22 October 2017

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Economic

Saturday, October 21, 2017

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/30 Afs                           
One Pound Sterling                              89/40 Afs                           
One Euro                                             80/20 Afs                           
One Emirate’s Dirham                         18/55 Afs                           
One Thousand Pakistani Rupees          638 Afs                           
One Thousand Indian Rupees               1050 Afs                                         
One Thousand Iranian Rupees              17 Afs                           
T. Yarzada
 

Wednesday, October 18, 2017
Kabul (BNA) TAPI is the abbreviation for a gas transmission pipeline that starts from Turkmenistan, passes through Afghanistan and Pakistan and reaches to India. This project can bring good economic opportunities and regional stability.
Practical work of this project starts at a time that Afghanistan has been at close quarters with big security and economic challenges. The Afghan government considers this vital project as an important step for improving of Afghanistan economic situation and concerned countries.
In opinion of economists, implementation of TAPI project is very essential for economic self-sufficiency of Afghanistan and relaxing of its financial dependence to other countries.
Lawmaker Ghulam Farouq Majrooh from Herat said, importance of implementation of TAPI project is very high for Afghanistan as it connects central Asia to South Asia. Pakistan needs would cause her not to sabotage this project. I hope this project would be completed.
Majrooh added, despite of ongoing insecurity, if the concerned countries sincerely join hands, this project would succeed. Therefore in the first step, security should be restored in those areas through which the pipeline is expected to be passed. He went on to say that, if economic-commercial relations among regional countries expand, and the idea of connection of south to central Asia is materialized through Afghanistan, most likely, these countries would put aside intelligence-security intentions and would arrange their relations based on mutual economic interest. Saifuddin Saihoon a lecturer of the Faculty of Economy, Kabul University said, TAPI project is implementation of Afghanistan economic dreams and paves the way for regional stability but its implementation requires reliable security and sincere regional cooperation.
Saihoon added, Afghanistan can play role of trade-transit Bridge between central and south Asian countries and paves the way for regional economic development. But this opportunity is currently threatened by security challenges. We want to create confidence in the region.
Jawed Kohistani a political commentator said, despite of its possible huge income to concerned countries, TAPI project is challenged by extremist terrorists, but this project could be an opportunity for improving of security in the region and its hope that supporters of terrorism would change political mind and prefer economic interests.
Suraya Raiszada

Tuesday, October 17, 2017
Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            68/20 Afs                           
One Pound Sterling                              89/50 Afs                           
One Euro                                             80/20 Afs                           
One Emirate’s Dirham                         18/50 Afs                           
One Thousand Pakistani Rupees          638 Afs                           
One Thousand Indian Rupees               1050 Afs                                         
One Thousand Iranian Rupees               17 Afs                           
T. Yarzada

Tuesday, October 17, 2017

Kabul (BNA) Construction work on a segment of railroad project extended from Iran to Afghanistan in western Herat province will be completed within the next 10 days and then put into service, the Iranian Ambassador to Afghanistan said on Saturday.
Work on the 62-kilomter railroad project from Iran’s border to Ghoriyan District of Herat was launched in 2007 at a cost of $75 million based on a grant from Iran.  The project was scheduled to be completed in 2009, Pajhwok Afghan News reported.  Officials say the mega project will provide transport and transit facilities and hel flourish trade between Afghanistan and Iran.
Mohamma Raza Bahrami, Iran’s ambassador in Kabul, visited the province and oversaw ongoing work on the Herat-Khawaf rail track.
Of the 62 kilometers of the railroad in Afghanistan, tracks have been laid on about 33 kilometers and the rest would be completed within the next 10 days.  The Herat-Khawaf 191 km railroad is being constructed in four segments, three of which are financed by Iran and the fourth is being funded by Afghanistan’s national budget.
 

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