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High prices; unsolved problem of Kabul residents

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(Last Updated On: April 30, 2020)

The residents of Kabul, criticizing the government, say that the prices of groceries are rising; an egg is sold for AFN 12 – AFN15, against the price designated by the Ministry of Agriculture, Irrigation and Livestock.

This comes as the Ministry of Agriculture, Irrigation and Livestock said that the production of eggs and chickens are sufficient enough inside the country and that the farmers have promised to reduce the prices by this week.

Officials in the animal products union said that banning the imports of eggs and chickens to Afghanistan has caused the rise in prices, asking for the imports to resume.

However, MAIL says that the production of eggs and chicken inside the country is on a sufficient scale – there is no need to import.

Officials in MAIL insisted that the farm owners promised to reduce the price of eggs and chickens this week.

It is noteworthy that the ministry has designated the price of one egg as AFN8.5 in Kabul, and AFN5 in Herat.

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Pakistan’s customs agent says exports to Afghanistan dwindle

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(Last Updated On: September 24, 2021)

Hundreds of trucks lined the winding, mountainous road leading to Torkhum, the Pakistan-Afghan border crossing on Thursday.

Pakistani officials say that is because exports to Afghanistan have dwindled in the days after the Islamic Emirate of Afghanistan (IEA) take over.

But some truck drivers were upbeat because they said the vegetable and fruit season in Afghanistan had helped increase exports of these items from the war-ravaged country.

Another Pakistani official at another Pakistan-Afghan border Chaman said trade had picked up because the IEA government had reduced taxes, and also put an end to bribes that traders and truck drivers had to pay to cross the border.

Afghan new government bolstered its economic team last week, naming a commerce minister and two deputies as the group tries to revive a financial system in shock from the abrupt end to billions of dollars in foreign aid.

Underlining the economic pressures building on Afghanistan’s new government, prices for staples like flour, fuel, and rice have risen and long queues are still forming outside banks as they strictly ration withdrawals.

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Motorists concerned about rising fuel prices in Afghanistan

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(Last Updated On: September 20, 2021)

Afghans have raised concerns over the increase in fuel prices on the local market, despite the resumption of fuel imports from neighboring countries.

Officials from Balkh’s Chamber of Commerce and Investment said last week that imports of fuel and gas through Hairatan and Aqina ports have resumed.

Motorists have however called on the Islamic Emirate to monitor and control market prices.

According to them, petrol currently costs 65 AFN per liter; diesel is 56 AFN; and gas costs between 72 and 80 AFN per kilogram in Kabul.

The Council of Fuel Merchants, however, says that limited access to cash and banking transactions, along with a monopoly of the industry by a few companies, are the key reasons for rising fuel prices.

Mohammad Asif, a member of the organization, stated: “If the Islamic Emirate wants to control the issue, they should control it at the [border] customs. Although [import] tariffs have been cut by 50%, prices are still high due to a monopoly of imports by some companies. They (merchants) set prices as they wish.”

Khan Jan Alokozay, Deputy Head of the Chamber of Commerce and Investment, stated: “The problem is that wholesalers have not set the market price, and when retailers distribute the goods to other areas that causes an increase in rates.”

People also called on property owners to reduce rental rates of houses in Kabul city, amid a looming economic crisis in Afghanistan.

Landlords, however, stated that the average rental has dropped by 50% compared to last year.

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Private sector calls for implementation of economic projects

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(Last Updated On: September 17, 2021)

Afghanistan’s private sector on Thursday called on the new government to implement large, regional projects saying this will create job opportunities, which will in turn reduce poverty and increase government revenue.

“There are many opportunities in the country. TAPI, CASA-1000, Railways, Belt and Road, [these] projects should be implemented; it is very important for the country. It is beneficial for Afghanistan. Taliban (Islamic Emirate) should take it seriously,” said Khan Jan Alokozay, a member of the Afghanistan Chamber of Commerce and Investment.

Some members of the country’s craftsmen association said the Islamic Emirate should start with projects that connect Central Asia to South Asia, in order to push Afghanistan’s economy.

“Our country has the capacity to implement large projects between Central Asia and South Asia. We call on Taliban (Islamic Emirate) to address the projects, said Abdul Jabar Safi, head of the association.

The Islamic Emirate meanwhile has stated that they are focusing on projects and that work on these will start soon.

Economic analysts, on the other hand, have stated that work on such projects should be accelerated.

“Attention should be paid to these projects, in order to move to a stable economy. Afghanistan needs such projects now,” said Abdul Wasi, an economic analyst.

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