Business
Ministers Failed to Consume Development Budget
Documents obtained by Ariana News indicates that a number of Ministries have failed to consume even 20 percent of their development budgets during 8 months.
The documents listed Ministry of commerce and industry, Border and tribal, repatriation and refuges couldn’t spend the 20 percent of their budget since 8 months passed, but it also introduced the Ministry of Rural and Rehabilitation and Development, Ministry of Women Affairs, and Ministry of Urban and housing are the departments who have spent most their development budgets during 8 months of the year.
Ministries who have failed to spend their 20 percent of their development budget are listed as below:
1- Ministry of Repatriation and Refugee 5 percent
2- Ministry of Tribal and border 6 percent
3- Ministry of commerce and industry 7 percent.
4- Ministry of Culture and information 7 percent.
5- Ministry of Technology and communication 10 percent.
6- Ministry of Justice 11 percent.
7- Ministry of Mines and petroleum 12 percent.
8- Ministry of counter Narcotic 13 percent.
9- Ministry of Education 16 percent.
10 – All 3 security departments 25 percent
11 – Ministry of Economy 16 percent.
12- Ministry of public interest 16 percent.
13- Ministry of Transportation and aviation 16 percent.
14- Ministry of Energy and Water 18 percent.
15- Ministry of Higher Education 18 percent.
16- Ministry of Foreign Affairs 18 percent.
17 – Ministry Finance 19 percent.
18 – Ministry of Haji and religious 20 percent.
19 – Ministry of labor social affairs 20 percent.
20 – Ministry of Public Health 28 percent.
Among the above mentioned Ministries the below departments have spent the development budgets more than others.
1- Ministry of Women Affairs 56 percent.
2- Ministry of Rural Rehabilitation and development 50 percent.
3- Ministry of Urban development and housing 47 percent.
4- Ministry of Agriculture and livestock 40 percent.
According to the documents the other Governmental departments have spent their development budget from 7 percent up to 30 percent.
President Deputy Spokesman DawaKhan Menapal said,” based on the President order the evaluation process to find the barriers is underway in all the Ministries of the Government, the following process has been accomplished in some Ministries, by resolving the obstacles the budget will be spend on its determined date and time.”
Professor Sayed Masoud said,” this is a political movement along the exaggeration, the development budget should be spent on its specific time otherwise the donors will take back their money and would say they couldn’t spend it.”
Meanwhile officials in Ministry of Finance have expressed their views on development budget as below.
Ministry of Finance Spokesman Ajmal Abdul Rahimzai said,” We will update our system by tomorrow which will indicate the status of the common and development budget.”
Earlier President Mohammad Ashraf Ghani had warned that if the Ministers couldn’t spend their 80 percent of development budget he/she will be dismissed, we will wait for the conclusion.
Reported by Nabila Hafizi
Business
Azizi calls on Malaysian investors to invest in Afghanistan
Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.
The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.
According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.
According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.
Business
Afghanistan starts exporting via railway to Turkey
The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.
In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”
The ministry added that one train will run daily for a month and then two trains will run daily.
According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.
Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.
As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.
This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.
Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.
“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”
According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.
Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.
During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.
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