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
Ariana Afghan Airlines boost air trade with arrival of new cargo aircraft
The Ariana Afghan Airlines press office says this achievement marks an important stride toward strengthening national trade and promoting Afghanistan’s path to economic self-reliance.
Ariana Afghan Airlines has announced a major development in the country’s air-transport sector, confirming that a long-awaited charter cargo aircraft has been officially contracted and will arrive in Afghanistan soon. The move is being hailed as a “significant and facilitative breakthrough” for national traders.
Bakht-ur-Rahman Sharafat, the head of Ariana Afghan Airlines, says the finalization of this contract reflects the leadership’s firm commitment to supporting Afghanistan’s growing trade sector. “This new cargo aircraft is part of Ariana’s broader plan to strengthen exports and provide fast, reliable, and competitive air-transport services for Afghan traders,” Sharafat stated.
According to Ariana officials, the addition of the new cargo aircraft will greatly enhance commercial air-transport services. It is expected to ensure timely delivery of goods, reduce transportation costs, and significantly increase the country’s export capacity.
Economic experts believe this step will not only offer substantial facilities to traders but will also play a key role in Afghanistan’s economic development and the expansion of its export markets.
Ariana’s leadership says the cargo aircraft will open new avenues for accelerating and securing the movement of both export and import goods, while fostering healthy competition within the nation’s aviation sector.
The Ariana Afghan Airlines press office says this achievement marks an important stride toward strengthening national trade and promoting Afghanistan’s path to economic self-reliance.
Business
IEA demands assurances from Islamabad before trade routes reopen
Mujahid noted that Afghanistan is currently meeting its essential import needs through a range of regional partners, and therefore will not rush to resume commerce with Pakistan without clear assurances.
The Islamic Emirate of Afghanistan (IEA) has said that the reopening of trade and transit routes with Pakistan will depend on Islamabad providing firm guarantees that these corridors will not again be used as instruments of political pressure.
In a statement released on social media, IEA spokesperson Zabihullah Mujahid accused Pakistan of having “illegally and politically” closed key border routes in recent months, a move he said caused “serious harm to the people on both sides of the Durand Line.”
Mujahid noted that Afghanistan is currently meeting its essential import needs through a range of regional partners, and therefore will not rush to resume commerce with Pakistan without clear assurances.
He said the IEA wants trade to take place in a “dignified and mutually beneficial” manner and made clear that any reopening will require Islamabad to commit to keeping commercial corridors free from political interference.
“Trade routes with Pakistan will only be reopened once strong assurances are received from the Pakistani government,” he said, adding that the guarantees must ensure Pakistan cannot again weaponise transit access or disrupt legitimate trade.
According to the IEA, the priority is to safeguard traders’ rights, stabilise cross-border transit, and ensure that the economic needs of the population are not influenced by political disputes.
The IEA said any step toward reopening the routes must be built on mutual respect and a long-term commitment to cooperation.
Business
Ariana Airlines deepens cooperation with Turkish Airlines
Both sides agreed to form joint technical and operational teams to advance cooperation and strengthen the regional air transport network.
Ariana Afghan Airlines and Turkish Airlines have moved to strengthen their aviation partnership following a high-level meeting between Ariana CEO Bakht-ur-Rahman Sharafat and Turkish Airlines CEO Bilal Ekşi.
According to Ariana Afghan Airlines, the discussions centered on expanding air transport connectivity, improving passenger and cargo services, and increasing the exchange of technical and operational expertise between the two carriers.
Sharafat praised Turkish Airlines for its global reach and operational standards, noting that the airline’s experience could play a vital role in enhancing air travel, trade, and tourism between Afghanistan and Turkey.
Ekşi commended Ariana’s recent improvements and said Turkish Airlines would support capacity-building initiatives, including technical training, aircraft maintenance, and operational enhancement programs.
Both sides agreed to form joint technical and operational teams to advance cooperation and strengthen the regional air transport network. The move marks a significant step toward deeper aviation collaboration between the two countries.
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