Business
MoEW obliged to provide electricity to all military institutions by September
The Ministry of Energy and Water, (MoEW) has obliged to provide the electricity of all military institutions by the September of the current year.
Deputy minister of MoEW declared that the United States has announced of cutting fuel to military sites, so the ministry is obliged to provide the electricity of all military institutions by the September.
Officials in MoEW say that efforts are continuing for Afghanistan’s self-sufficiency in electricity and gas and all provinces of the country will benefit electricity in the near future.
They also urged residents to avoid consuming too much electricity due to the increase of the price of imported electricity.
In the meantime, Afghanistan will be changed to a four-way transit for the neighboring countries and will witness an equitable development.
The Ministry of Public Works said $ 120 million budget were allocated for the implementation of the projects which the essential transit-roads are at the top of the ministry’s agenda.
The water bodies in Afghanistan contain 75 billion cubic meters, of which only 30 percent remains in the country and the rest flows to neighboring countries.
Most of the water freely flows to Tajikistan, Uzbekistan, Turkmenistan, Pakistan and Iran. Notwithstanding adequate water resources, Afghanistan has to import electricity from its neighboring countries.
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.
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.
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.
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