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IEA welcomes World Bank report, urges resumption of incomplete projects
The Islamic Emirate of Afghanistan (IEA) on Saturday welcomed the World Bank’s report issued this week and in turn called on the institution to resume incomplete projects that it had been working on in the country prior to the collapse of the former government.
The Office of Deputy Prime Minister for Economic Affairs said in a statement that it welcomes all the “positive points based on objective facts” in the report, which was a clear indication of Afghanistan’s actual economic development and mobility.
“The Islamic Emirate of Afghanistan believes that if the current restrictions on Afghanistan’s banking sector are lifted and the frozen assets are released, the economic situation of the country will take faster steps towards improvement and stability, and the burden on the international community will be lessened,” the statement read.
Earlier this week the World Bank reported that the price of food and fuel in Afghanistan has decreased, the value of the Afghan currency has remained stable against foreign currencies, there has been a significant increase in exports, and the salaries of government employees have been paid on time. In addition, the report noted that national revenues had also increased.
The IEA also called on all international organizations to raise awareness of the real situation in Afghanistan by pointing out the advancements made in Afghanistan, particularly in the economic sphere.
The statement called on international aid agencies and organizations to finance development initiatives in Afghanistan that will lower unemployment and improve the country’s economic situation.
The Ministry of Mines and Petroleum of Afghanistan has signed a 30-year agreement with a private company to extract marble in Daikundi province.
Under the contract, the company will invest AFN 283 million in exploring and mining marble at the “Mesh-Uliya” site, spanning 16.74 square kilometers in central Daikundi.
Hedayatullah Badri, Minister of Mines and Petroleum, stated that the marble will be processed domestically before being exported abroad. He added that the Mesh-Uliya project is expected to create around 200 jobs, and the company is committed to supporting local communities through social initiatives.
Economic experts highlight that such investments, especially those focusing on domestic processing, are crucial for job creation, boosting exports, and strengthening the national economy. Analysts further note that the project will improve local infrastructure, expand social services, and enhance the economic and social well-being of Daikundi residents.
Since the return of the Islamic Emirate to power, efforts to develop Afghanistan’s mining sector have intensified, with multiple contracts signed in areas including cement, copper, iron, and lapis lazuli, involving both domestic and international companies.
A passenger bus veered off the Salang Highway before dawn on Sunday, leaving five people dead and 44 others injured, the Ministry of Public Works said.
According to the ministry, the incident occurred at around 2:00 a.m. in the Shawol area of North Salang when a passenger bus deviated from the main road due to the driver’s negligence.
Mohammad Ashraf Haqshenas, spokesperson for the Ministry of Public Works, said five passengers were killed and 44 others sustained injuries. He added that personnel from the Salang Maintenance and Protection Directorate promptly arrived at the scene and transferred the injured to the Khunjān clinic for medical treatment.
The Ministry of Public Works has urged drivers and passengers traveling on the Salang Highway to strictly follow the instructions of on-duty teams, observe traffic regulations, and carry warm clothing, food supplies, and snow chains to prevent similar incidents.
The ministry also noted that heavy snowfall and stormy weather have led to the temporary closure of the highway, while road maintenance teams are continuing snow-clearing operations.
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Major fire in Mandawi Kabul market contained, extensive losses prevented
Local shopkeepers said the fire broke out around 4 a.m.
The Ministry of Interior reported that personnel from the General Directorate of Firefighting and Emergency Response successfully prevented the further spread of a fire at Mandawi market on Kabul early Sunday morning.
Abdul Mateen Qani, spokesperson for the ministry, said that the fire destroyed 10 storage facilities and 8 shops. He added that initial losses are estimated at around $700,000, but timely action by firefighting personnel saved property worth approximately $2.2 million.
Qani explained that the fire was caused by an electrical short circuit. He praised the rapid and effective containment operations, which prevented more extensive damage.
Local shopkeepers said the fire broke out around 4 a.m.
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