18 March 2019

RSS Facebook

Ads

Economic

Sunday, January 20, 2019

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              75/30        Afs
One Pound Sterling                                            96/30       Afs
One Euro                                                            85/70       Afs
One Emirate’s Dirham                                       20/45       Afs
One Thousand Pakistani Rupees                           536       Afs
One Thousand Indian Rupees                              1075       Afs
One Thousand Iranian Rupees                            07/90       Afs
Yarzada

 

Sunday, January 20, 2019

Kabul (BNA) The customs office of southern Kandahar province has collected 7.82 billion Afghani in revenue this year, indicating a 22.6% increase from last year’s and a 13.5% increase over the target.
This comes despite the decline in volume of trade with Pakistan.
Kandahar customs director Mohammad Akbar said the revenue was collected on different items such as construction materials, drugs and other commercial goods, edible and non-edible items and commercial goods imported from Pakistan and other countries.
He added that with the activation of the E-Payment system traders in Kandahar are able to clear their taxes sooner and save time.
He further said that a laboratory for testing medicines and food materials would soon be installed in Kandahar.  Presently, these materials are sent to Kabul for testing.
 

Sunday, January 20, 2019

Kabul (BNA) The Ministry of Water and Power has signed a contract costing up to $3 million, with the M/S Unicon Ltd UK, here in Kabul Saturday, BNA reported.
Acting Minister of Power and Water of the country, during the ceremony, said the engineering technical and consultative service project, with the gratitude funds of the World Bank (WB) has been signed with the M/S Unicon Ltd UK company, in a bid to oversee the process of Gas-pipeline between Shuburghan and Mazar-e-Sharif with the length of 94 kilometer, said the agency.
He hoped the project work could go ahead with high-quality, based on the companies’ pledge, according to the agency quoting him to add:  “Production from domestic sources were our responsibility.”
The acting minister pointed to the 2,000 megawatt solar power and said 45 companies from nine countries have expressed their interests in investing for the project.
 

Wednesday January 16, 2019

Kabul (BNA) A memorandum of Understanding (MoU) for 26 projects with the cost of $10 million has been signed by the related ministries and institutions with the Indian Embassy at the presence of Dr. Abdullah Abullah, the Chief Executive of the National Unity Government (NUG), BNA reported. The projects are expected to be launched by the country’s nine ministries and two Non-Government Organizations (NGOs) in the fields of higher education, health, rural development, road building, water and power, environment, job facilitation, women empowerment and agriculture in the country’s 11 provinces. Dr. Abdullah spoke at the special ceremony in which the MoU was signed as saying, the projects have been designed in the past and implemented based on the priorities of the country’s remote areas. The launch of the small uplift projects would make the people of the remote areas hopeful for their live and help peace restore in the country. The CE thanked India for its cooperation in various fields said only the people of Afghanistan were the owners of the projects and that the related ministries and entities have to precisely implement the projects.
He also pointed to the recent peace efforts of the U.S. and hoped the efforts could give positive results and the government armed oppositions were convinced to join a negotiating table instead killing innocent people. Meanwhile, Minister of Economy, Mustafa Mastoor said implementation of the small uplift projects had positive impact and the people were satisfied with the process. “327 projects worth $65million from the totally Indian committed 577 projects, costing $177 million have been completed and work was going on the remaining”. Meanwhile, the Indian Ambassador to Kabul, Viney Kumar said the projects have been considered based on the demand of the government and people of Afghanistan and the two countries interests, mainly aimed at ensuring peace, employment and supplying services to the people of the remote areas.
 

Page 9 of 388