Business

President Ghani efforts to fight against MoD corruptions called unprecedented in the history by MEC

Published

9 years ago

February 3, 2015

(Last Updated On: October 25, 2022)

President Ghani cancelled MoD oil contracts after $215 million fraud alleged were found, but MoD procurement and supply officials are emphasizing on transparency.

However, Yama Turabi a member of Independent Joint Anti-Corruption Monitoring & Evaluation Committee said,” I believe this is an unprecedented effort in Afghanistan history to fight against corruption; this might be the biggest scandal after Kabul Bank embezzlement crisis. SIGAR & NATO Combined Security Transition Command – Afghanistan (CSTC-A) were also involved in monitoring this contract and there are documents available showing lack of transparency”.

He added,” the only thing which is surprising is that Afghanistan law does not permit either civilian or military personal to speak against the President”.

On the other hand, Akram Afzali Executive Director of Integrity Watch of Afghanistan (IWA) believes that MoD contracts are corrupt.

“When governmental institutions are accused they stand even against the high ranking officials, this is not something new, this case must be investigated by MoD non-partisans, high governmental officials might be involved in this case, who controls economic and political issues in the country,” Mr. Afzali said.

These statements by Anti-Corruption M&E Committee and IWA come after the Supreme Court reacted against the President accusing them for corruptions and a number of governmental high ranking officials accused in Kabul Bank embezzlement.

Reported by: Hamid Sediqi

Business

Commerce ministry inks 10 MoUs to boost development of small and medium-sized businesses

Published

19 hours ago

April 19, 2024

Ariana News

(Last Updated On: April 19, 2024)

The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.

Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”

These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.

To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.

These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.

In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.

Business

Export volume totals over $140 million in last month of 1402

Published

3 days ago

April 17, 2024

Ariana News

(Last Updated On: April 17, 2024)

The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.

This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.

Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.

Business

Afghanistan-Kazakhstan chamber of commerce opens in Herat

Published

5 days ago

April 15, 2024

Ariana News

(Last Updated On: April 15, 2024)

The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.

According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.

The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.