Business
IEA directs commission to take urgent steps to stabilize Afghan currency
The Islamic Emirate of Afghanistan (IEA) on Monday held a minister’s council meeting at the Presidential Palace to find ways to stabilize the weakening Afghan currency.
IEA deputy spokesman Inamullah Samangani said in a tweet that the council directed the economic commission headed by Mawlawi Abdul Salam Hanafi to take urgent steps to stabilize the Afghani against the US dollar in coordination with all economic institutions.
“The commission was also tasked to take serious steps to prevent the smuggling of dollars, the spread of fake Afghan currency and eliminate other factors that have a negative impact on the value of the Afghan currency, and continue to urgently identify ways to stabilize the Afghan currency,” Samangani tweeted.
Meanwhile, Afghanistan’s Central Bank is meeting with money exchangers, commercial banks and business leaders on Tuesday in the hope of also finding ways to stabilize the value of the Afghani – which has fallen sharply in the last week against the US dollar.
This worrying drop in value of the Afghani against the dollar comes amid a deepening economic and humanitarian crisis and has led to a sharp increase in the price of goods, including essential items like food and fuel.
Officials from the Money Exchange Union in Sarai Shahzada, (Afghanistan’s largest money exchanging market) said on Monday the exchange rate was 123 AFN to the dollar, after sliding from 110 AFN to the dollar on Sunday.
A month ago, it was under 90 AFN to the dollar.
Union officials said part of the problem was due to rumors being spread by some money changers, who have since been let go.
On Monday, the market’s “Boli” section, which determines the value of the AFN and deals with large transactions, was closed.
Meanwhile, local media reported on Tuesday that a money changer suffered a stroke inside his shop in Farah province following the drop in value of the AFN.
According to shop owners in the area, the money changer had owed a significant amount of money to lenders and died as the AFN dropped.
Business
Pakistan, China plan to extend CPEC to Afghanistan, revive trilateral framework
The proposed CPEC expansion into Afghanistan is seen as a move to enhance regional economic integration amid shifting geopolitical dynamics.
Pakistan and China are moving forward with plans to extend the China-Pakistan Economic Corridor (CPEC) into Afghanistan, a strategic step aimed at bolstering regional connectivity and economic cooperation. The expansion, along with the revival of the Pakistan-China-Afghanistan trilateral framework, was discussed in a recent briefing to the Pakistani Senate Standing Committee on Foreign Affairs.
According to Pakistan Today, officials from Pakistan’s Ministry of Foreign Affairs outlined the details during a session in Islamabad, where they reviewed key aspects of Pakistan’s foreign relations, regional developments, and economic diplomacy.
Officials emphasized that Pakistan’s relationship with China remains strong, underscoring the “all-weather” strategic partnership between the two nations. Strengthening ties with Beijing, they stated, continues to be a cornerstone of Pakistan’s foreign policy. This includes unwavering support for China’s position on regional and international issues, particularly the One-China policy and matters related to territorial integrity.
The briefing also touched upon China’s consistent backing of Pakistan in various areas, including sovereignty, economic stability, counter-terrorism, and support for Pakistan’s exit from the Financial Action Task Force (FATF) grey list.
The Kashmir issue was also addressed, with officials noting that China considers it an unresolved matter and advocates for a peaceful resolution in line with UN Security Council resolutions.
The proposed CPEC expansion into Afghanistan is seen as a move to enhance regional economic integration amid shifting geopolitical dynamics. Officials stated that reviving the trilateral framework is part of broader efforts to foster greater cooperation and connectivity in the region, with an eye on long-term stability and prosperity.
The move also reflects both countries’ desire to further integrate Afghanistan into the regional economic landscape, a key element in fostering peace and development.
Business
Uzbekistan–Afghanistan trade rises to $1.6 billion in 2025
Trade relations remain largely export-driven, with Uzbekistan supplying Afghanistan primarily with food products, energy resources, and industrial goods.
Trade between Uzbekistan and Afghanistan rose sharply in 2025, reaching $1.6 billion, according to official data released by Uzbekistan’s National Statistics Committee.
The figure represents a 45.5 percent increase from $1.1 billion in 2024 and an 84.4 percent rise compared with 2023, when bilateral trade stood at $867.5 million, highlighting rapid growth in economic exchanges between the two countries.
Uzbekistan’s exports to Afghanistan accounted for the vast majority of the trade volume, totaling $1.5 billion, or 93.8 percent of overall bilateral turnover. Trade relations remain largely export-driven, with Uzbekistan supplying Afghanistan primarily with food products, energy resources, and industrial goods.
The surge in trade comes as Uzbekistan’s total foreign trade turnover reached $81.2 billion in 2025, reflecting broader efforts to expand and diversify external economic ties. By the end of the reporting period, Uzbekistan maintained trade relations with 210 countries.
China remained Uzbekistan’s largest trading partner, accounting for 21.2 percent of total trade, followed by Russia (16.0 percent), Kazakhstan (6.1 percent), Türkiye (3.7 percent), and the Republic of Korea (2.1 percent).
The latest figures underscore strengthening economic ties between Uzbekistan and Afghanistan amid efforts to boost regional trade and connectivity.
Business
Turkish firm eyes investment in Afghanistan’s power infrastructure
Technical assessments are also planned in various provinces to evaluate the potential for increased electricity generation from existing water resources.
A Turkish electrical equipment company has expressed strong interest in investing in Afghanistan’s hydropower sector, focusing on the installation of new-technology turbines and the rehabilitation of existing power generation facilities, according to Da Afghanistan Breshna Sherkat (DABS).
DABS Chief Executive Officer, Abdul Haq Hamkar, met with Mr. Günay Küsay, a senior engineer and representative of Turkey’s Marbeyaz company, to discuss potential cooperation in hydropower development, modernization of equipment, and the installation of advanced electricity generation systems.
During the meeting, Hamkar welcomed the Turkish delegation and said that all necessary facilities and incentives have been put in place to encourage both domestic and foreign investment in Afghanistan’s electricity and electrical equipment production sectors. He emphasized that investors are free to invest across relevant fields within the energy sector.
Mr. Küsay praised the leadership of DABS and said Marbeyaz is keen to invest in electricity generation from Afghanistan’s water resources, rehabilitate existing hydropower turbines, install modern high-capacity turbines, and contribute to strengthening the technical capacity of local staff.
At the end of the meeting, both sides agreed to hold joint technical sessions between DABS and Marbeyaz experts. Technical assessments are also planned in various provinces to evaluate the potential for increased electricity generation from existing water resources.
DABS said that improved security, economic stability, and transparent governance have helped create a more favorable environment for international companies to invest in Afghanistan’s power generation and electrical equipment production sectors.
-
Sport3 days agoAFC Futsal Asian Cup 2026: Day One Review
-
Sport4 days agoAfghanistan’s Mahdi Norouzi ruled out of AFC Futsal Asian Cup due to injury
-
Sport3 days agoScotland name Afghanistan-born Zainullah Ihsan in T20 World Cup squad
-
Sport2 days agoAfghanistan shine on Day Two of AFC Futsal Asian Cup Indonesia 2026
-
Sport2 days agoAfghanistan eye second straight win ahead of Malaysia clash at AFC Futsal Asian Cup
-
Business4 days agoAfghanistan’s exports drop sharply in December 2025: World Bank
-
Latest News2 days agoAustralia announces $50 million in new humanitarian aid for Afghanistan
-
Regional4 days agoEU and India move toward closer defence ties amid shifting global security landscape
