25 April 2018

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Economic

Tuesday, April 03, 2018

Kabul (BNA) The executive committee for development of private sector with Chief Executive Dr. Abdullah Abdullah on the chair held session here yesterday to seek ways for prioritizing of economic indexes and solving of problems before private sector.
Addressing the session, Dr. Abdullah said there were eye-catching growth of private sector and small entrepreneurships as well as production and imports, adding more works needed to improve and accelerate the process.
Dr. Abdullah instructed the officials to pay serious attentions to boosting of imports and exports as well as growth of domestic production and ways to ease transportation of goods.
Pointing to security concerns, the Chief Executive also emphasized on prevention of time elapsing during security check of the importing and exporting goods.
Meanwhile Minister of Commerce and Industries briefed the session on achievements, challenges and progress of the Executive Committee on development of private sector, adding 10 documents were prepared to ease the process of export and import of goods.
The minister said the documents were included, acceleration of the security check process of goods, technical standard, custom license, license of entrepreneurship and transit were prepared in consultation with traders.
World Bank representative to Kabul praised Chief Executive’s support of the private sector, saying the process would take time and require joint efforts.
Dr. Abdullah promised to do more to solve the problems before the private sector and would discuss the issues in separate meetings. He also said would pay attention to the problems in Council of Ministers meeting too.
The Chief Executive also instructed the Ministry of Commerce and Industries to present the problems in Council of Ministers meeting, so that to be discussed in detail.
 

Monday, April 02, 2018
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                                               69//35 Afs                           
One Pound Sterling                                 96/50   Afs                                                  
One Euro                                                85/10 Afs                           
One Emirate’s Dirham                           18/80 Afs                           
One Thousand Pakistani Rupees              599 Afs                           
One Thousand Indian Rupees                1060 Afs                                         
One Thousand Iranian Rupees              13/30 Afs                           
Yarzada

Monday, April 02, 2018

Kabul (BNA) President Mohammad Ashraf Ghani, accompanied by cabinet members, paid a visit to Paktia yesterday and met with provincial, civil and military officials, Ulema and youth representatives, businessmen and women from all walks of life.
During his stay in Paktia, the country’s President inaugurated Gardez Sub-station in Gardez, provincial capital of the province.
In a ceremony held on this occasion, President Ghani congratulated opening the sub-station to the people of Paktia, adding that maintaining electricity in Paktia was the first step towards providing employment and investment opportunities in the province.
He thanked the people of Paktia for their patience as lots of commitments have been made in the past, but not implemented. Afterwards, the country’s President participated in opening ceremony of construction projects of police headquarters, Gardez - Zurmat road, industrial park and Shuhada town and based on his instruction, work on the respective projects was officially opened. “All women, youth and elders of Paktia think nationally and have national thought and idea,” President said, adding that Paktia is the home of civilization and Balahesar as home of civilization will be reconstructed.
The country’s President further said that by opening the new electricity sub-station in Paktia, the price of 1KW electricity would reduce from 30 to 6 Afghani that would have principal role in industrialization of the province as electricity would help in creating and operating of factories.
Pointing to role and importance of education, President Mohammad Ashraf Ghani said that during the current solar year, 6,000 schools would be constructed through ministry of rural rehabilitation and development’s citizen charter.
The country’s President praised the people of Paktia, Paktika and Khost for sharing the exports issue of pine nut with him, adding that the pine nut of Paktia would be soon known as Afghanistan pine nut in world markets.
President Mohammad Ashraf Ghani while stressing on maintaining peace and stability in the country said national unity government was committed to bringing peace, asking the people to help the government bring peace and hold transparent elections.
He considered widespread presence of the people as serious requirement in upcoming elections in the country.
In the ceremony, governor of Paktia Shamim Kattawazi by praising the country’s President for his visit to the province and attention to implementation of development and economic projects added electricity has been connected to Paktia by opening the sub-station in provincial capital.
It is worth mentioning that electrical sub-station, Gardez-Zurmat road, township for families of martyrs, teachers and government employees, industrial park, new facility for provincial police headquarters are the projects which were inaugurated by the president during his visit to Gardez, provincial capital of the province.
 

Monday, April 02, 2018

Kabul (BNA) A contract on gas power project was signed in the presence of President Mohammad Ashraf Ghani, at the Char Chanar Palace, the Presidential Press Office said Sunday.
The contract, worth $39 million, was signed by Amanullah Ghaleb, Chairman of Da Afghanistan Breshna Sherkat and Ihsanullah Bayat, head of Bayat Foundation, said the statement.
The gas-power plant with the capacity of up to 40 megawatt is expected to be launched in Yatim Taq district of northern Jauzjan province, where hundreds of people would access work and moderately up to 30,000 household and 100 factories would utilize the project.
 

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