25 April 2018

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Economic

Saturday, March 24, 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//10 Afs                           
One Pound Sterling                                 96/90    Afs                                                 
One Euro                                                84/60 Afs                           
One Emirate’s Dirham                           18/75 Afs                           
One Thousand Pakistani Rupees             607 Afs                           
One Thousand Indian Rupees                1060 Afs                                         
One Thousand Iranian Rupees              14 Afs                           
Yarzada
 

Saturday, March 24, 2018

Kabul (BNA) President Mohammad Ashraf Ghani in a meeting with a number of farmers at Salam Khana Palace the other day, said Afghanistan’s Pine Nut should be relieved from its dependence on Pakistani market and that revenue from the pine, saffron, almond and other dried fruits could reach $2 billion annually, if market is found for them, a statement from the presidential palace said yesterday.
The meeting on Thursday evening which came after a national farmer’s day was observed nationwide, the president said labor was worshiped in Islam and thanked farmers for employing most of the country’s population. The president also greeted the farmers on the new solar year.
The president once again extended his heartfelt condolences to the families of those martyred and wounded in Wednesday’s terrorist attack in Kabul.
Pointing to management of the country’s water resources, the president said water was Afghanistan’s pride which should be controlled and accessible to all, adding the country’s land had not been properly used and that government had programs to pave the ground for Sharia bank loans to farmers and protection of their properties.
In a reference to potatoes produced in central Bamyan province, the president said chips making factories were being established in order to prevent foreign chips from being imported to the country. He said Afghanistan saffron had a good market in China and market for other exports should be found.
President Ghani said the Afghan pine nut should be relieved from its reliance on Pakistani market, adding revenues from the pine, almond, saffron and other dried fruits could increase to $2 billion annually if market was found for them.
President Ghani said farmers should use modern machinery and turn agriculture into a science, directing the Ministry of Agriculture to work jointly with farmers in this regard.
Addressing the farmers, the president said government was negotiating with Saudi Arabia, UAE and European countries to establish markets for Afghan products.
Meanwhile representing others, Ms Mushtari, Abdul Hamid and Ali Gul spoke and thanked President’s attention to agriculture in the country.
 

Saturday, March 24, 2018

Kabul (BNA) The National Procurement Commission (NPC) on Tuesday approved 21 contracts worth 5.5 billion Afghanis, a statement from the presidential palace said.
The NPC with President Mohammad Ashraf Ghani on the chair discussed and approved requests for award of the contracts, the statement said.
The meeting approved 15 new contracts to purchase foodstuffs (dry bread, meat, vegetables, dairy and fruit), diesel and petrol, gas and wood needed by Afghan National Police Corps.
The meeting also approved a procurement contract for equipment required for a power substation in Pul-e-Charkhi area on the eastern outskirts of Kabul. The contract was related the Breshna company in Kabul. The meeting also approved Ministry of Defense’s contract offer for 38 bandwidth sites of fiber optic.
The NPC Okayed contract for procurement of contracts between the Government of Afghanistan and other governments and international organizations and procurement contracts for usually used items.
The National Procurement Commission also endorsed contracts for septic tank drainage and solid waste management projects, maintenance of power system, air conditioners and generators and water supply and sanitation system related to the Ministry of the Interior.
In addition, commission members stated that the Ministry of Interior contracts were for the year 1397 only and the ministry was required to review quality of the contract every quarter of the year.
President Ashraf Ghani said logistics were a means of supporting and strengthening the private sector and a plan should be prepared for participation of all domestic companies in the bidding process.
In addition to the head and members of the national procurement commission, Chief Executive Dr. Abdullah, Ministers of Finance, Economy and Justice, senior presidential advisor on infrastructural affairs, the national and international observers including the parliament budget and finance commissions, national economic commission of the Wolesi Jirga, SIGAR and the Resolute Support’s CSTC-A have also attended the meeting.
 

Monday March 19, 2018

Kabul (BNA) Afghanistan Telecommunication Regulatory Authority (ATRA) has signed contract for awarding investment license on the national Fiber Optics, with the private telecommunication companies – AWCC, Etesalat and the Asian Consultative Group, costing 383 million USD, a statement from the Presidential Palace said Sunday.
The contract’s signing ceremony, which was attended by the country’s president, Mohammad Ashraf Ghani, was held at the Presidential Palace, according to the statement.
The High Economic Council (HEC) which was chaired by President Ghani also discussed the budget draft law of the ATRA for 2018, and delayed to the next session of the council for more discussion, said the statement.
The council meeting resolved that the ATRA should work on professionalization, capacity building and standardization of the administration.
The president also emphasized on reduction of the telephone and internet top-up and said that a real picture from the districts should be obtained and that an alternate devices for the telephone towers in the insecure areas should be considered.
The High Economic Council (HEC) meeting also asked for a need to assess the air aviation companies and that issues about correct management, reforms, capacity building and professionalization should be discussed. The meeting said that the internal air aviation companies should be credited and cooperation should be paved with the foreign aviation companies, said the meeting.
According to the statement, the meeting also emphasized on the need for increase in the revenues and marketing of domestic air aviation companies and tasked the ministries of finance and economy to work jointly within a working group on the standards of giving licenses in this field.
 

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