25 April 2018

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Economic

Tuesday, March 27, 2018

Kabul (BNA) Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) held meeting the other day, the presidential palace said in a statement.
The meeting while discussing domestic production companies, new procedure and establishing facilities to Afghan hajis, approved two contracts worth 331 million Afghani, according to the statement.
The contracts include:
- Procurement contract for two types of fuels (petrol and diesel), liquid gas and necessary oils to the ministry for higher education.
- Procurement project of Bandwidth internet with capacity of 20 Gig with Explore Tech Company of Kyrgyzstan.
Likewise, the NPC in-charges presented a report on primary inspection of domestic production companies, the statement added.
After hearing the report, President Ghani instructed that the list of domestic production companies which has been prepared based on seven zones to be further discussed in High Economic Council (HEC), the statement continued.
The NPC also reviewed housing, nutrition and ground transport procedure of hajis in Saudi Arabia and issued necessary instructions to NPC administration and ministry of hajj and religious affairs to improve the procedure, the statement continued.
The meeting approved the request to cancel the procurement process for equipping 20 computer labs for seven provinces’ schools related to Afghanistan telecommunications services administration, adding it plans to increase the number of computer labs to cover more schools.
The meeting also terminated many other contracts due to failure to meet the deadline.
Chief Executive Dr. Abdullah Abdullah, ministers of finance, economy and justice, and some other high-ranking government and foreign officials were present in the meeting.
 

Tuesday, March 27, 2018

Kabul (BNA) President Mohammad Ashraf Ghani officially inaugurated Prefabricated Construction Factory on Monday, his office said in a statement.
The ceremony held in Housing Construction Enterprise, during which President Ghani visited different sections of the mentioned factory and prefabricated components, the statement further said.
The president appreciated the ministries for urban development and housing, finance, presidential senior advisors on banking and infrastructures, housing construction enterprise and other sections that made effort to establish prefabricated factory, the statement added.
President Ghani said, “Today is a special day to Afghan children. Because hereafter, our children would not study under burning sunshine and we are committed to provide them with best study environment.”
He said we focused on reconstruction of historical buildings and government facilities, adding I, Dr. Abdullah Abdullah and Mr. Sarwar Danesh are committed in this regard.
Affordable houses would be provided for refugees, martyrs’ families, displaced people and teachers, as well as land bank has already been established, the president said.
With construction of buildings and rehabilitation of historical places, I want to remain good inheritance to the next 500 years, the president added.
The capacity of precast components factory should be multiplied and Afghanistan should turn into regional exports center, he stated.
During the ceremony, minister of urban development and housing appreciated the president for strengthening urban sector, adding today, precast components factory being utilized based on president’s view.
 

Monday, March 26, 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//20 Afs One Pound Sterling 97/10 Afs One Euro 84/60 Afs One Emirate’s Dirham 18/80 Afs One Thousand Pakistani Rupees 605 Afs One Thousand Indian Rupees 1060 Afs One Thousand Iranian Rupees 14 Afs
Monday, March 26, 2018 Kabul (BNA) Chaired by President Mohammad Ashraf Ghani, the high economic council’s session was held yesterday at Chahar Chenar palace of Arg. Besides discussion and approval of reduction plan of internet price and construction plan of cement factories, the meeting discussed report of finance ministry related to IMF, general plan of cement, Herat’s cement project, Shaida copper mine and Samangan cement factory. In first part of the session, extension plan of electricity in districts bordering neighboring countries that was delivered by ministry of rural rehabilitation and development was approved in principle after overall discussions. President Ghani said that the first goal of their policy was that energy should be generated from domestic resources, asserting that Afghanistan Chamber of Commerce and Industries (ACCI) should prepare a clear plan in this regard and deliver how investment was possible. Based on the plan, 55 border districts and 380,000 families will benefit from electricity and 18 months are required for implementation of the project. In second part of the session, reduction plan of internet price and optic fiber were approved after overall discussions. President Ghani stressed that more meetings were needed to further discuss optic fiber, adding that the Afghan Telecom company should report its work process to high economic council. In the session, ministry of finance delivered report of the ministry’s cooperation meetings with IMF. President Ghani said that work on three-year program with IMF should be followed and stressed on need for further cooperation with IMP. The country’s President also considered reporting in this regard as significant and said there should be a clear procedure, stressing on balance in exports and imports as well as on bringing reforms and centralization of custom houses. Afterwards, the session reviewed general plan of cement delivered by officials to ministry of mines and petroleum. In this regard, the country’s President instructed that a joint committee from ministry of mine and petroleum, national procurement authority and office to senior advisor to president on infrastructures should review the respective plan.
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