Connect with us

Latest News

Half of all Afghans are living in poverty: World Bank

Published

on

(Last Updated On: )

Poverty affects one in every two Afghans, while about 15 million people are food insecure, the World Bank said in its latest report on Afghanistan published Tuesday.

The report said that consumer prices continue to decrease because of persistent economic weakness and reduced demand, prolonging the deflationary trend that began in April 2023.

Deflation dynamics reflect the impact of depleted household savings, reduced public spending, and shocks to farmer income from poppy cultivation bans, the report said.

On trade, the report said that exports amounted to US$1.3 billion between January to September, representing a slight decrease of 0.5 percent compared to the same period in 2022. Imports reached US$ 5.7 billion, showing a 27 percent growth compared to the same period in 2022.

On the value of Afghan currency, the report said that it appreciated by 20.2 percent against the US dollar between January 1 and October 23.

The report also said that revenue collection for the first seven months of 2023 reached 105 billion Afghanis, which is 5 percent below the target. However, revenue collection increased 1.2 percent compared to the corresponding period in the previous year. Border taxes account for 58 percent of total revenue.

Latest News

Next German chancellor: We need to learn from experience in Afghanistan

Published

on

(Last Updated On: )

Friedrich Merz, who is projected to become Germany’s next chancellor, has been cautious about the debate about European troops in Ukraine after the peace deal.

“We have learnt that you should not go anywhere if you do not know how to get out. We have to learn from the experience in Afghanistan,” he said in an interview.

Some European leaders have proposed sending European troops to Ukraine as part of a peace deal with Russia.

Moscow, however, has rejected the proposal.

Continue Reading

Latest News

Islamabad says Afghanistan is trying to build border post on Pakistani territory

Published

on

(Last Updated On: )

Pakistan’s foreign ministry said on Friday that the Islamic Emirate of Afghanistan (IEA) is trying to establish a border post on Pakistani territory.

Shafqat Ali Khan, Pakistan’s foreign ministry spokesperson, made the remarks at a press conference a week after Pakistan closed the key Torkham crossing to travellers and trade.

He called on the Islamic Emirate to resolve issues through bilateral mechanisms such as the Joint Coordination Committee.

The Pakistani Foreign Ministry spokesman also said the international community should address the issue of US military equipment left behind in Afghanistan.

“The question of weapons left behind by the US remains a serious concern for us for one particular reason, that those weapons are being used by the terrorists for attacks inside Pakistan,” Khan said, noting that Islamabad had been raising the issue with American officials.

This comes as US President Donald Trump has called for the return of American military equipment left in Afghanistan.

The Islamic Emirate, however, has said the equipment now belongs to Afghans and would not be returned. The Islamic Emirate has also dismissed concerns about the use of such equipment against other countries.

The Pakistani Foreign Ministry spokesman also sought clarity from the US on its policy about the resettlement of Afghan refugees in third countries.

“If a country is not willing to take them back, and if any of them lack valid visas or residency status, they would be deemed illegal. In such cases, our policies governing undocumented individuals will determine our course of action,” he said.

A large number of Afghan migrants are in Pakistan for the purpose of resettling in the United States. Pakistan has announced that it will deport illegal immigrants.

Continue Reading

Latest News

IEA condemns the attack on Darul Uloom Haqqania in Pakistan

Published

on

(Last Updated On: )

The Islamic Emirate in a statement on Friday strongly condemned the attack on Darul Uloom Haqqania seminary in Pakistan’s Khyber Pakhtunkhwa, which resulted in the death of Hamid-ul-Haq Haqqani, the deputy administrator of the seminary. 

According to the statement issued by IEA’s spokesman Zabihullah Mujahid, the “martyrdom” of Hamid-ul-Haq Haqqani is described as a “great loss for scholarly and religious institutions.” 

The Islamic Emirate also expressed condolences to Hamid-ul-Haq Haqqani’s family, friends, and students.

Continue Reading

Trending

Copyright © 2024 Ariana News. All rights reserved!