Economic Bakhtar News Agency is the official state news agency of the Afghan government, based in Kabul. The agency is a major source of news for all media in Afghanistan, gathering domestic and international news and providing information to outlets. http://www.bakhtarnews.com.af Mon, 18 Mar 2019 20:39:34 +0000 Joomla! 1.5 - Open Source Content Management en-gb Indian Companies to Invest Worth $12.5 Mln in Afghanistan http://www.bakhtarnews.com.af/eng/business/item/37313-indian-companies-to-invest-worth-$125-mln-in-afghanistan.html http://www.bakhtarnews.com.af/eng/business/item/37313-indian-companies-to-invest-worth-$125-mln-in-afghanistan.html Indian Companies to Invest Worth $12.5 Mln in Afghanistan

Monday March 18, 2019
Kabul (BNA) Chief Executive (CE) Dr. Abdullah Abdullah on Sunday met with a number of Indian traders at Sapidar Palace, Bakhtar News Agency (BNA) reported.
After signing agreements with Afghan traders in a meeting held in Mumbai of India and attended by CE Abdullah, Indian traders came to Afghanistan to sign four contracts worth $12.5 mln with Afghan traders in terms of public health, establishing diagnostic clinics and training local cadres, according to the agency. The companies’ representatives thanked CE Abdullah, the government of Afghanistan and US administration for international development that paved the way for trade between the two countries’ traders. Welcoming the Indian traders, CE Abdullah appreciated their step on investment in public health sector in the country.

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Economic Mon, 18 Mar 2019 05:31:09 +0000
Acting MF Discusses the Realization of Revenue Target with Provincial Customs Authorities http://www.bakhtarnews.com.af/eng/business/item/37269-acting-mf-discusses-the-realization-of-revenue-target-with-provincial-customs-authorities.html http://www.bakhtarnews.com.af/eng/business/item/37269-acting-mf-discusses-the-realization-of-revenue-target-with-provincial-customs-authorities.html Acting MF Discusses the Realization of Revenue Target with Provincial Customs Authorities

Thursday March 14, 2019

Kabul (BNA) Mohammad Humayon Qayoumi, Acting Minister of Finance and Chief Advisor on Infrastructure to H.E. the President, in order to realize the revenue target, had a meeting with provincial customs authorities.
In the meeting where Deputy Minister of Finance for Customs and Revenue was present, they discussed collection of revenue in a transparent way and completion of the target set in the document of national budget for FY-1397, prevention of merchants smuggling and standardization of customs performances.
In addition, they also talked about regulated customs clearance and enforcement of customs law, procedures and tariffs.
At the end, the provincial customs authorities, in order to meet the goals, signed a commitment letter.
The commitment letter is considered as main criteria of provincial authorities in which based on that Director General of Revenue will evaluate the customs performance at the end of every three months (quarter) and report it to Minister to make necessary decision.
M.A.Ansari
 

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Economic Thu, 14 Mar 2019 10:34:17 +0000
Cost of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/37262-cost-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/37262-cost-of-afghan-currency-against-foreign-currencies.html Cost of Afghan Currency Against Foreign Currencies

Wednesday, March 13, 2019

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              75/30       Afs
One Pound Sterling                                            98       Afs
One Euro                                                            85/20       Afs
One Emirate’s Dirham                                       20Afs
One Thousand Pakistani Rupees                           535      Afs
One Thousand Indian Rupees                              1065       Afs
One Thousand Iranian Rupees                            06/10       Afs
Yarzada
 

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Economic Wed, 13 Mar 2019 11:05:30 +0000
ADB to Invest on Infrastructural Projects, Renewable Energy in Afghanistan http://www.bakhtarnews.com.af/eng/business/item/37242-adb-to-invest-on-infrastructural-projects-renewable-energy-in-afghanistan.html http://www.bakhtarnews.com.af/eng/business/item/37242-adb-to-invest-on-infrastructural-projects-renewable-energy-in-afghanistan.html ADB to Invest on Infrastructural Projects, Renewable Energy in Afghanistan

