24 September 2017

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Economic

Saturday, September 23, 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                                            68/35 Afs                           
One Pound Sterling                              91/30 Afs                           
One Euro                                               81/20 Afs                           
One Emirate’s Dirham                         18/60 Afs                           
One Thousand Pakistani Rupees          638 Afs                           
One Thousand Indian Rupees               1070 Afs                                         
One Thousand Iranian Rupees              17/30 Afs                           
T. Yarzada
 

Saturday, September 23, 2017

Kabul (BNA) Attended by Chief Executive, Dr. Abdullah Abdullah, the contract of five road construction and a concrete bridge projects cost 4bln Afghani were signed between the ministry of public works and contractor companies at the Sapidar Palace the other day, CE office said in a statement.
During signing ceremony, CE Abdullah said, “We have done this to fulfill part of our commitments.”
Acting minister of public works said, “The first part of Badghis’s Qaisar Laman road lengths 33km and costs 249 mln afg, Faryab’s Chahar Toot-Dahani Ayar road lengths 7km and cost 117 mln afg, Doab road lengths 11km and costs 179mln afg would be constructed within 17 months.
Stressing on UN continued support, UNOPS representative said his entity would help the people and government of Afghanistan to improve.
Stressing on importance of projects, CE Dr. Abdullah Abdullah said such projects would be effective in economic growth, removing unemployment and connecting people.
He asked the contractor companies to hire the locals as professional workers.
Dr. Abdullah assured the representatives of mentioned provinces that speed, transparency and quality of projects would be prioritized.
 

2017Monday, Septemer
Tuesday, September 19, 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                                            68/65 Afs                           
One Pound Sterling                              91/80 Afs                           
One Euro                                               81/60 Afs                           
One Emirate’s Dirham                         18/60 Afs                           
One Thousand Pakistani Rupees          644 Afs                           
One Thousand Indian Rupees               1070 Afs                                         
One Thousand Iranian Rupees              17/40 Afs                           
T. Yarzada

Tuesday September 19, 2017

Kabul (BNA) Solar and wind projects play significant role in Afghanistan, as the ministry of energy and water is making effort to establish and utilize such projects in the country.
The first-ever solar and wind power plant with the capacity of generating two megawatts of electricity was put into service  at the industrial park in western Herat province on Sunday. Water and Energy Minister Ali Ahmad Osmani, who inaugurated the plant, termed the $3.5 million project as “a biggest one” in Afghanistan. He said the plant would produce two megawatts of power. The solar panels would produce 1,700 kilowatts while the wind turbines would generate 300 kilowatts, he added.
He said nearly 15,000 families would benefit from the plant-generated electricity. The complex on 40 acres of land contained 5,320 solar panels and three wind turbines. Minister Osmani expressed gratitude to Japan, which funded the project. According to the minister, the plant will benefit 100 small factories in the industrial town of Herat city, the provincial capital, as well. He said the new plant would help reduce reliance on power imported from neighboring countries. He said similar projects would be carried out in various provinces in the next few months. An economic expert, Saifuddin Saihoun told that recently many projects have been inaugurated by the government in Herat province—a move which would be effective to improve people life in different fields.
Another economic expert, Azrakhsh Hafezi said, “There is no doubt that Afghanistan is a country where is dependent to other countries in term of energy, adding if the country’s domestic energy is used, it will somehow solve the problems in the respect.” The ministry of energy and water’s recent step can be effective toward Afghanistan’s self-reliance, he added.
Likewise, general head of Breshna Company, Amanullah Ghalib said $30mln has been considered to be spent to expand power network in some districts of Heart province. A number of Heart’s provincial council members and residents welcomed the project and expressed their happiness. They hoped such projects to be launched across the country to shun reliance on imported power. Currently, the people of Heart are using importing power of Iran and Turkmenistan, they hope their problems in this regard to be soon solved.
Shukria Kohistani
 

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