23 June 2017

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Economic

Wednesday, June 21, 2017

Kabul (BNA) The ministry of finance has said that estimates indicated that development budget had been spent far less than expected.
Mustafa Shareq, in charge of Budget Security Section of the Ministry has said the fresh evaluation has highlighted that the budget spend midyear (this year’s first six month) was 15 percent – very little, arguing technical problems, insecurity, and imposing some condition by the donors of the projects, were the main reasons behind the scale-down, compared to the last year.
However, he said the budget had been directed to have been properly spent.
429 billion Afghanis for the 2017’s fiscal year budget with 248 billion ordinary and 161 billion development has been inked by the house of people.
According to the information provided by the ministry of finance, right now, 63 budgetary units were available with yet to be clear that how much percent of their budget they owned, but ten days ago, more 12 ministries possessing more than 80 percent of their development budget have attended a meeting held at the Presidential Palace.
Seven ministers, for failing to spend less than 70 percent of their budget have been disqualified by the house of people, by the end of the last fiscal year.
Analysts believed if the ministries send the allocated budget to the provinces, they will not face lack of budget.
The provincial governors should authorized in expenditure of the budget, but this should be investigated that where the budget has been spent, said an analyst Sayed Qeyas Sayedi.
“Contracts are restricted to be signed within ministries. The provincial governments should authorized to spend the budget through giving projects to the people. Procurement and bidding systems should be conducted at both the center and provincial levels,” said Sayedi.
He said if the projects were not executed and the people were not provided with work opportunities, insecurity would persistently surge in the country.
Shukria Kohistani
 

Wednesday, June 21, 2017

Kabul (BNA) President Mohammad Ashraf Ghani officially inaugurated Kabul-New Delhi aerial trade corridor, his office said in a statement on Monday.
According to the statement, the first freight flight took off from the capital Kabul on Monday afternoon, carrying 60 tons of medical plants worth $ 11 million.
Afghanistan is eyeing a 60 percent surge in exports to India through this air route, after frequent border closures by Pakistan has affected its trade drastically in the last two years, the statement added.
The next flight will take off in a week from eastern province of Kandahar, with an estimated 40 tons of fresh and dried fruits. Similar flights are scheduled from India to Afghanistan.
The idea, conceived during President Ghani’s trip to India for the Heart of Asia Istanbul Process summit last year, would link Kabul and Kandahar to the Indian capital, New Delhi.
President Ghani was accompanied by Indian Ambassador Manpreet Vohra, a number of cabinet members, presidential advisors and some other officials at the Hamid Karzai International Airport, as they saw the state-owned Ariana Airlines fly for New Delhi.
“Those who create challenge for us should know that we turn challenge into opportunity,” President Ghani said while urging neighboring countries to come together for economic connectivity and elimination of poverty in the region, the statement continued.
Kabul based Indian ambassador Vohra said he hopes bilateral trade would reach the billion dollars mark in the next three years.
Welcoming the initiative, deputy to the chamber of commerce and industries, Khan Jan Alokozai said, “The transit problems have been told by private sector to president at the very first days of the national unity government, and today we witness inauguration of Afghanistan-India air corridor.”
Thanking the India Prime Minister, Narendra Modi cooperation and special attention to the people and government of Afghanistan, President Ghani said, “I and Modi were already reached an agreement on establishing the air corridor and today, we practically witness this.”
The president instructed the customs and Hamid Karzai International airports’ in-charges to review the private sector problems on exporting products and present the report to the presidential office within the next two weeks.
 

Tuesday, June 20, 2017

Kabul (BNA) The first air cargo service between India and Afghanistan was launched today by Ariana Afghan Airlines.
Indian ambassador to Afghanistan Manpreet Vohra confirmed on his twitter account that the first return flight was set to leave Kabul for Delhi today.  The service will bypass the land crossing between the two countries via Pakistan.  Indian press reports said that Pakistan has put limitations on the amount of cargo Afghanistan is allowed to export to India, while in the opposite direction a complete ban is in place.  However, the flight will use Pakistani airspace.  Initially, the service will fly once or twice a month, but this could increase if there is enough demand.
 

Tuesday June 20, 2017

Kabul (BNA) The National Procurement Commission (NPC) with President Mohammad Ashraf Ghani on the chair approved 10 contracts, including four road asphalting projects worth 1.4 billion Afghanis, a presidential statement said yesterday.
According to the statement, the contacts include:
- Asphalting Parwan-3 road, road connecting Tanzif square to Lab-e-Jar square, 500 Family square and Lycee Maryam road to Khesht-e-Hochtif related to Kabul municipality.
-  Reconstruction of Laqi, Shahrwan and Seyah Aab canals of Takhar province related to Ministry of Energy and Water.
- Recruitment of Consultation Company for the Trans-Hindukush road project related to Ministry of Public Works.
- Maintenance services of Hamid Karzai International Airport.
- Maintenance project of Mazar-e-Sharif Radar system related to Civil Aviation Authority.
- Purchasing of 191 items of vehicle belong equipment related to Ministry of Interior.
- Provision of IT equipment to Capital Region Independent Development Authority.
- And public awareness project related to Ministry of Counternarcotics
The National Procurement Commission also discussed classification of the companies based on their capacities in order to prepare the ground for further engagement of the small and middle class companies to take part in procurement process, in particular those of women-run firms, easing domestic investment opportunities in construction sector in the country.
The session was attended by the chief executive Dr. Abdullah Abdullah, Ministers of Finance, Economy and Justice, Presidential senior advisor on infrastructural affairs Dr. Mohammad Homyoun Qaiumi, officials of the National Procurement Authority and observers of the budgetary commission of the National Assembly.
 

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