10 December 2018

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Economic

Sunday November 11, 2018

Kabul (BNA) H.E. Dr. Mohammad Humayon Qayoumi, Acting Minister of Finance and Chief Advisor on Infrastructure to H.E. the President, along with Dr. Mohammad Karim Baz, Deputy Minister for Parliamentary Affairs participated in Meshrano Jirga General Meeting where they presented the FY-1398 National Budget to the respected senators according to article 98 of Afghanistan Constitution. 
Acting Minister of Finance provided precise information to the members of Meshrano Jirga about collection of domestic revenue in accordance with financial plan and its increment by 30% comparing to FY-1393 and successful Review of Government’s financial and economic reforms by IM.
Additionally, he gave information to the senators about, improvement in national budget use indicators, cooperation in the area of regional transit and economic, development of private sector, agriculture, transport and energy as well as FY-1398 National Budget Draft.
In the meeting, Minister Qayoumi assured them that their comments on the national budget would be considered in accordance with the laws of the country and available facilities. He asked them to confirm the national budget for implementation of development budget on scheduled time and government working process as soon as possible to be submitted to Wolesi Jirga for approval. The total amount of the national budget for FY-1398 is 399 billion AFs, 275 billion AFs of which is the ordinary budget and 124billion AFs is the development budget.
Most of the development budget is allocated for five sectors respectively 52 billion AFS for Infrastructure, 23 billion AFs for agriculture and rural development, 13 billion AFs health, 8.8 billion AFs governance and 6.8 billion AFS for education.
It is worth mentioning that, the FY-1398 national budget is prepared in accordance with realities, available resources and government priorities.  In FY-1398 national budget, the focus is on development budget that is 12% higher comparing to FY-1397 national budget.  However, there has been a saving in ordinary budget.
 

Sunday, November 11, 2018

Kabul (BNA) Nearly 3600 metric tons of Jujube worth 2 billion Afghani have been produced in Farah province.
Abdul Manan Mateen head of Farah agricultural department told BNA correspondent, Farah is one of the most important producer of Jujube which farmers and merchants of this province have received nearly 2 billion Afghani from Jujube production.
Jujube is one of the most valuable medicinal fruits which has been named (Telae Sourkh) (Red Gold) in Farah province.
According to reports, more than 1,000 hectares of land are under Jujube cultivation in this province.
Jujube of Farah province is exported to India and Pakistan, agricultural officials of Jujube production in Farah province said, the Jujube grows a lot every year in this province.
The main center of Jujube production is in Poshtroad, Anar Dara Districts, villages and suburb of Farah province and also Poshtkoh and Qala-e-Kah Districts.
According to the head of Farah agricultural department, currently Jujube has been widely cultivated in all districts and villages of that province.
Two years ago, the project for the construction and spread of Jujube gardens in Pashtoonkoh and Qala-e-Kah districts of Farah province implemented at the cost of 70,000 $, and a total of 100 Jujube gardens were created in the two mentioned districts and center of Farah province.
Officials of Farah agricultural department say technical and vocational training has been given to 200 gardeners in Farah province with the implementation of a project to expand Jujube gardens.
Farmers in Farah province say that this product is also good, and in terms of resources and energy, it is considered gourmet fruit.
Jujube fruit is used both freshly and in dry form.
T. Yarzada
 

Sunday, November 11, 2018

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              75/80        Afs
One Pound Sterling                                            97/80       Afs
One Euro                                                            86       Afs
One Emirate’s Dirham                                       20/50       Afs
One Thousand Pakistani Rupees                           566       Afs
One Thousand Indian Rupees                              1035       Afs
One Thousand Iranian
 

Saturday, November 10, 2018

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              75/60       Afs
One Pound Sterling                                            97/50       Afs
One Euro                                                            85/8550       Afs
One Emirate’s Dirham                                       50/45      Afs
One Thousand Pakistani Rupees                           570      Afs
One Thousand Indian Rupees                              1035       Afs
One Thousand Iranian Rupees                            05/40       Afs
Yarzada
 

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