Wednesday, March 13, 2019

Kabul (BNA) Chief Executive Dr. Abdullah Abdullah met with Asian Development Bank (ADB) for Afghanistan, Bangladesh, Bhutan, India, Laos, Tajikistan and Turkmenistan here in his office yesterday, a statement said.
ADB CEO briefed Dr. Abdullah on Bank’s programs for Afghanistan and the region, saying his organization was ready to invest on infrastructural projects, including renewable energy and economic growth.  He also thanked Afghan government’s support of ADB programs.
Thanking ADB programs, Dr. Abdullah called the organization as one of the partners of Afghan government and praised their development projects in the country, the statement added.
CE Abdullah asked ADB to align their programs in according with Afghan government priorities and help the country in the areas of renewable energy and economic growth.
 

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Economic Wed, 13 Mar 2019 06:08:52 +0000
Fig Import Expended Abroad http://www.bakhtarnews.com.af/eng/business/item/37241-fig-import-expended-abroad.html http://www.bakhtarnews.com.af/eng/business/item/37241-fig-import-expended-abroad.html Fig Import Expended Abroad

Tuesday, March 12, 2019

Herat (BNA) The Ministry of Agriculture and Livestock of Afghanistan has announced that during the year, $ 47million dry figs have been exported from Afghanistan to India, UAE, Asia and Canada countries.
Engineer Edress Zelal director of horticulture of irrigation and livestock  department of Herat said, fig production will reach to 5652 this year and the cultivated fig trees areas will reaches to 1835 acres of land in Herat province that more is the area under the  cultivation of fig trees gardens in Zendajan and Anjeel districts.
Mr. Zelal continues, fruit fig as one of tasty fruits has been able to have a good place among its consumers, and its sells at a very high price than to other fruits.
Meanwhile the Herat provincial agriculture department is working to achieve more fruit harvest and has provided facilities for fig producers, and also it has done activities to provide the fig trees sales opportunities on the market.
Herat with its good climate has a great place in cultivating cultivars and diversity, fortunately, figs are one of the most prominent fruits in this province.
T. Yarzada
 

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Economic Tue, 12 Mar 2019 11:30:24 +0000
Cost of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/37236-cost-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/37236-cost-of-afghan-currency-against-foreign-currencies.html Cost of Afghan Currency Against Foreign Currencies

Tuesday, March 12, 2019

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              75/40        Afs
One Pound Sterling                                            98/50       Afs
One Euro                                                            85/20       Afs
One Emirate’s Dirham                                       20Afs
One Thousand Pakistani Rupees                           536       Afs
One Thousand Indian Rupees                              10/65       Afs
One Thousand Iranian Rupees                            06/10       Afs
Yarzada
 

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Economic Tue, 12 Mar 2019 11:24:57 +0000
NPC Approves Nine Contracts Worth 555 Mln Afghanis http://www.bakhtarnews.com.af/eng/business/item/37233-npc-approves-nine-contracts-worth-555-mln-afghanis.html http://www.bakhtarnews.com.af/eng/business/item/37233-npc-approves-nine-contracts-worth-555-mln-afghanis.html NPC Approves Nine Contracts Worth 555 Mln Afghanis

March 12, 2019

Kabul (BNA) Up to nine contracts have been approved during a meeting chaired by Mohammad Ashraf Ghani the president of the Islamic Republic of Afghanistan, Bakhtar News Agency said Monday.
The contracts worth 555 million afghanis have been approved by the National Procurement Commission (NPC), said the agency. The contracts included road gravelling projects in Kabul and Kapisa provinces, said the agency. Some other projects related to the ministry of higher education, the ministry of education, ministry of urban developments and other government related organs have also been approved by the national Procurement Commission, the agency continued.
The offer for extension of project to buy and transfer gabion for the country’s 34 provinces’ seashores have also been discussed at the NPC meeting and approved by the members, said the agency. According to the source, two joint companies (LATRO & BUSTOS) presented their offers for collection of the tele-communication revenues have been asked to complete and present their documents within 28 days and their offer was approved by the commission.
 

