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62 Percent of Development Budget Consumed: MoRRD

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(Last Updated On: October 24, 2022)

2Officials in Ministry of Rural Rehabilitation and Development (MoRRD) said 62 percent our development budget has been consumed so far and soon $ 33,3 million dollar would be added on the development budget of the Ministry to launch various projects, in the recent act the following Ministry has signed 28 projects with cost of 1 billion Afghani with different companies to do the work in 15 provinces.

Ministry of Rural Rehabilitation and Development is in the second position of the Ministries list which has consumed most of its development budget by launching different projects across the country.

Minister of Rural Rehabilitation and Development Naseer Ahmad Durani said,” We have consumed 62 percent of our development project, the current budget is $ 245,7 and soon $ 33,3 million dollar would added in the development budget which will level up the budget close to $ 280 million.”

28 development projects were signed between the Ministry and private companies.

“We have signed 28 development projects with the cost of 926, 1000000 million Afghani which will include construction of roads, residential houses in Refugees Town and irrigation system Minister of Rural Rehabilitation and Development Naseer Ahmad Durani said.”

Due to huge part of the projects will be implemented in Baghlan province, representative of Baghlan insisted on the clear implementation of projects.

Mp Obaidullah Ramin said,” We demand both sides to implement the projects based on the standards and officials within the Ministry to have close eye and supervision from the quality of work which will done by the contractors.”

It’s mentionable that Ministry of Rural Rehabilitation and Development has been launching 10785 projects across the country with the costing of $ 292 million on Transportation, irrigation, drinkable water, health, education, electricity in 34 provinces of Afghanistan.

Reported by Ali Asghari

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Afghanistan’s imports and exports totaled $10.3 billion last year

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(Last Updated On: May 15, 2024)

The National Statistics and Information Authority (NSIA) said on Wednesday that last year, the value of exports totaled $1.79 billion while imports totaled $8.57 billion.

According to NSIA, fruits accounted for the largest share of export items last year, totaling over $645 million.

Medicinal plants, minerals and vegetables were the next top three items respectively to be exported.

Meanwhile, petroleum and oil accounted for the largest portion of imported goods, totaling over $1.37 billion.

Another large portion of the total amount imported went to machinery, vehicles and parts. This totaled over $1.15 billion, followed by textiles, metals and metal products.

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Acting commerce minister heads to Russia to attend Kazan Forum

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(Last Updated On: May 14, 2024)

Nooruddin Azizi, Acting Minister of Industry and Commerce, headed to Russia to participate in an international economic meeting in Kazan, Tatarstan.

The aim of the Russia-Islamic World: KazanForum 2024, the 15th edition of the forum, is to offer a platform for leading international economic and financial specialists from the Islamic world to strengthen ties between the countries of the Organization of Islamic Cooperation (OIC) and the regions of the Russian Federation in the economic, educational, social and cultural spheres, Anadolu Agency reported.

The Ministry of Industry and Commerce said that Azizi, leading a high-level delegation of the Islamic Emriate, traveled to Tatarstan at the invitation of Tatarstan President Rustam Minnikhanov.

The forum is held between May 14 and 19.

The forum also aims to promote the development of Islamic financial institutions in Russia and worldwide, with a focus on joint international projects and programs, according to Anadolu Agency.

More than 80 nations are expected to participate in the event, including representatives of the United Arab Emirates, Bahrain, Malaysia, Türkiye, Iran, Libya, and other OIC member states.

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Afghanistan can become important industrial center in region: Hanafi

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(Last Updated On: May 13, 2024)

Deputy Prime Minister for Administrative Affairs Abdul Salam Hanafi says Afghanistan has the potential to become one of the most important industrial centers in the region.

Speaking at the opening ceremony of the national and international expo on the occasion of Industry Week, Hanafi said that the growth of industry lays the foundation for the growth of other economic sectors and that the Islamic Emirate fully supports domestic production in the country.

“Afghanistan has important and rich factors for industrial production, which can become one of the important industrial centers in the region. The growth of industry will be the basis for the growth of other economic sectors, especially agriculture,” said Hanafi.

Acting Minister of Industry and Commerce, Nooruddin Azizi, added that the IEA has programs in the fields of industry development and support for the private sector that will make Afghanistan self-sufficient.

Azizi stated that Afghanistan’s industrial sector is currently progressing and the quality of export goods has also improved.

Some investors said at the ceremony that after the return of the IEA, the country’s exports have increased and the number of manufacturing companies has also increased.

This expo is open to visitors for seven days, and industrial products are showcased in 450 booths.
Women in business also attended the meeting.

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