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    Economy and Environment

    Exports surpass $1 billion in first 9 months
    January 10, 2023

    Exports surpass $1 billion in first 9 months

    KABUL, Jan. 10 – The country’s economy has made significant strides, resulting in exports reaching $1 billion and $424 million in the first 9 months of the current solar year 1401,while during the previous administration,these statistics were $434million and $478million in the first 9 months of 1399 and 1400 respectively, said press office of deputy […]

    Minister of commerce emphasizes on quality of products

    Minister of commerce emphasizes on quality of products

    KABUL, Jan. 10 –  In a meeting with industrialists the Acting Minister for Commerce and Industry, Nooruddin Aziz has stressed over the quality of production and said low quality products will lose government support. The Ministry of Commerce and Industry (MoCI) said a coordination meeting with the chambers representatives of different sectors regarding the implementation […]

    DAB to auction $17 million tomorrow
    January 9, 2023

    DAB to auction $17 million tomorrow

    KABUL, Jan. 09 – Da Afghanistan Bank (DAB) wants to auction $17 million on Wednesday, said DAB in a statement. DAB requests commercial banks and exchange and financial services companies that meet the conditions to participate in this tender. The successful bidders are required to settle their accounts by the end of the auction day, […]

    DAB set to auction $15 million on Sunday
    January 7, 2023

    DAB set to auction $15 million on Sunday

    KABUL, Jan. 07 –  The central bank, Da Afghanistan Bank (DAB) wants to auction up to $15 million on the 15th of Jumadi al-Thani 1444 (18/10/1401) on Sunday, said DAB in a statement. According to DAB it requests commercial banks and exchange and financial services companies that meet the conditions to participate in this tender. […]

    Ministry of Finance strives to resume state-own companies

    Ministry of Finance strives to resume state-own companies

    KABUL, Jan. 07 – According to officials of the Ministry of Finance of the IEA they are trying to restart operations of state-owned companies to provide services to the people. Ahmad Wali Haqmal, the spokesman for the ministry says according to the positive changes that have been made in the last eighteen months, in the […]

    IEA to Setup National Economic Consultative Board
    January 5, 2023

    IEA to Setup National Economic Consultative Board

    KABUL, Jan. 05 – At the recent meeting of the Economic Commission of the IEA chaired by deputy PM for economic affairs of the IEA, Mullah Baradar Akhund, it was decided that each port of Afghanistan, in provinces of Kandahar, Nangarhar, Herat, and Balkh, would have a complex for testing food, medicine, and other goods, […]

    Finance Ministry Drafting Budget for Next Year

    Finance Ministry Drafting Budget for Next Year

    The Finance Ministry of the Islamic Emirate of Afghanistan (IEA) said it has started drafting its budget for the next fiscal year, which will be bigger than this year’s budget. A spokesman for the Ministry of Finance said they have received individual budgets from the various ministries and departments and are now working on the […]

    Oil Extraction Contract from Amo River Inked with Chinese Company (CPEIC)

    Oil Extraction Contract from Amo River Inked with Chinese Company (CPEIC)

    KABUL, Jan. 05 – Minister of Petroleam and minerals of the IEA, Mawlawi Shahbuddin Delawar signed with a Chinese company (CPEIC) for the extraction of oil in the Amo River basin in presence of Chinese ambassador to Kabul Wang yu, today. According to the contract, oil will be extracted from an area of ​​4500 square […]

    IEA to Start National Self-Sufficiency Program; Azizi
    January 4, 2023

    IEA to Start National Self-Sufficiency Program; Azizi

    KABUL, Jan. 04 – Noruddin Azizi The commerce minister of the IEA said, the Islamic Emirate of Afghanistan (IEA) will encourage self-sufficiency and wants international trade and investment. “We will start a national self-sufficiency programme, we will encourage all government administrations to use domestic products, we will also try to encourage people to support our […]

    Saffron cultivation takes place of Poppy crops in Kandahar
    December 31, 2022

    Saffron cultivation takes place of Poppy crops in Kandahar

    KANDAHAR, Dec. 31 – Cultivation of saffron as an alternative to opium has yielded positive results in Afghanistan’s southern Kandahar province, as officials say every acre of land has produced nearly one kilogram of the precious spice. In an experiment, around 130 acres of land in five districts of Kandahar, including Khakrez, Maiwand, Zherai, Panjwayee […]

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