Connect with us

Business

Water affairs authority confirms work to start on 44 new dams 

Ariana News

Published

 on

(Last Updated On: April 7, 2021)

National Water Affairs Regulation Authority (WARA) said Wednesday that the construction of 44 dams across the country will begin next month in order to help manage Afghan waters.

WARA stated that surveys and designs of these dams are being finalized and the construction contracts would be signed separately next month.

According to the department the following dams, at an estimated cost of $600 million, would be contracted in 21 provinces.

Aghan Jan in Uruzgan; Mizan, Markok, Qaria Aja, and Allaudin in Zabul; Zardalo, Mullah Cheragh, and Chard in Ghazni; Gromby, Gorbat and Jalrez in Maidan Wardak; Gomal, Gomal Dowom, Zama, and Rustai Mirza in Paktika; Domand in Khost; Kharwar in Logar; Sori Khola in Paktia; Sultan Ibrahim and Qale Sokhta in Sar-e-Pul; Almar and Khisht Pol in Faryab; Rustai Aab in Samangan; Kantiwa and Kala Gosh in Nuristan; Aab Lory in Kandahar; Shoray, and Buzbai in Badghis; Wursaj Socha Maagh in Takhar; Dahane Mohammad Gicha in Bamiyan; Dare Bamsir in Daikundi; Shina, Zardag Bam, and Khair Maidanak in Ghor; Noor Gul and Qata Qala in Kunar; Pang Ziyan, Dare Shrasta, and Surkh in Nangarhar; Buzban in Ghor; Talkhak in Parwan; and Watan Gat in Laghman.

WARA stated that the dams, which will be used for hydroelectric and irrigation purposes, could store around 1,200 million cubic meters of water once the projects are implemented.

Once construction is complete, these dams will also irrigate an estimated 320,000 hectares of land, WARA said.

According to WARA, the dams could also produce 97 MW of electricity.

The Afghan officials said that the projects would also provide employment for thousands of people.

This comes after President Ashraf Ghani inaugurated the Kamal Khan Dam in western Nimruz province last month.

The Kamal Khan Dam will not only generate at least nine megawatts of electricity for the local community but will also irrigate over 180,000 hectares of land.

Business

Cash-strapped government puts new projects on hold

Ariana News

Published

on

(Last Updated On: August 1, 2021)

Afghanistan’s Ministry of Finance (MoF) has informed all government departments they need to cut back on budget spend, including that on planned development projects.

In an official notice to all government institutions, MoF has ordered them to stop projects where contracts have recently been signed, and which employ contract workers.

All planned development projects have also been put on hold.

The MoF said that due to the increase in spend for the Afghan National Defense and Security Forces (ANDSF), the increase in health spend and a drop in government income, all government departments need to cut expenditure.

“After the assessment of the development and general budgets by the cabinet, changes have been brought to the ministries and all government budgets because of the increase in ANDSF and health spending. Contracts from the… budget should be halted or suspended,” read the notice.

The MoF said that the government has lost $33 million in customs revenue since the Taliban seized five border crossings in the past month, amid rising violence in the country.

“Sher Khan port in Kunduz, Spin Boldak in Kandahar, Islam Qala in Herat, Abu Nasr Farahi in Farah and Torghundi in Herat have been captured by Taliban in the past month,“said Rafi Tabi, spokesman for the MoF.

Analysts have said the government should consider other steps to cut back on budget spend.

“In this situation, we can’t blame government, but it (government) should consider other options to prevent confusing the public,” said Sayed Massoud, a university lecturer.

This comes after the projected revenue generation for Afghanistan was expected to be 216 billion AFN ($2.7 billion) for the current solar year.

The total 452.6 billion AFN budget for this year did however carry a 37 billion AFN deficit – which government was to provide 20 billion AFN from internal resources and 17 billion AFN was pledged by the International Monetary Fund (IMF) in order to make up the difference.

Continue Reading

Business

Afghan carpet industry facing major challenges: ACCI

Ariana News

Published

on

(Last Updated On: July 26, 2021)

Afghanistan’s Chamber of Commerce and Investment (ACCI) said on Sunday that the Afghan carpet industry is facing numerous challenges despite the foreign aid that has been injected into the industry.

The ACCI said that the lack of a dedicated industrial park and a suitable place to produce carpets are a key challenge that they face.

Carpet makers also said that the drop in exports of Afghan carpets is a major problem.

Abdul Jabar Safi, head of the craftsmen association said despite millions of dollars having been spent and funding from USAID being received no dedicated industrial parks have been established in Andkhoy and Jalalabad – both carpet making hubs.

The Ministry of Commerce and Industry meanwhile said efforts are being made to resume the traditional craft of carpet making in order to preserve the Afghan carpet industry’s uniqueness.

The ministry said that they have assisted carpet producers recently.

“It (new carpet industry) undermines the credibility of Afghan carpets. One good point of the Afghan carpet sector is that it provides 100,000 jobs for people especially for women,” said Fawad Ahmadi, spokesman for the ministry.

Analysts say that the carpet production industry will come to an end if government does not address the carpet producers’ challenges.

Continue Reading

Business

US, Afghanistan, Pakistan Uzbekistan form platform for regional cooperation

Ariana News

Published

on

(Last Updated On: July 16, 2021)

The United States, Afghanistan, Pakistan, and Uzbekistan have agreed in principle to form a new diplomatic platform focused on enhancing regional connectivity, the US State Department said on Friday.

“The parties consider long-term peace and stability in Afghanistan critical to regional connectivity and agree that peace and regional connectivity are mutually reinforcing,” the Department said in a statement.

“Recognizing the historic opportunity to open flourishing interregional trade routes, the parties intend to cooperate to expand trade, build transit links, and strengthen business-to-business ties,” the statement read.

The parties agreed to meet in the coming months to determine the modalities of this cooperation with mutual consensus, the US said.

Continue Reading
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2021 Ariana News. All rights reserved!