18 March 2019

RSS Facebook

Ads

Economic

Monday, March 04, 2019

Kabul (BNA) The overview meeting on development projects funded by the World Bank chaired by Mohammad Humayon Qayoumi, Acting Minister of Finance and Chief Advisor on Infrastructure to the President here yesterday, a statement from the Ministry said.
Ministers of Communications & Information Technology, Rural Rehabilitations & Development, Acting Ministers of Energy & Water, Higher Education, Deputy Minister of Education, Head of Technical Training Department, head of Afghanistan Railway Department, representatives of Municipalities, Independent Administrative Reforms and Civil Services Commission, Ministry of Urban Development & Housing and Land Authority, Ministry of Public Health and other departments receiving assistance from the World Bank for Development Projects have participated in the event, the statement added.
In the meeting, ministries and independent agencies discussed problems they faced in implementation of their development projects while emphasizing on solution and effectiveness of the projects.
“Ministries and Independent Agencies, after receiving the assistances should spend them on the productive projects which generate revenue for the government,” minister Qayoumi said.
“By implementing these projects in revenue-generating areas, we can gradually get to economic self-reliance and sustainable economic growth,” he added as quoted in the statement.  At the end, it was decided that the projects funded by the World Bank, should be reviewed quarterly in order to speed up the projects progress the statement concluded.
 

Monday March 4, 2019

FAIZABAD CITY (BNA) The construction work of Shorabak electricity dam will be complemented within the next one year in northern Bakhashan province.
Eng. Sayed Ahmad Naseri in-charge of Kokcha basin in Badakhshan told BNA local correspondent, the electricity dam to be constructed with a sum of 44 million Euro funded by Germany that 50% construction work of the project have been completed and within the next one year the project will be utilized.
By implementing of the project and electricity to be provided for hundreds families in Badakhshan and Takhar provinces, Naseri added.
M.A.Ansari
 

Monday, March 4, 2019
Maimana (BNA) A sportswear factory started operating in Maimana city, Faryab province yesterday.
Ghulam Mohammad Babayee responsible of this factory told BNA, the factory has begun operations with a capital of $ 75,000.
He added, clothing requirement of Faryab provincial athletes and nearby provinces will be provided in this factory.
At the opening of the ceremony, Dr. Naqibullah Fayeq governor of Faryab announced his support from the athletes.
T. Yarzada

Sunday, March 3, 2019

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              74/65        Afs
One Pound Sterling                                            97/70       Afs
One Euro                                                            84/80       Afs
One Emirate’s Dirham                                       20/30       Afs
One Thousand Pakistani Rupees                           533       Afs
One Thousand Indian Rupees                              1055       Afs
One Thousand Iranian Rupees                            05/90       Afs
Yarzada
 

Page 3 of 388