24 September 2019

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Economic

Sunday, July 28, 2019
Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              79/80        Afs
One Pound Sterling                                            88/80       Afs
One Euro                                                            86/50       Afs
One Emirate’s Dirham                                       21/70Afs
One Thousand Pakistani Rupees                           501       Afs
One Thousand Indian Rupees                              1170       Afs
One Thousand Iranian Rupees                            06/50       Afs
Yarzada

Sunday, July 28, 2019
Kabul (BNA) Officials from the Afghan government, the European Union delegation in Kabul and private sector attended a meeting on the ‘Advancing Afghan Trade’ project, which is facilitated by the International Trade Center.
The project is an EU-funded initiative, launched in November 2016, which aims to strengthen the country’s trade capacities so as to capitalize on the occasion of the country to the World Trade Organization, the EU said in a statement on Saturday.
The statement says that the project supports Afghanistan to improve its business environment in order for Afghan products to integrate the regional and global value chains.
Participants reviewed the progress over the last three years of the project and discussed plans for the activities to be further implemented until the end of this phase in six month time.
“Working on trade in Afghanistan is working on peace,” the EU Ambassador in Afghanistan, Pierre Mayaudon, said.  “We are supporting the Afghan Government’s Advancing Afghan Trade’.  EU prioritizes economic integration and connectivity as a key to achieving peace.”
“I announce the continuation of the EU’s support for years 2020-24 through phase two of the project, funded by € 12 million,” Ambassador Mayaudon added.  The ‘Advancing Afghan Trade’ EU funded project supports the Ministry of Industry and Commerce objective to reach $1.ob 0b of exports this year.” Said Ajmal Ahmadi, Minister of Industry and Commerce.
In the coming months, until the end of phase 1, the project will further support bilateral dialogues with trading partners from the region, coach SMEs on exports procedures, launch the Afghanistan trade portal, see the Afghanistan National Trade Policy officially endorsed by the Afghan government and finalize the preparations and design of phase 2 due to start in the 1st quarter of 2020.

Saturday, July 27, 2019
Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                         79/75        Afs
One Pound Sterling                                            98/40       Afs
One Euro                                                            89/20       Afs
One Emirate’s Dirham                                       21/75       Afs
One Thousand Pakistani Rupees                           502       Afs
One Thousand Indian Rupees                              1170       Afs
One Thousand Iranian Rupees                            06/75       Afs
Yarzada

Friday July 26, 2019
Kabul (BNA) Supply of airplane tickets in black market, has aroused complain of a number of passengers and say that exploiting the constraint of passengers of domestic flight. These passengers say that exploiting constraints of passengers, the ticket sellers sell than higher them original prices with a difference of at least US $50 per ticket.
Ibrahim Temori a local passenger who has just returned from Herat to Kabul said, I bought Kabul-Herat ticket with a difference of US $13. I referred to a KAM AIR Ticket sellers in Herat but all tickets were already sold. Finally I managed to buy a ticket from black market against $ 13 higher for $110 while the actual price was $97.
Abdul Wahab Siddiqi another passenger claims, that some times before I wanted to travel to Kabul from Herat but all tickets were sold and finished. So I had to buy ticket with a difference of US $ 25 from a ticket center.
Herat lawmakers in the house confirm that tickets from domestic flights are supplied in black markets with a difference of 10-25 US $ than original prices. In an interview, Herat lawmaker in the lower house and secretary of the house complaints commission Hamidullah Hanif said, since long times, tickets for domestic flights are sold in black market with higher prices and no steps are taken against this situation.
Hanif assures that he would discuss this issue with relevant bodies in the house.
At the same time confirming many complains on this issue, the officials of KAM AIR said that dealing with this question is not their responsibility.
Media in-charge of KAR AIR Najib Paiman said, a number of ticket sellers who are not connected to KAM AIR over charge tickets on crowded occasions. But if there are any complain on KAM AIR ticket sellers, it would be assessed.
The KAM AIR officials point out that they use international sales system for management of tickets selling, so no seller is allowed to over charge tickets.
The officials of private airlines and national avaition said that dealing with these issues is the responsibility of Afghan Tour department. Director of Afghan Tour Department Noor Mohammad Hussein Khyl said, tickets are supplied in bazzar in two ways to ticket selling centers either directly against a certain interest or through internet bazzar and at present there is no essential supervision on sell and buying of tickets.
But the black markets will be prevented soon.
Massouda Qarizada
Ansari

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