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A review of the Islamic Emirate’s economic achievements over the past four years
Four years after the Islamic Emirate’s return to power, the government has recorded notable progress in economic development and infrastructure. During this period, hundreds of development projects worth billions of Afghanis have been implemented, and major agreements—particularly in electricity generation and mining—have been signed with both domestic and international investors.
Key developments include:
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A $10 billion memorandum of understanding with a domestic investor for electricity production
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Construction of major and medium-sized dams, check dams, and irrigation canals to improve water resource management
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Investment in domestic power generation and electricity transmission
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An MoU for feasibility studies and design of the Trans-Afghan railway line
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Contracts for the development of large, medium, and small-scale mining operations
According to the Ministry of Industry and Commerce, the total trade volume over the past year reached $13 billion, with exports accounting for $2 billion. Despite international pressure and ongoing sanctions, substantial steps have been taken toward economic growth.
The Ministry of Water and Energy has emphasized the critical role of energy in economic development, highlighting ongoing efforts to secure power from both domestic and international sources.
Private sector representatives have noted that significant progress has been made in advancing both national and regional economic development, with clear positive effects on the broader regional economy, including Afghanistan.
Economic analysts have commended the efforts of the Islamic Emirate’s leadership, while also underscoring the need to accelerate national and regional economic initiatives. In their view, a sustainable and well-structured economic model can only be achieved through the optimal use of domestic resources.
Local officials in Afghanistan’s northeastern Badakhshan province have called on traders to help prevent drug trafficking and invest their capital in legal and productive sectors.
Jamaluddin Haqjo, deputy governor of Badakhshan, made the remarks during the opening of the first branch of the Bank-e-Millie Afghan in Fayzabad, the provincial capital.
Haqjo said thousands of people across Afghanistan are currently addicted to drugs and urged traders not to invest in drug trafficking.
Meanwhile, other local officials attending the ceremony called on people to contribute to the country’s economic development rather than oppose the government.
They said expanding economic activities could help reduce poverty and other challenges affecting thousands of families.
Officials also urged banks and traders to conduct their activities in accordance with Islamic principles.
The newly opened Bank-e-Millie Afghan branch is expected to provide banking services to residents of Badakhshan. Bank officials said government employees receiving their salaries through the bank would also be eligible for loan services in accordance with the bank’s policies.
Residents welcomed the opening of the branch, saying it would make banking services more accessible. They also called for banks to establish branches in remote districts of Badakhshan.
Officials urged traders and government institutions to support the bank by investing and using its services.
Seven Afghan migrants have been killed after a vehicle carrying Afghan migrants collided with a fuel-carrying vehicle in Iran’s Sistan and Baluchestan province.
According to the human rights organization HalVash, the accident occurred on Friday in the Sarbaz area of Sistan and Baluchestan.
Siyavash Mohbi, the head of Iran’s traffic police in Sistan and Baluchestan, said the Afghan nationals had entered Iran illegally.
He added that nine other people were injured in the incident.
Mohbi attributed the accident to the negligence of the driver of the vehicle carrying the migrants.
The Organization of Islamic Cooperation (OIC) has announced that its Contact Group on Afghanistan will meet on the sidelines of the 81st session of the United Nations General Assembly in New York.
OIC Secretary-General Ismail Ould Cheikh Ahmed is leading a high-level delegation from the organization’s General Secretariat to participate in the UN General Assembly’s High-Level Week and hold bilateral meetings with heads of delegations from member states as well as senior UN and international officials.
The OIC will also convene its Annual Coordination Meeting of Member States’ Foreign Ministers at UN Headquarters.
According to the organization, several ministerial contact groups and specialized committees will meet on the sidelines of the General Assembly. These include groups focusing on Palestine, Muslim communities and minorities, regional issues in Europe, Jammu and Kashmir, Rohingya Muslims in Myanmar, and Afghanistan.
The OIC did not provide a specific date for the Afghanistan Contact Group meeting.
Badakhshan official calls on traders to help prevent drug trafficking
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OIC to hold Afghanistan Contact Group meeting on sidelines of UN General Assembly
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