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Economic Tue, 12 Mar 2019 06:39:20 +0000
Kabul-New Delhi Flights Through Pakistan to Resume Soon http://www.bakhtarnews.com.af/eng/business/item/37211-kabul-new-delhi-flights-through-pakistan-to-resume-soon.html http://www.bakhtarnews.com.af/eng/business/item/37211-kabul-new-delhi-flights-through-pakistan-to-resume-soon.html Kabul-New Delhi Flights Through Pakistan to Resume Soon

Monday, March 11, 2019

Kabul (BNA) Following the latest tensions between Pakistan and India, Pakistani authorities shut down their air space to international flights.
While Pakistan’s air space opened up for other international flights, the country had kept it closed for Kabul-New Delhi flights.
Afghanistan’s national aviation department has reported that the neighboring country will open up its air space for Kabul-New Delhi flights after March 11.
According to the officials, the blockade was supposed to end on March 8, but due to “un-specified reasons” it was postponed to 11 March.
Kabul-New Delhi flight is one of the busiest flights, with at least four companies transporting hundreds of passengers on a daily basis.
Afghans mostly travel to India for medical treatment, education and vacations.
 

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Economic Mon, 11 Mar 2019 06:58:13 +0000
Railway to Connect Iran, Afghanistan, Turkey Russia http://www.bakhtarnews.com.af/eng/business/item/37210-railway-to-connect-iran-afghanistan-turkey-russia.html http://www.bakhtarnews.com.af/eng/business/item/37210-railway-to-connect-iran-afghanistan-turkey-russia.html Railway to Connect Iran, Afghanistan, Turkey Russia

Monday, March 11, 2019

Kabul (BNA) Pakistan’s Railways Minister Sheikh Rashid Ahmad said on Saturday that Pakistan railways will connect Iran, Afghanistan Turkey and Russia through rail link, according to Pakistani media reports.
Addressing laborers at Railways Workshop at Mughalpura, he said Turkey and Iran had also assured Pakistan Railways of cooperation for upgrading the rail link.
The minister said he had apprised Pakistan’s Prime Minister Imran Khan of his recent visit to Iran, which had assured of cooperation.
He said there was the possibility of a contact between Imran Khan and Iranian President Hassan Rouhani in the near future.
He said railway’s system would soon be extended up to Iran, Afghanistan, Turkey, and Russia, adding that Turkey and Iran had assured of their cooperation for the purpose.
 

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Economic Mon, 11 Mar 2019 06:56:53 +0000
Construction of Bakhsh Abad Dam to Begin Soon: President Ghani http://www.bakhtarnews.com.af/eng/business/item/37187-construction-of-bakhsh-abad-dam-to-begin-soon-president-ghani.html http://www.bakhtarnews.com.af/eng/business/item/37187-construction-of-bakhsh-abad-dam-to-begin-soon-president-ghani.html Construction of Bakhsh Abad Dam to Begin Soon: President Ghani

Sunday March 10, 2019

Kabul (BNA)  During a meeting with Farah’s Bakhsh Abad elders and influential, President Ghani thanked them for providing security to Bakhsh Abad dam, adding the comprehensive survey and design of the dams was completed and the practical measures to be taken after approval of its contracts via the National Procurement Commission, BNA reported.
Meanwhile representing others Haji Khayat praised President’s development plans and management of the country’s waters, saying the local people have been trying their bests to provide security for the dam. He asked government to start the practical plan for the construction of the dam. According to another report, President Ghani met with civil society representative of Farah province.
Representing others, Dr. Homayoun Shaheedzada presented the president a number of the provincial demands, including security, agriculture, management of waters and Bakhsh Abad dam, health and construction of spring houses, extension of the provincial university and sending of a delegation to review the security situation. Thanking them for sharing their demands, the president said had spoken with Siemens Company to invest onWind Power. “The winds in Herat, Farah and Nimruz provinces have the capacity of generating 65 thousand of Megawatt electricity.” Hinting to floods affected areas, the president said aids are being dispatched in close coordination with people and considering the available resources, adding agricultural canals and spring houses to be constructed in the province. Thanking people’s support of the development projects, the president said would soon send a delegation to probe the security situation of the province.
 

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Economic Sun, 10 Mar 2019 07:35:10 +0000