Business
10 major projects underway for canals and dams across Afghanistan

Officials at the Ministry of Energy and Water (MEW) said Thursday during an accountability report that more than ten major projects involving canals and dams have been undertaken throughout the country.
According to officials, 125 water facility projects have been designed so far and plans are in place to attract investment, and legalize and implement practical measures for water supply projects in the country.
The ministry officials meanwhile added that the water shortage crisis in the capital is the result of years of irresponsibility.
“The Helmand River basin has experienced a severe drought, which is caused by global climate changes. The findings and research of world-renowned institutions also show that Afghanistan is one of the few countries that has suffered the most damage from climate change,” said Noman Nisar, Director General of Water Affairs.
In the energy sector, this ministry is still in three basic sections and has arranged five-year plans to expand and attract investment and adaptive plans that have been able to install solar energy production devices in Kunar, Bamiyan, Kunduz, Ghazni and Daikundi provinces, officials said.
The ministry has also signed agreements with Turkmenistan, Uzbekistan and Tajikistan to increase electricity.
The Energy Ministry said it has more than 411 new projects are underway, for which more than $3 billion dollars has been allocated by the Ministry of Finance to implement them.
Business
World Bank clarifies role in payments for Afghanistan projects
The World Bank said the payments concern outstanding debts owed by the former government of Afghanistan to contractors hired under World Bank-financed projects.

The World Bank said on Monday that payments being made to contractors for projects in Afghanistan related to work done prior to the collapse of the former government and that this was money owed to them.
The World Bank said the payments concern outstanding debts owed by the former government of Afghanistan to contractors hired under World Bank-financed projects.
These contractors completed their work before August 15, 2021, the World Bank said.
The contracts were made between the Afghan government and the contractors, making the government responsible for these payments, not the World Bank.
The World Bank said however it is helping to facilitate the payment process on an exceptional basis after thorough validation and independent verification.
The Bank is not a party to the contracts.
The institution said recent statements about this process and technical coordination reflect progress but noted that no restart of previous projects has been discussed or agreed upon.
Business
India allows entry of 160 Afghan trucks via Pakistan border

A day after a rare phone call between Acting Afghan Foreign Minister Amir Khan Muttaqi and his Indian counterpart Subrahmanyam Jaishankar, India has allowed 160 trucks carrying Afghan goods to enter through the Wagah border with Pakistan.
The trucks had been held up due to heightened military tensions between India and Pakistan following a deadly attack in Indian-administered Kashmir.
The conversation between Muttaqi and Jaishankar marks the highest-level political contact between New Delhi and the Islamic Emirate since its return to power in Kabul in 2021.
Although India has yet to formally recognize the Islamic Emirate as the official government of Afghanistan, it is reportedly exploring options to resume stalled development projects in Afghanistan and deepen cooperation in specific sectors.
According to The Times of India, Indian officials are also considering the possibility of extending humanitarian assistance to Afghan refugees recently deported from Pakistan.
Business
Kabul and Moscow ink five MoUs on trade, transit and energy

The Economic Deputy Office of the Prime Minister said on Friday that Mullah Abdul Ghani Baradar and Russian Deputy Prime Minister Alexei Overchuk signed five memoranda of understanding in various sectors on the sidelines of the 16th Kazan International Economic Forum.
According to a statement from the PM’s office, these agreements were signed on Friday after the Afghanistan–Russia Business Forum held in Kazan, Republic of Tatarstan.
“The agreements cover cooperation between Afghanistan’s Ministry of Transport and Aviation and the Ministry of Transport of the Russian Federation in the areas of transport and transit; expansion of trade relations between the chambers of commerce of both countries; cooperation between several major private companies of the two countries in the exploration, extraction, and refining of oil and gas in Afghanistan; and the development of regional trade and the establishment of an industrial-logistical complex,” the statement read.
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