24 March 2017

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Economic

Saturday, February 25, 2017

Kabul (BNA) Eklil Hakimi, Minister of Finance met Thomas Panella, Director of the Asian Development Bank (ADB) in his office here on Wednesday, a statement from the ministry said. Both sides discussed projects of Asian Development Bank in 2017, implementation of developing project considering efficiency and effectiveness, review of project progress, annual meeting of Asian Development Bank in Japan and some other important subjects, the statement added.
According to another report, Da Afghanistan Breshna Sherkat (DABS) shareholders meeting was chaired by Eklil Hakimi, Minister of Finance on 21 February 2017 with the participation of the General Assembly of Shareholders, Ministers of Urban Development and Housing, Energy and Water, Economy, and the head of DABS.
Both sides discussed proceedings of the meeting of general assembly dated 1st April 2015, Approval of the financial statements of the years 2013 and 2014, Annual report of the board about the last fiscal year, appointing of new members, extension of the serving period of the company’s board of supervisor and some other important subjects and necessary decisions were made, the statement added. In Addition, Da Afghanistan Breshna Sherkat (DABS) is a government company established and works based on the rules of Stock and limited companies of Islamic Republic of Afghanistan. It aims to supply low-cost energy for economic ease in an efficient, certain, transparent and accurate way. It is responsible to run, tune, transmission and sale of Energy at the country, the statement concluded.
 

Wednesday February 22, 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:
                                                                            Buying                                       
One Dollar                                                          67/40 afgs                                  
One Pound Sterling                                            83/95 afgs                              
One Euro                                                            71/10 afgs                                   
One Emirate’s Dirham                                       18/35 afgs                              
One Thousand Pakistani Rupees                          624 afgs       
One Thousand Indian Rupees                            1065 afgs               
One Thousand Iranian Rupees                          17/95 afgs      
 

Wednesday February 22, 2017

Kabul (BNA) Eklil Hakimi, Minister of Finance and Roberto Canton, Ambassador of Italy signed a grant agreement of Euro €4,000,000 to reduce maternal and child mortality in the presence of Ferozuddin Feroz, Minister of Public Health here yesterday, a statement from Ministry of Finance said.
Minister of Finance reiterated the importance of this project and thanked the Italian government and its people for their continuous support for health, education, infrastructure and security, the statement added. “This grant would be used by Ministry of Public Health in Kabul and Herat provinces to strengthen health institutes, reconstruction of surgery ward of Indira Gandhi Children’s Hospital, establishing maternity wards in hospitals and providing health training programs abroad” said Ferozuddin Feroz, the Minister of Public Health. “Supporting health sector is the priority of Government of Italy and it has been years working in Kabul, Herat, Badghis provinces,’ Roberto Canton, Ambassador of Italy was quoted in the statement. He reassured of its continued assistance to Afghanistan. In addition, Government of Italy contributed in different areas for many years and is among long-term partner of Afghanistan, the statement concluded.
 

Wednesday February 22, 2017

Kabul (BNA) The National Procurement Commission with President Mohammad Ashraf Ghani on the chair held session here the other day and approved four contracts worth 270 million Afghanis, a statement from presidential press office said.
According to the statement, the contracts involved asphalting 9.5 Km of Kabul-Gardiz to Zarkhon Shahr city of Logar’s Mohammad Agha district and other necessary livelihood for the administrative office of the president. The contracts of Ministry of Telecommunication and Information and Technology on connection of the country’s 16 universities to internet services and the amendments of the contracts for maintenance of the Ministry of Defense’s power plants and generators were rejected due to high rates as well as further study and exact calculation of the amounts, the statement added. The commission also rejected the proposed contract of the Ministry of Public Works on reconstruction of the second phase of Kama-Barkash Kot road of Nangarhar province, and the ministry was tasked to represent the proposal considering the restricted tendering procedures. The commission was attended by the Second Vice-President Mohammad Sarwar Danesh, Chief Executive Dr. Abdullah Abdullah, Ministers of Finance, Economy, Justice, senior advisor to president on infrastructures, officials of the national procurement authority, SIGAR observers, Mishrano Jirga’s commission of telecommunication and PACC representatives, the statement concluded.
 

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