure the facilities are fully operationalized and effectively utilized.

The initiatives are designed to provide sustainable income opportunities, supporting self-reliance, helping to reduce vulnerabilities to economic and other shocks, while also empowering people, especially women, to contribute to their communities and make decisions about their future.

“We are delighted to work with JICA on these important efforts aimed at building resilience for refugee returnees, forcibly displaced persons and host communities, with a particular focus on women”, said UNHCR’s Representative in Afghanistan, Arafat Jamal.

“It is crucial to create new opportunities for economic inclusion. Not only does it reduce displaced persons’ dependency on humanitarian aid, but it boosts dignity and prosperity for the entire community.”

The Ambassador of Japan to Afghanistan, Takayoshi Kuromiya, said: “The Government of Japan is committed to continue supporting Afghanistan, especially through projects in agriculture and community-based infrastructure that are inclusive and sustainable and offer opportunities for women.

“We hope this project will help to reduce vulnerabilities, build social cohesion and create stronger communities”.

The interventions will be rolled out in various locations across Afghanistan, including Balkh, Herat, Kabul, Kandahar, Logar and Paktiya provinces, which host large numbers of returnees and displaced populations.

The project aims to alleviate pressure on host communities, strengthen social cohesion and create conditions for sustainable reintegration.

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Baradar warns of depleting water resources at Kabul conference

He warned that water resources are continuously depleting, which has negatively impacted political and economic relations among countries.

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Afghanistan’s Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar Akhund, addressed participants at the International Water Research Conference in Kabul on Monday and emphasized that sustainable water management is essential if the country hopes to compete globally and attain economic success.

He stated it was essential to the survival of humans, animals and plants and that Islam mandates the responsible use of water in an Islamic society.

Baradar pointed out that although water is a renewable natural resource, it is increasingly becoming scarce due to climate change, rising water pollution, increasing human demand, and improper water usage.

He warned that water resources are continuously depleting, which has negatively impacted political and economic relations among countries.

“Afghanistan possesses vast natural water resources and reserves. However, due to various reasons, there has not been a professional and national approach toward this immense blessing throughout the country’s modern history.

“Therefore, it is now our collective responsibility to take fundamental steps toward effective water management by utilizing all available resources and means,” he said.

Baradar stated that the Islamic Emirate of Afghanistan (IEA) is making efforts to ensure the proper utilization and management of the country’s water resources; one such example being the Qosh Tepa Canal and the construction and rehabilitation of several dams.

He also acknowledged attending university professors and other experts for sharing research findings and urged them to continue their work.

The International Water Research Conference, which is being held at the Loya Jirga Hall, will run for three days. It is a joint initiative by the Ministry of Higher Education and Kabul Polytechnic University.

The primary objectives of the conference include: improving water management in the country, replenishing underground water resources, ensuring proper utilization of water, and preventing water pollution.

The conference has brought together officials from government institutions, professors from prestigious foreign universities, representatives of international organizations, and domestic and international experts in water management.

A total of 135 research papers will be presented during the conference.

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