29 April 2017

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Economic

Sunday, February 26, 2017
Kabul (BNA) Peace, stability and security are the phenomena which can bring development and lead the country towards economic development and self-sufficiency.
Our country, suffered by three decades of continued war, needs now to be secured and renovated as by bringing security and peace we can lead the country towards economic development and stability.
Economy which can play vital role in development of a country and betterment of life condition of the people will bring considerable changes in current situation of the country if we have big infrastructural projects, a regular plan for agriculture, irrigation system and extraction of the country’s valued mines as well as plans for implementation of future economic plans in the country.
In coming solar year, the people of Afghanistan have lots of hopes and pray to have a peaceful and secured environmental to work for development of their country. This year, the government has a considerable achievement in peace process as by efforts of the government and the people Hebz-e-Islami Hekmatyar joined the peace process and the people of Afghanistan hope that other groups will join peace process in coming solar year and reach to lasting peace and the continued war in the country will end forever.
Currently, Afghanistan economy is getting better day by day as the government is making effort to address current security problems, implement big economic projects, end unemployment and poverty, prevent poppy cultivation and continue counter corruption effort in the country so that such efforts and developments will bring big changes in life condition of the people. For further economic development in the country, the government should pay much attention to private sector and support them so that domestic products would be ready for exports to neighboring and other countries of the region as the private sector can play positive effective in economic development of the country.
On the other hand, security which can play key role in economic development of the country should be maintained because no steps would be taken towards better economic development without security and stability.
In Afghanistan, located in heart of Asia, stability is a key element for economic development. If there is peace and stability in the region, Afghanistan is a good place for regional transit and opportunity for implementation of big regional projects. Eventually, political and economic experts say and believe that the government by paying serious attention to government and private sectors, support industrial companies and their products and improvement of agriculture can bring considerable changes in life condition of the people and will lead the country towards economic developments.
Waqar Ahmad Momand

Sunday, February 26, 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                              84 afgs                         
One Euro                                              71/50 afgs                        
One Emirate’s Dirham                         18/60 afgs                          
One Thousand Pakistani Rupees          623afgs                        
One Thousand Indian Rupees               1020 afgs             
One Thousand Iranian Rupees             17/65 afgs                       
 

Sunday, February 26, 2017

Kabul (BNA)  Eklil Hakimi, Minister of Finance chaired the meeting on transferring the construction projects of ministries and other government organizations to the Ministry of Urban Development and Housing (MUDH), a statement from Ministry of Finance said yesterday.
In the meeting attended by ministers of Urban and Housing, Higher Education and Public Health, deputy ministers of education and Hajj and religious affairs, implementation of the Presidential Decree No 3828 dated 11.12.1395 to transfer the construction projects of Ministries and other government organizations to the Ministry of Urban Development and Housing as discussed, the statement added.
the decision was made that the Ministry of Urban Development and Housing should apply this decree considering a mechanism and The Ministry of Finance shall cooperate in the retransfer funds to these projects, the statement said. 
 

Saturday February 25, 2017

Kabul (BNA) The recent move of Pakistani authorities for closing its borders with Afghanistan is just a political move that have no bad affect on Afghanistan’s economy and commercial activities.
The economic affairs analyst of BNA commenting on the issue writes researches and assessments carried out by media of some countries and economists have concluded that the recent Pakistani authorities provocations  against Afghanistan among them closing the borders is a political move and is an attempt for bringing Afghanistan under pressure, but has no any bad affect on Afghan economy. The Pakistanis authorities after the occurring of terrorist incidents last week in that country, claiming that the designers of those deadly incidents have hidden in Afghanistan territory. Therefore, shelling missiles on Afghan soil, disturbing, and annoying Afghan refugees living in that country, closed Torkham and Speenbuldak borders to the traffic hoping to bring along the problems of Afghan state and its people. The aim of these inhuman activities and rocketing, which were against all international norms and standards, was to impose its ambitious and evil demands on Afghans.
However, the research and assessments carried out by a number of Medias and economists prove the opposite of that because Pakistan has sustained heavier losses than of Afghanistan. The research clearly demonstrates that during the last months, the bulk of trade between Afghanistan and Pakistan unprecedentedly decreased because, Afghanistan finding alternative commercial routes, succeeded to provide its required goods through other commercial borders better than Pakistani borders. Today most of consumer goods of Afghanistan such as flour, edible oil, rice, chemical materials, fuels, agricultural instruments are provided from the markets of other countries like Iran, India, Kazakhstan, Russia and so on, while Afghanistan’s import from Pakistan was only limited to fruits and vegetables. Therefore, closing the borders have no any more serious bad affect on Afghan economy and its commercial dealings, it was Pakistan that sustained heavy economic losses.
It is Pakistan that draws the highest profit from commercial dealings with Afghanistan, because, the bulk of commercial dealings between the two countries reached to more than one billion dollars within a year, the Afghanistan’s share was only 15% of the sum, 85% of it was the cost of  Pakistanis exports to Afghan markets. It is a clear evident that Pakistan has sustained the heaviest losses from closing the borders, on one hand Pakistani exports to Afghanistan seriously decrease, on the other hand by closing the borders, Pakistan closed the transit routes to central Asian countries. According to economic affairs experts, Pakistan carrying the recent provocations, mostly considers its political interests to bring Afghanistan under pressure against all international criteria and using this sinister policy wants to achieve its ambitious regional goals. While the recent developments indicate, that Pakistan has chosen a way that not leads to Mecca but to the hell where she will be there forever. 
 

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