29 April 2017

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Economic

Sunday, April 29, 2012
Kabul (BNA) Spokesman for the Finance Ministry Wahid Tawhidi said yesterday that the minister for finance Omar Zakhilwal who paid a visit to Washington to attend the annual meeting of World Bank and International Monetary Fund and held meeting at the sideline of the conference with the finance ministers of Pakistan, Iran and officials with Britain, US and other countries, exchanged views about the Tokyo conference and the commitment of international community to Afghanistan. 
Tokyo conference on Afghanistan is scheduled to be held in July this year and the international community would pledge its commitment to Afghanistan after 2014. 
According to the finance ministry spokesman, the international community at Chicago conference would pledge its support to Afghan security forces after 2014 when the NATO-led coalition forces leave Afghanistan.
 

Wednesday, April 25, 2012
Herat (BNA) With completion of renovation of Herat airport, the local in charges more confident for economical improvement of commercial situation in this province. 
The economical in charges and traders in Herat said that renovation of Herat airport has a positive role on commerce relations in this province. 
According to them, beginning of international flights, investment of traders from different countries of the world in the industrial and production fields in Herat province will be increased. 
The Herat airport was renovated a month ago with the assistance of Italy. 
Daud Shah Saba governor of Herat said that for renovation and equipping of this airport, Italia outlaid Afghani 183 million. 
Governor of Herat said to BNA, with renovation of this airport, the flight capacities and presentation of services will increased.  
Saba said renovation of this airport will have more effect on economical situation in that province. 
T. Suraya-Yarzada

Wednesday, April 25, 2012
Kabul (BNA) At the meeting initially, the head of water supply and canalization presented a detailed report on plan and difficulties in supplying of potable water for the Kabul city and provinces and proposed that for expansion of water supply plan in all Kabul city and self-reliance of the department in terms of financial needs, the water supply tariff should be increased. 
The economic committee meeting confirmed the proposal and the chairman of the committee emphasized that the remote parts and unplanned areas should also be involved in the water supply plan and other infrastructural projects. 
The minister of economy presented a report on the implementation of development projects and the expenditure of the development budget of last year of ministries and government departments. 
The report stated that insecurity, non-precise supervision of project execution and shortage of contract capacities are the basic problems for non-expending of the development budget and execution of the projects. 
The meeting also discussed the proposal of the ministry of commerce and industries about opening of bank account for industrial parks. 
The participants advanced a series of views and proposals on the impacts of this proposal in the growth of the industrial parks, increment of domestic products and exports and the meeting decided that this issue be resolved in consensus with finance ministry. 
The meeting also assigned a commission composed of representatives of finance, economy, agriculture, commerce and industries ministries and the AISA department led by Justice ministry so the in the light of laws and regulations, prepare a regulation for a independent executive department and its process is carried out. 
The national environment protection administration shared the report of the assigned commission for prevention of meat imports, animals and drains of foreign currency from the country and advanced some proposals in this respect. 
The meeting considering the importance of this issue assigned some members of the committee to study the proposals and share it in a coming meeting of the economic committee.

Saturday, April 21, 2012
Kabul (BNA) Out of 41 companies showed interest to invest in the gold and copper mines, 25 foreign companies have met the criteria.
Meantime, the minister for Mines Wahidullah Shahrani said that showing interest by so many companies reflects foreign firms interests in investing and developing economy in Afghanistan, saying the process would led to extraction of mineral in the country. 
The minister added that in line with five-year plan of the ministry, bidding for investment was held in London last year and 41 companies from US, India, Canada, UAE and many more countries expressed interest in investing in mines and out of these, 25 companies have met the criteria to invest in the envoys of these firms would visit these mines sits next month and would present their proposals. 
Minister Shahrani also said that gold mine in a territory of 1000 square kilometers 50 away of Faizabad the capital of Badakhshan, another mine is gold and copper mine in Zarkashan of Ghazni, another mine is the Balkhab copper mine in Saripul and Shida copper mine in Herat province. 
Feasibility survey had been conducted in 1960 and 1972 by Russian, German and American experts. 
The extraction of the minerals would begin after inking agreements with the winner companies.