Connect with us

Business

Kabul residents complain of rising food and oil prices

Published

on

Residents and motorists of Kabul city have called on the Islamic Emirate of Afghanistan (IEA) to control the rising cost of food and fuel.

Kabul residents said the sharp increase in prices has created enormous problems for city residents.

“We don’t have the ability to buy necessary materials. We urge IEA to solve the problem soon,” said Ezatullah, a Kabul resident.

“We can’t cope with such prices during [times of] unemployment. Our situation is bad. We have no jobs, and prices have increased,” said Mohamad Shakar, another Kabul resident.

Meanwhile, businessmen said that the volume of fuel being imported into Afghanistan has dropped significantly in recent months and that the high price of oil on the foreign market has resulted in an increase in local prices.

One liter of petrol currently sells for 79 Afghanis (AFN), one liter of diesel for 82 AFN and one kilo of gas goes for 90 AFN in Kabul bazars. (1 US dollar = 87 AFN)

“We buy oil at high prices and we are forced to sell it high. It is not only affecting Afghanistan, the whole world [is affected],” said Hasibullah, fuel importer.

Afghanistan Chamber of Commerce and Investment (ACCI) said that the Ukraine crisis is the main reason for the escalating price of fuel.

“We import oil from Turkmenistan, their prices are not stable, however, the Russian prices are stable. Some people misuse opportunities,” said Khan Jan Alokozay, deputy head of ACCI.

Economic analysts agree that the Ukraine crisis is affecting the price of oil but still called on the IEA to control prices.

“The management of the crisis is possible. Islamic Emirate should take care of it, in order to prevent the problem from getting worse,” said Kamaludin Kakar, an economic analyst.

Ariana News reporter tried to reach the Ministry of Commerce and Industry but was not able to get comment despite repeated attempts.

Business

Pakistan’s kinno exports falter as tensions with Afghanistan continue

Published

on

Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.

Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.

Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.

Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.

Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.

Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.

Continue Reading

Business

Pezeshkian pledges to facilitate Iran-Afghanistan trade

Published

on

Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.

He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.

Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.

Continue Reading

Business

Afghanistan-Kazakhstan banking ties discussed in Kabul meeting

Published

on

A Kazakh delegation led by the Deputy Minister of Finance of Kazakhstan met with Sediqullah Khalid, First Deputy Governor of Da Afghanistan Bank, to discuss ways of strengthening banking and economic cooperation between the two countries.

According to a statement issued by Da Afghanistan Bank, Khalid said the central bank is keen to establish regular and effective banking relations with Kazakhstan as part of broader efforts to expand bilateral trade.

He noted that enhanced banking cooperation would help facilitate trade, investment, and wider economic interaction between Afghanistan and Kazakhstan, while also contributing to financial stability at the regional level.

Members of the Kazakh delegation also emphasized the importance of developing banking and economic ties and expressed their readiness to expand joint cooperation.

The two sides further agreed to establish technical committees from both countries to hold expert-level discussions and advance practical steps for cooperation.

 
Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!