22 June 2018

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Economic

Tuesday, May 15, 2018

Kabul (BNA) Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) held session on Monday, the presidential palace said in a statement.
At the outset, head of National Procurement Authority (NPA) Ilham Omar Hotaki presented a report on participation of a delegation consisted of NPA and the committee to address volunteers’ protests in a five-day workshop held in Sri Lanka by the U.S. Department of Trade, World Trade Center and European Development Bank, according to the statement.
Afterward, the NPC approved nine new contracts worth 918 million Afghanis, the statement added.
The contracts are as follow:
- The contract of Andkhoy water canal related to the ministry of agriculture, irrigation and livestock,
- The contract of 144 items of oils and filters needed for Kabul Municipality,
- Procurement contract of 6 items of grains needed for directorate of security and protection of government VIPs related to affairs administration,
- Procurement contract of developing fiber optic network (DWDM),
- Capacity building contract for GSM system sections related to Afghan Telecom Telecommunications Company,
- Procurement contract of additional equipment to Afghan Telecom Company,
- Procurement contract of GSM system capacity building related to Salaam Telecommunications Company,
- Contract of 38 items of raw-materials for Sokouk Printing Press related to finance ministry,
- Contract to rent a building for New Kabul Bank main branch related to finance ministry,
It is merit to mention that the projects of ministry for telecommunications and information technology, conditional to clearing taxes of winner companies approved by the commission.  Besides, the commission approved the approval demand of contract modification (Time Extension and Decrease in Price) of consultative services on establishing NPA institute.
The meeting was attended by Chief Executive Dr. Abdullah Abdullah, second vice president Sarwar Danesh, acting ministers of economy, finance and justice, NPA in-charges, and some other government and international officials.
 

Tuesday, May 15, 2018

Kabul (BNA) Azizi Bank financially assisted Women International Campaign Organization on Monday, BNA reported.
During the ceremony, Azizi Bank’s executive deputy Abdul Fatah Karimi said this $10000 was assisted to help business-women improve socially and economically, according to the agency.
According to him, the businesswomen in Parwan, Panjshir and Bamyan provinces would be financially assisted to they play their economic role in the society, BNA added.
Deputy minister of information and culture on finance, administrative and tourism affairs associate Prof. Sayeda Mojgan Mostafavi briefly said considering high rate of poverty in the country, the private sector’s assistance to improve women economic level was precious, the statement went on to say.
Calling Azizi Bank’s cooperation with businesswomen a key step toward women economic growth, adding these cooperation should be expanded in other provinces as well, BNA continued.
She said women were the vulnerable segment of the society and need cooperation.  According to her, the private sector should also assist the women inflected to Tuberculosis and other types of diseases to be cured, the statement added.
Deputy minister of economy Mohammad Ismael Rahimi said based on figures, out of every 100 women, 36 of them were jobless which is concerning.  He added the private sector can help us in the respect.
Head of women International Campaign Organization Nasreen Rafiq said our aim was to help the women possess a small business.  She added her organization plans to expand the program in other provinces as well.
 

Monday, May 14, 2018
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                                               71/10 Afs                           
One Pound Sterling                                 95/70                         
One Euro                                                84/70 Afs                           
One Emirate’s Dirham                           19/20 Afs                           
One Thousand Pakistani Rupees          595 Afs                           
One Thousand Indian Rupees                1050 Afs                                         
One Thousand Iranian Rupees              11/10 Afs                           
Yarzada

Monday, May 14, 2018

Kabul (BNA) President Mohammad Ashraf Ghani chaired a meeting of the High Economic Council (HEC) discussing some issues related to agenda.  The Presidential Palace said in a statement Sunday.
The meeting was attended by CE. Dr. Abdullah, Eng. Mohammad Khan, the second deputy to the CE, Haji Mohammad Almas, the Presidential Special Representative on National Cohesion, Minister of Urban Development, Deputy to the Chamber of Commerce and Industries and Head of National Procurement Office, according to the statement.
The president said creation of transportation terminals was an inter-ministerial responsibility and should be set up in a way could help encourage the private investment, the statement quoted.
He called the role of the private sector the most important and said that the government had to provide land, design, determining the  rules and that the private sector has to work on the development and management of the plan, according to the statement adding the designing company should work on the allocation of the terminal construction site.
According to the statement, the president tasked the ministry of finance to allocate special budget for the designing of the terminals.
The issue of expansion of mutual relation between Afghanistan and Turkmenistan has also been discussed in the meeting, with the members discussing on the reduction of railway tariff, as Turkmenistan has asked for waiving off at least 10 USD tax each ton in the Aqina Port.
The president instructed the Railway Administration to discuss the issue with the Turkmen side and report the result in the next meeting of the High Economic Council (HEC), the statement added.
Some other issues including the start of the Atlas-Global Air Aviation between Kabul and Istanbul was discussed and approved, the statement said.
 

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