17 October 2019

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Wednesday May 7, 2014
Kabul (BNA) The foundation stone of three larger and modern spring houses was laid down in Shakar Dara of Kabul province recently.
During the ceremony, Minister of Agricultural, Mohammad Asif Rahimi and Kabul governor, Abdul Jabar Taqwa, some members of parliament and Head of Chambers of Commerce and Industries were also present. At this ceremony, Mohammad Asif Rahimi told newsmen that this spring houses would be built with the capacity of 15000 tons and the investment of $ 11 million and would be completed within two years and be laid to utility in the third year. The evaluations conducted in Afghanistan show that for the growth and expansion of agriculture sector the farmer of our country are in serious need of water reservoir, Agricultural Development Bank and spring houses for storage of agricultural products. We did some works considering those three principles.
With construction of this spring houses, our farmers and horticulturist are not compelled to sell their seasonal products immediately. On the other, those national traders who export the agricultural products of Afghanistan abroad would not be compelled any more to sell the products of farmers with acceptance of loss hurriedly or export these materials to abroad and keep in spring housed of those countries.
After this, we would have our own equipped spring housed inside of our country. Now, we build eight spring houses with the capacity of 5000 tons in Balkh, Kunduz, Kandahar, Nangarhar, Herat and three other in Kabul province. The total capacity of these spring houses reach to 40000 tons. The fruits and vegetables are stored in these spring housed. Despite storage of aforementioned items, the dried fruits are packaged in them. Likewise, the farmers can keep and reser4ve their products till finding of market. It is mentionable that another small and medium spring house are also built country-wide, this would impact more in the growth of agricultural economy. The spring house is built in Kabul has the capacity of 15000 tons that covers the provinces of Dykundi, Samangan, Baghlan, Parwan and Kabul.
Likewise, the provinces of Wardak and Logar can to store their products in this spring house. If these products be substituted within three months, it is possible that the capacity of this spring house to be reached into 60000 tons per year. This spring house would be managed by the Ministry of Agriculture. According to a constant procedure of cooperative, individual farmers, agricultural companies and national traders who work in agricultural products can benefit from these spring houses. We hope with construction of such spring houses, we help further more the growth of agriculture in Afghanistan.

Wednesday, May 07, 2014
Kabul (BNA) Based on agreement inked between De Afghanistan Bank of the country’s central bank and HARAKAT organ the other day, the later would help the former to implement banking system in the country.
According to BNA, the president of the central bank Noorullah Dilawari after inking the agreement said the HARAKAT organ would provide a grant of 175,000 US dollars to the central bank so as to enable the central bank to prepare the code of conduct for the development Islamic banking system based on supply and demand in the market and also provide short-term and long-term loans based on Islamic law.
He also added that the central bank would prepare the code of conduct within one year for guidance of the public about providing loans on Islamic basis and capacity building of Islamic banking system in the central bank and other financial entities in Afghanistan.
Speaking on the occasion, Mohammad Nasim Akbar the president of HARAKAT organ said that the objective of the body is to provide necessary facilities for development of government and private banks in Afghanistan.

Tuesday, May 06, 2014
Kabul (BNA) Based on Najibullah Akhtari’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                            Buying                                        Selling
One Dollar                          57/25afgs                                    57/30afgs
One Pound sterling             98/80afgs                                   98/90afgs
One Euro                            79/10 afgs                                  79/20 afgs
One Emirate’s Dirham       15/55 afgs                                 15/60 afgs
One Thousand Indian Rupees 940 afgs                                950 afgs
One Thousand Pakistani Rupees 576 afgs                           577afgs
One Thousand Iranian Riyals 17/30afgs                            17/40 afgs

Tuesday, May 06, 2014
Kabul (BNA) Afghanistan exports increased to $ 524 million in 2013.
Deputy Chief of Afghanistan Chamber of Commerce and Industries in an interview has told BNA, “Afghanistan exports were nearly $ 393 million in 2012, while the figure jumped to $ 524 million in 2013, showing 33% increase in the country’s exports comparing to 2012. “The amount has been obtained from exporting various main products as vegetables, fresh fruits, dried fruits, precious stones, carpet and cotton,” Alakozai said.
He added the products costing $100m exported to Pakistan, $140m to India and the rest were exported to Russia, Germany and other European countries.