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Business & Economics

President Ghani approves $20m for Paktia dam

By
On
Jan 15, 2018 - 15:51
GARDEZ (Pajhwok): Official in southeastern Paktia province say a power dam would be constructed at a cost of $20 million in Ahmadkhel district. Governor Shamim Khan Katawazai said during a visit to the district about $20 million had been allocated...
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Decreasing afghani value irks lawmakers

By
On
Jan 13, 2018 - 20:27
KABUL (Pajhwok): Wolesi Jirga members on Saturday called as ‘worrisome’ the afghani’s depreciation against the dollar, saying this would worsen economic problems in the country.
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Afghani regains value, fuel prices up in Kabul

By
On
Jan 13, 2018 - 19:15
KABUL (Pajhwok): The afghani regained some value against the US dollar last week when the prices of fuel and gold jumped and of flour dipped in Kabul, market sources said Saturday.
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9 oil importing firms owe 229bn afs in unpaid taxes

By
On
Jan 11, 2018 - 01:16
KABUL (Pajhwok): The Wolesi Jirga on Wednesday said several oil importing companies had defaulted on taxes amounting to 229 billion afghanis in the past four years. The lower house of parliament had appointed a delegation comprised of six...
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DABS inks contracts to buy equipment worth 251m afs

By
On
Jan 09, 2018 - 19:06
KABUL (Pajhwok): Da Afghanistan Breshana Shirkat (DABS) has inked contracts worth 251 million afghanis with private companies for providing required materials for uplift projects.
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Afghani losing value due to political tension: DAB

By
On
Jan 08, 2018 - 18:22
KABUL (Pajhwok): The Afghanistan Central Bank on Monday said its foreign exchange reserves had increased by $500,000 but the Afghanistan currency continued to lose value due to ‘political tensions’ in the country.
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Paktika farmers seek market for bumper pine nuts yield

By
On
Jan 08, 2018 - 16:33
SHARAN (Pajhwok): The residents and traders of southeastern Paktika province say 12,000 tonnes of pine nuts had been produced in the province this year. They say half of the pine nuts are in the storages while half exported to foreign countries...
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Ghani vows to protect uplift projects of national importance

By
On
Jan 06, 2018 - 18:18
KABUL (Pajhwok): President Mohammad Ashraf Ghani on Saturday inaugurated Khan Steel Mill, an iron melting factory, in capital Kabul and said no power could prevent Afghanistan development towards national targets. The Khan Steel Mill has been made...
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Week long drive on promoting culture of taxation launched

By
On
Jan 06, 2018 - 17:49
KABUL (Pajhwok): The Revenue and Customs Department of Ministry of Finance (MoF) on Saturday inaugurated the tax Week in a ceremony in capital Kabul to provide awareness on and further promote culture of taxation in the country, a statement from the...
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Rice, gold, US dollar up in Kabul

By
On
Jan 06, 2018 - 14:45
KABUL (Pajhwok): The prices of rice and gold have soared and the Afghani currency continues losing its value against the US dollar, market sources said Saturday. Abdul Hadi, a worker at Wazir Abad Fuel Station in Kabul, told Pajhwok Afghan News one...
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Afghan-Pakistan trade volume hits an all-time low

By
On
Jan 05, 2018 - 08:51
PESHAWAR (Pajhwok): The volume of annual trade between Afghanistan and Pakistan has slumped from 2.6 billion to just $1.6, says a leader of the business community.
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Contract for salt extraction from Ghoryan mine signed

By
On
Jan 03, 2018 - 10:09
کابل (پژواک،۱۲جدی۹۶): وزارت معادن و پطرولیم، استخراج معدن نمک رسوبی ولسوالی غوریان ولایت هرات را با یک شرکت خصوصی قرارداد نمود، که قرار است برای دو هزار تن زمينۀ کار در آن فراهم گردد.
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Tajikistan reopens border with Afghanistan after 2 weeks

By
On
Jan 02, 2018 - 21:19
KUNDUZ CITY (Pajhwok): After a two-week closure, Tajikistan has reopened its border crossing with Afghanistan in northern Kunduz province for traffic to Sher Khan Port, an official said on Tuesday.
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Turkmenistan extends power export to Afghanistan for a month

By
On
Jan 02, 2018 - 14:51
MAIMANA (Pajhwok): Da Afghanistan Breshna Sherkat (DABS) on Tuesday said power supply from Turkmenistan to western region of the country had resumed after a two days cut. A day earlier, DABS Director Amanullah Ghalib told Pajhwok Afghan News that...
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Afghanistan’s revenue higher than target this FY

By
On
Jan 01, 2018 - 20:27
KABUL (Pajhwok): Afghanistan’s national revenue was higher than the target with an economic growth of 2.6 percent in the Fiscal Year 1396, the Ministry of Finance (MoF) said on Monday. MoF spokesman Ajmal Hameed Abdulrahimzai addressed a press...
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Private media gets 50pc cut in license fee, bank guarantee

By
On
Jan 01, 2018 - 17:08
KABUL (Pajhwok): The Ministry of Finance (MoF) on Monday announced a 50 percent cut in bank guarantee and license fee for private media outlets. MoF spokesman Ajmal Hamid Abdul Rahimzai told a news conference here that the government endorsed the...
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Turkmenistan cuts off power supply to northwestern Afghanistan

By
On
Jan 01, 2018 - 14:25
MAIMANA (Pajhwok): Turkmenistan has cut off power supply to Afghanistan’s border provinces, Da Afghanistan Breshna Shirkat (DABS) announced on Monday. To the chagrin of residents, power supply to Herat, Faryab, Sar-i-Pul and Jawzjan was severed...
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Contracts for power projects worth $113m approved

By
On
Jan 01, 2018 - 12:05
KABUL (Pajhwok): The government has approved contracts for two major power projects worth $113 million to be implemented jointly by private and public sectors, the Presidential Palace said on Monday. Contracts for the projects were approved at a...
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Ghazni gets 10MW of imported power

By
On
Dec 30, 2017 - 19:34
KABUL (Pajhwok): The supply of imported electricity has been extended to southern Ghazni province that will help reduce power prices there, an official said on Saturday. Governor Abdul Karim Matin said only 10 Megawatts electricity would be supplied...
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Firewood, flour & ghee prices down, gold up

By
On
Dec 30, 2017 - 17:25
KABUL (Pajhwok): The prices of rice, firewood and ghee have been dipped while that of gold increased during the outgoing week in the capital Kabul, market sources said on Saturday. Food Traders Union, Fazal Rahman, told Pajhwok Afghan News the price...
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