Connect with us

Latest News

Afghanistan’s banking situation improving: Union

Published

on

Officials at the Private Banks Union say the situation of banks in Afghanistan is improving and that currently 12 banks, including three state banks and two foreign banks, are active in the country and that together these banks have 400 branches across the country.

“In 34 provinces, 400 branches of these banks have been opened and they are accessible everywhere. Four banks have invested about 40 billion afghanis in different sectors and provide salaries to 800,000 employees,” said Najibullah Amiri, CEO of the Private Banks Union.

Meanwhile, Da Afghanistan Bank (DAB) officials say they have supported private banks over the past two years so they can provide services to their customers in a normal way.

“Our technical meetings with commercial banks continue so that we can level the service field for our compatriots in all banking sectors,” said a DAB spokesman, Hasibullah Noori.

In the meantime, investors say they still face problems withdrawing money. They say they hope restrictions on the amount allowed to be withdrawn will be lifted soon.

Economists meanwhile say that private banks have had to deal with many challenges over the past two years and that the central bank needs to step up support.

“The situation in the banks has become relatively good and the important thing is that people’s trust should be regained gradually to these banks.

DAB allows individuals to withdraw up to $600 dollars from their accounts in a week, but traders can withdraw up to $40,000 dollars in a week.

Latest News

Economic Commission approves national policy for development of agriculture

Published

on

At a regular meeting of the Economic Commission chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, the National Policy for the Development of the Agriculture and Livestock Sector was approved.

According to a statement from the deputy PM’s office, the key objectives of the policy include the mechanization of the agriculture and livestock sector; development of agricultural, irrigation, and livestock research and extension systems; management of irrigation systems; support for investment in these sectors; and ensuring public access to high-quality agricultural and animal products.

During the same meeting, the development plan for the fish farming sector was also approved.

Under this plan, through private sector investment, 7,700 small, medium, and large fish production and farming facilities will be established on 6,500 hectares of land in various parts of the country.

The statement added that the implementation of this plan will create direct employment opportunities for 50,000 people and indirect employment for 250,000 others.

Continue Reading

Latest News

Afghan authorities prevent three forced marriages in Balkh, Kunar, and Parwan

Published

on

Officials from Afghanistan’s Ministry for Virtue and Vice successfully intervened to stop three cases of forced marriage in the provinces of Balkh, Kunar, and Parwan, protecting women’s rights under Islamic law.

The cases involved families attempting to marry off their daughters against their will. After registering and reviewing the complaints, ministry officials acted swiftly to halt the marriages.

The families were summoned and advised on the importance of respecting women’s rights and the freedom to choose a spouse. Following the intervention, they pledged that all future marriages of their daughters would occur only with the women’s full consent.

The ministry said the actions reflect its ongoing commitment to safeguarding women’s rights and enforcing Islamic principles across Afghanistan.

Continue Reading

Latest News

Doha process private sector meeting highlights growth and coordination in Afghanistan

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

Published

on

The 3rd session of the Doha Process Private Sector Working Group was held both in-person and online at Kabul’s Grand Hotel, hosted by the United Nations Assistance Mission in Afghanistan (UNAMA).

The meeting brought together representatives from the Islamic Emirate of Afghanistan, including the Ministries of Foreign Affairs, Finance, Industry and Commerce, Economy, Labor and Social Affairs, and the Central Bank, alongside UNAMA, UN agencies, international and regional organizations, as well as ambassadors, diplomats, and private sector experts.

The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.

Afghanistan’s Islamic Emirate representatives shared achievements and progress since assuming governance, while participants acknowledged these efforts and highlighted their ongoing support for the private sector. All parties offered recommendations to address challenges and emphasized enhanced cooperation moving forward.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!