23 May 2017

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Economic

Wednesday, May 03, 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                                            67/65 afgs                           
One Pound Sterling                              86/80 afgs                         
One Euro                                              73/60afgs                        
One Emirate’s Dirham                         18/35 afgs                          
One Thousand Pakistani Rupees          635afgs                        
One Thousand Indian Rupees               1040 afgs             
One Thousand Iranian Rupees              17/75 afgs                       
 

Tuesday, May 02, 2017
Kabul (BNA)  Ministry of Finance awarded the best large taxpayers in Continental Hotel here yesterday, aiming to raise the level of taxpayer compliance, promote taxpaying culture, achieve the revenue target encourage investments and develop economic activities in the country, a statement from the ministry said.
Abdul Sattar Murad, Minister of Economy praised running of such programs and said: “tax collection has a significant role in revenue increment and funding economic infrastructure projects, so awarding the compliance taxpayer would increase the level of income tax.
He added:” funding the national projects mostly relies on the aid of donor countries and within running such programs, the government and private sectors would be encouraged to further investment and compliance and enable us to secure funding the national projects from the domestic resources”.
Meanwhile, Shafiq Ahmad Qarizada, Deputy Minister of Revenue and Customs said the Ministry of Finance was planning to raise the level of taxpayer compliance that is why it launched today’s program to encourage the large taxpayer who has shown more compliance than other taxpayers.
“We expect that sound competition to be created among large taxpayers in coming years to recognize them as best taxpayer and lead to development and standardized economic activities in the country,” he added as quoted in the statement.
Khan Jan Alokozay, Vice Chairman of Afghanistan Chamber of Commerce and Industries (ACCI) thanked running such program and asked launching of the programs for Medium and Small Taxpayers Departments as well.
DG of Revenue Department and Director of Large Taxpayer has provided information to the participants about revenue increment and today’s program.
At the End, 8 large taxpayers in different sectors (Afghan Wireless Communication Company (AWCC), Kam Air, Afghanistan International Bank (AIB), Saladin Security Company, Alokozay International Limited, Alokozay non-alcoholic beverage company, Automotive Service and Yenco Lmitiz Construction Company (VICC) were awarded, the statement added.  It is worth mentioning that, Deputy Ministers, Directors of Government Institutions, representatives of people in national assembly, administrative office of the president, ambassadors.  Officials of large companies, National Procurements Authority and some others have participated in this program, the statement added.

Tuesday, May 02, 2017
Kabul (BNA) Presided over by President Mohammad Ashraf Ghani, a session of National Procurement Commission was held on Sunday evening at presidential palace.
In the session, 36 procurement issues and projects were discussed that as a result of which 32 contracts worth 6.290 billion AFG were approved.
The contracts included construction of Prrozi residential project’s C1 and C2 roads, providing solar system and ICT for Shaikh Zaed University of Khost, cleaning project of Kabul river from Pul-e-Artal to Abdul Haq square, construction project of Khair Khana area’s third phase roads, providing, installation and reactivation project for repairing 12 generators of Silab Corps’ Gambiri garrison,  contract for providing necessary medical repairing appliances to MoD health command for 1396, contract of transferring of 100,000 tons wheat to six provinces, electricity transmission and distribution to Grishk city of Helmand and installation and procurement contract of Bulk Meters for DABS.
The session also approved relevant contracts to independent local and regional governance and ministry of interior.

 

Monday, May 01, 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                                            67/60 afgs                           
One Pound Sterling                              86/60 afgs                         
One Euro                                              73/30afgs                        
One Emirate’s Dirham                         18/35 afgs                          
One Thousand Pakistani Rupees       634afgs                        
One Thousand Indian Rupees             1030 afgs             
One Thousand Iranian Rupees            17/70 afgs                       

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