17 July 2018

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Economic

Saturday, May 26, 2018

Kabul (BNA) Minister Hakimi and Minister Bahrami jointly signed a bilateral financial agreement with Major General Fontes of Combined Security Transaction Command for Afghanistan (CSTC-A) which is intended to support the Afghan security forces and augment the military budget.
According to the letter, CSTC-A committed AFN 54,564,396,975 for ministry of defense budget for the FY-1397.
The document will help in making the structure of security forces more effective and sustainable, implementing policies and rules, enhancing public finance and expenditure management, bringing transparency and accountability and fight against corruption.
 

Wednesday May 23, 2018

Kunduz City (BNA) At least 67 public utility projects will be implemented in northern Kunduz province during the current year.
According to BNA correspondent report, a ceremony held with participation of Abdul Jabar Naimee governor of Kunduz, heads of governmental offices and representatives of partner organizations in governor office, officials said 924 million Afs budget approved for Kunduz province that 366 million Afs is development budget and 557 million Afs is ordinary budget.
It is mentionable that budget of 67 welfare projects (buildings of schools, roads, health centers, dams, retaining walls and…) have been approved, official added.
T/M.A.Ansari
 

Wednesday, May 23, 2018

Kabul (BNA) Chairing a meeting of the Council of Ministers’ Economic Committee (CMEC), Chief Executive, Dr. Abdullah Abdullah said that expansion of economy depended on the country’s domestic products and the private sector, a statement from his office said Tuesday.
The statement quoted the CE as saying that the government was committed to provide all needed facilities to help economy grow, increase domestic products and strengthen the private sector.
In the meeting, Mustafa Mastoor, the minister of economy provided plans for the domestic products growth, reduction in trade deflection, unemployment and poverty, under which, the country’s growth and reduction model has been discussed.
He predicted the country’s economy growth by 5.5 percent until 2025, if basic change brought in the policies and balance between imports and exports.
Pointing to what the minister shared at the meeting, the country’s CE instructed the ministry of economy to share all needed plans to help the required coordination restore among the ministries, said the statement.
The country’s chief executive instructed the ministry of foreign affairs to report in details the Istanbul Process works development in order to be discussed in the next diplomatic meetings.
He also said the ground should be prepared for the meeting of the private sector at the threshold of the Istanbul Process ministerial meeting in Turkey.
 

Tuesday May 22, 2018

Kabul (BNA) Chaired by President Mohammad Ashraf Ghani, the High Economic Council (HEC) held meeting the other day during which the draft for construction of TIR parks, Afghanistan’s TIR report in Arg, the report on ground transportation system of tasked delegation on GEOKIM company in Abu Nasr-e-Farahi port and public and private partnership projects’ strategy, the presidential palace said in a statement. At the outset, the report on ground transportation system and establishment of TIR parks was separately presented by the transport ministry’s in-charges, according to the statement.
Chief Executive Dr. Abdullah Abdullah, minister of public works, head of international chamber of commerce and deputy to chamber of commerce and industries shared their views in the respect, the statement further said. CE Abdullah said the ground transportation system TIR needed more works, adding in coordination with transport sector, the ministry of transport should divide the tasks, the statement added. Afterward, the president said the chamber of commerce and industries have worked on this for three years and it enjoys good experiences, adding joint works should be done with the chamber to achieve a clear roadmap, the statement went on to say.
“Current transport sector is not responder and the sector should be given information about TIR system. Therefore, a motivation should be created so the private transport sector matches itself with the system and shares its suggestions,” the president said. CE Abdullah and deputy to chamber of commerce and industries said work on ground transportation and construction of parks should be started at the same time. The president said work on construction of parks should start sooner. The meeting decided that the ministries of public works, transport and land authority to specify the spots for construction of TIR parks along the highways and budget should be existed for its design.
Likewise, Naqibullah Faeq head of standard and norm administration presented the tasked delegation’s report on GEOKIM Company in Abu Nasr-e-Farahi Port said the delegation has confirmed the company’s existence in the mentioned port and checked the oils’ lab. The president said the report would somewhat remove the accusations and the company can attend in biddings and continue its work. The public and private partnership projects’ strategy along with a list of private and public partnership projects were also presented by the finance ministry’s in-charges in the meeting. The president said currently the ground was not paved to approve all projects, adding each project should be divided based on their sectors and to be discussed in the presence of related ministers during separate meetings.
 

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