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Al-Qaeda gaining strength with help of Taliban: US Treasury report

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The US Treasury Department has issued a memo stating al-Qaeda is “gaining strength” in Afghanistan under the Taliban’s “protection”.

In answer to inquiries from the US Department of Defense’s Lead Inspector General on illicit terrorism financing, the US Treasury Deparment also stated that despite the US-Taliban deal signed in February last year that calls for the Taliban to cut ties with al-Qaeda, the two groups were still closely allied.

“As of 2020, al-Qaeda is gaining strength in Afghanistan while continuing to operate with the Taliban under the Taliban’s protection. Al-Qaeda broadly still depends on donations from
like minded supporters, and from individuals who believe that their money is supporting humanitarian or charitable causes,” the report read.

“Al-Qaeda capitalizes on its relationship with the Taliban through its network of mentors and advisers who are embedded with the Taliban, providing advice, guidance, and financial
support.

“Senior Haqqani Network figures have discussed forming a new joint unit of armed fighters in cooperation with and funded by al-Qaeda,” the report stated.

The report also stated that elements of al-Qaeda, including affiliate al-Qaeda in the Indian Subcontinent (AQIS), and terrorist groups targeting Pakistan, such as Tehrik-e Taliban Pakistan (TTP), continue to use the Afghanistan-Pakistan border region as a safe haven.

“AQIS likely receives funding from al-Qaeda senior leadership,” the report stated adding that “as of May 2020, the Taliban and al-Qaeda maintained a strong relationship and continued to meet regularly.”

On the state of ISIS-Khorasan’s (Daesh Afghanistan) finances, the treasury report stated “ISIS-K primarily raises funds through local donations, taxation, extortion, and some financial support from ISIS-core.

“In 2019, Afghan Taliban and Afghan government forces retook ISIS-K’s stronghold in southern Nangarhar, which decreases the amount of money the group could earn exploiting natural resources in this territory.

“As of early 2020, ISIS core was possibly providing some funds to ISIS-K. According to Treasury’s information, ISIS-K retains at least some financial reserves and relies on hawalas, particularly in Kabul and Jalalabad, to transfer funds,” the report read.

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Bayat Power’s 40-megawatt gas-fired turbine resumes operations in Jawzjan

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Bayat Power’s 40-megawatt gas-fired power turbine has resumed operations in Jawzjan province following an inauguration ceremony attended by Mullah Abdul Ghani Baradar Akhund, Deputy Prime Minister for Economic Affairs, on Saturday.

During the ceremony, Mullah Baradar praised Bayat Power’s investment in gas-fired electricity generation and encouraged other investors to invest in the electricity sector and other areas of the country’s economy.

He said the Islamic Emirate of Afghanistan had taken significant steps towards economic growth and industrialization, creating favorable investment opportunities across the country.

Mullah Baradar also called on investors and industrialists to contribute to Afghanistan’s reconstruction and development and help create employment opportunities for the Afghan people.

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Afghanistan’s finance minister travels to Iran for official visit

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Afghanistan’s Minister of Finance, Mohammad Nasir Akhund, has travelled to Iran at the head of a delegation following an official invitation from Iran’s Minister of Agriculture, the Ministry of Finance said.

During the visit, Akhund is expected to meet with various Iranian officials to discuss bilateral economic, trade, customs and other related issues.

The visit will also include discussions on key topics for an upcoming meeting of the joint economic commission between Afghanistan and Iran.

 
 
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Newly rehabilitated power line to benefit 60,000 consumers in Faryab

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Afghanistan’s Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar, on Saturday inaugurated the rehabilitated 110-kilovolt (kV) power transmission line connecting Maimana and Andkhoy in Faryab province.

According to the Deputy Prime Minister’s Office for Economic Affairs, the completion of the project will provide around 60,000 consumers with a more stable and reliable electricity supply.

Speaking at the inauguration ceremony, Baradar said the project would help meet local electricity needs, expand industrial activities and contribute to the region’s economic and social development.

He said the Islamic Emirate of Afghanistan (IEA) had implemented several electricity generation and transmission projects in a relatively short period, reducing reliance on imported electricity and power outages while creating new opportunities for industrial growth.

Baradar also said several major electricity infrastructure projects would be implemented over the next year to ensure a sustainable power supply, adding that the country’s existing electricity capacity would increase several times.

Addressing Afghanistan’s security situation, Baradar said the country was currently experiencing a level of security that he claimed was unmatched in most countries. He added that foreign tourists and visitors had continued to travel to Afghanistan since the IEA returned to power, including to remote areas of the country.

He rejected security-related concerns raised by some countries over travel to Afghanistan, describing them as unfounded and politically motivated. He called on the international community to strengthen meaningful engagement with Afghanistan based on realities on the ground.

Baradar also invited domestic and foreign investors to invest in Afghanistan, saying a secure and suitable environment had been created for large- and medium-scale investments.

 

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