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Finance Ministry starts paying World Bank and Asian Development Bank dues

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(Last Updated On: January 5, 2024)

The Ministry of Finance (MoF) officials say they have started paying the World Bank and Asian Development Bank loans received by the former government.

The ministry has not stated the exact amount of these loans, but according to reports, Afghanistan owes 1.4 billion US dollars.

“The government owes some money to donors. At the same time, the nation’s debts are still on these donors. Before the donors asked us to pay the debts, our first request to them was that they should come to pay the nation’s debts first,” Ahmad Wali Haqmal, a spokesman for the finance ministry.

He also added that the loans that the government owes are less.

The ministry has added that it intends to pay the loans based on a specific policy.

Nasratullah Mahmood, general director of the treasury of the Ministry of Finance, also stated that they have made the financial institutions pay the debts of the Afghan people that remained due to incomplete projects.

“This year, we gave some of their money, including money of the World Bank, and a few days ago, we paid some money of the Asian Development Bank, and this is only on the basis that they are also obliged to pay people’s debts,” said Mahmood.

Economic experts meanwhile believe that due to the economic situation in the country, the government will not be able to pay the loans at once and it is necessary to take a special policy.

More than 50 percent of these loans were taken during the time of Hamid Karzai, the former president, and the other part was taken from foreign institutions and countries during the government of President Ashraf Ghani in 2017, 2019 and 2020, and the repayment period is said to be within 10 to 40 years.

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Floods leave 50 dead in Baghlan

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(Last Updated On: May 10, 2024)

Hedayatullah Hamdard, head of the Natural Disaster Department in Baghlan, says at least 50 were killed on Friday afternoon due to floods in several districts of the province.

Hamdard added the figure is not total and that the death toll may increase.

Over the past two days, floods have also caused huge financial losses in Chaharsada and Murghab districts of Ghor province and two people including a child and an old man have disappeared.

Hundreds of acres of agricultural land were destroyed in Chaharsada district and about 50 livestock were also lost.

According to local officials in Ghor, around 50 residential houses in Chaharsada district are under floods.

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Iran says work underway to block eastern border with Afghanistan

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(Last Updated On: May 10, 2024)

Iranian officials say work is intensely underway on the implementation of plan to block the country’s eastern border with Afghanistan.

According to Iranian media, the commander of the Ground Forces of Iran spoke on Thursday at a ceremony in the city of Mashhad about the sealing of the country’s borders with Afghanistan.

Kioumars Heydari added: “According to the measures contemplated by the Islamic Republic, we are in the process of sealing the borders.”

He did not specify the exact timing for the completion of the border sealing plan between Iran and Afghanistan, but added: “Our estimate is that the sealing of the eastern border of the country will be completed as soon as possible.”

Afghanistan and Iran share more than 900 kilometers of common border.

Experts, meanwhile, believe that this will cause a change in dealings with Afghan immigrants.

The Islamic Emirate, however, says fencing on the borders of Iran and Afghanistan will proceed in coordination with the Afghan government.

According to experts, Iran is seeking to solve its security concerns and will spend a lot of money in the process of blocking the border but this border wall will be finished for the benefit of both countries, and drug trafficking and movement of terrorist groups will be at least under control.

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Pakistan rejects IEA’s allegations of Daesh using its territory against Afghanistan

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(Last Updated On: May 10, 2024)

The Ministry of Foreign Affairs of Pakistan on Thursday rejected the statements of the Islamic Emirate regarding the use of Pakistan’s soil against Afghanistan by Daesh, calling the remarks as “unwarranted and irresponsible.”

Mumtaz Zahra Baloch, spokesperson of Pakistan’s Ministry of Foreign Affairs, said in a press conference that instead of such statements, the Afghan authorities should take effective action against all terror groups, based in Afghanistan.

Earlier, the Pakistan Army claimed that last month’s suicide attack that killed five Chinese nationals in Khyber Pakhtunkhwa had been planned in Afghanistan and had been carried out by an Afghan.

In reaction, a spokesman for the Ministry of Defense of Afghanistan, Inayatullah Khwarazmi, said that in an area of Khyber Pakhtunkhwa, which is under the security of the Pakistan Army, the killing of Chinese nationals is either the weakness of the security institutions or their cooperation with the attackers.

He also said: “We have cases where the Daesh entered Afghanistan from Pakistan, and Pakistani soil was used against our soil, and the attacks are planned in that country.”

Pakistan has repeatedly claimed that Afghan soil is being used in attacks against Pakistan, but this was the first time the Islamic Emirate accused Pakistan of not preventing Daesh from entering Afghanistan.

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