Connect with us

Business

Senior Central Bank officials dismissal against law: lawyers

Ariana News

Published

 on

(Last Updated On: June 27, 2020)

The Afghan Lawyers’ Union says Ajmal Ahmadi has been appointed as the acting governor of the Central Bank of Afghanistan for political reasons and now he has begun illegal dealings with the bank’s employees.

This comes as the High Council of the Central Bank of Afghanistan, headed by Ajmal Ahmadi, fired at least four senior central bank employees, including the first and second deputy heads, a few days ago, for alleged corruption. 

Qasim Rahimi, the dismissed deputy head, however, said that would sue in courts for illegal treatment of Ajmal Ahmadi.

Meanwhile, the Integrity Watch of Afghanistan also called on the president Ghani to address the issue at the Central Bank of Afghanistan.

Ajmal Ahmadi was the Acting Minister for the Ministry of commerce, who was recently nominated and appointed as the acting governor for the Central bank of Afghanistan by the president.

Business

Saffron flower harvesting process underway in Helmand

Ariana News

Published

on

(Last Updated On: November 25, 2020)

In order to promote saffron cultivation in Helmand province, the Ministry of Agriculture, Irrigation and Livestock (MAIL) set up 12 model farms in the province last year and farmers are now harvesting their “gold”.

“Saffron cultivation in Helmand has been successful, I hope it grows [throughout] Helmand in future,” said Zalmai Alko, the provincial director of agriculture.

Alko says they established 12 model farms in Helmand to promote saffron cultivation, and farmers tending the crops have been provided with the necessary equipment. He also said these farmers were in desperate need of assistance and will now hopefully be able to move forward and earn a living from saffron.

He said that creating jobs for these farmers was a key driving force behind the establishment of the farms.

According to him, the Helmand climate is suitable for saffron cultivation and he hopes saffron farming will become more prolific in the province.

Last year, 15 saffron farms were established as part of the pilot program in Helmand, which have now yielded results, Alko said.

Helmand is infamous for the proliferation of poppy farming for opium which ends up around the world as heroin and over the years the Afghan government has tried to encourage poor farmers to move away from the illicit cultivation of poppies and switch instead to crops including wheat and pomegranates – and now, hopefully, also saffron.

The saffron flower has purple petals, yellow stamens and a three-part red-orange stigma that becomes the saffron strands.

It is usually only harvested once a year in other parts of the country, but agriculture experts believe that due to the Helmand climate, saffron might grow year-round in the province, allowing for two harvests a year.

Currently one kilogram of saffron costs about $6,000 in the region and as much as $8,000 on international markets. Growing saffron may therefore potentially be very lucrative for farmers.

Continue Reading

Business

India to build Shahtoot dam in Kabul

Ariana News

Published

on

(Last Updated On: November 24, 2020)

India’s External Affairs Minister S. Jaishankar announced on Tuesday at the Geneva Conference 2020 that his country will build a new dam to provide Kabul residents with safe drinking water.

Addressing delegates virtually, Jaishankar said the Shahtoot dam will help supply Kabul residents with water.

“I am happy to announce today an agreement with Afghanistan for building the Shahtoot dam which will provide safe drinking water to two million Kabul residents.

He also said India will launch phase four of a high impact community development program in Afghanistan, which includes around 150 projects worth $80 million dollars.

He stated India has invested heavily in peace and development in Afghanistan but said his country calls for an immediate and comprehensive ceasefire.

“We also believe that the peace process must be Afghan-led, Afghan-owned and Afghan-controlled.”

A feasibility study for the dam was reportedly finalized in 2012 and the estimated cost will be around $236 million.

This dam would also allow for irrigation systems to cover 4,000 hectares of land in the Charasiab and Khairabad districts of Kabul province.

Once complete, officials said the dam will hold 146 million cubic meters of potable water for two million people in Kabul and irrigation water for over 4,000 hectares of land.

India has played a major role in the reconstruction of Afghanistan since the fall of the Taliban regime and has invested over $2 billion in various reconstruction and infrastructure projects.

In 2016, Ghani and Indian Prime Minister inaugurated the Indian-funded “Friendship Dam” in Heart Province, which can also irrigate over 80,000 hectares of land and provide electricity to thousands of homes in the western Afghan province of Herat.

Continue Reading

Business

Uzbekistan to resume direct flights to Afghanistan in January

Ariana News

Published

on

(Last Updated On: November 17, 2020)

A presidential decree announced on Monday that Uzbekistan plans to increase two-way trade with Afghanistan to $2 billion by 2023 and resume direct flights between the two countries starting in 2021.

According to media reports, direct flights will be launched in January between Tashkent and Kabul and Tashkent and Mazar-e-Sharif.

In a presidential decree it was stated that Uzbekistan envisages the acceleration of projects on the extension of existing railway and power transmission lines to Afghanistan, and increasing volume of transit goods by simplifying customs procedures on the borders.

Uzbekistan also plans to reduce the prices of key commodities such as cement, iron, liquefied gas, flour, wheat, eggs and vegetable oil exported to Afghanistan.

Continue Reading

Trending