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Afghanistan’s central bank chief leaves for Djibouti to attend IFSB meeting
Da Afghanistan Bank, central banks of Islamic countries, Islamic banks, and international institutions are members of the IFSB.
Acting Governor of Da Afghanistan Bank (DAB), Hedayatullah Badri, has left for Djibouti to attend the 22nd annual meeting of the Islamic Financial Services Board (IFSB).
The annual meeting of the board will be held on July 1 and 2 by the IFSB and Djibouti’s central bank to discuss and approve the previous year’s executions and financial reports of the board, DAB said in a statement.
Additionally, the IFSB member countries will discuss plans and practical measures regarding Islamic banking standards, sound management of financial institutions and banks, the role of digitization on Islamic banking, and the promotion of Islamic finance and banking at the international level.
The International Financial Services Board (IFSB) is an international institution that adopts and disseminates the standards to improve the soundness and stability of the Islamic financial services industry.
The standards are adopted within the framework of Sharia law in the banking, financial markets, and insurance sectors for the institutions operating in the Islamic financial services industry.
Da Afghanistan Bank, central banks of Islamic countries, Islamic banks, and international institutions are members of the IFSB.
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Afghanistan’s Foreign Minister Amir Khan Muttaqi met with Iran’s Foreign Minister Abbas Araghchi on Thursday in Tehran during an official visit.
According to Iranian media reports, the two diplomats discussed bilateral relations, recent regional developments, and issues of mutual interest.
Mullah Mohammad Hassan Akhund, Prime Minister of the Islamic Emirate of Afghanistan (IEA), has inspected the construction work of the second lane of the Kabul–Jalalabad highway, Arg said on Thursday.
According to Arg’s statement , the Prime Minister visited the project site earlier in the day and expressed appreciation for the efforts of the Ministry of Public Works, project officials, and private contracting companies involved in the construction process. He also issued directives for the timely and high-quality completion of the project.
Akhund said the completion of the highway would significantly improve transportation facilities, transit operations, passenger movement, and contribute to economic growth in the surrounding regions.
Officials report that construction work on the second section of the project, covering 32 kilometers from the Kabul side, is currently about 20 percent complete.
Meanwhile, work on the first 22-kilometer section from the Nangarhar side is also ongoing. Surveying and design work for the third section is being carried out by a private company, with construction expected to begin after completion of the preparatory phase.
The Kabul–Jalalabad second-lane highway is regarded as one of Afghanistan’s key transport and economic infrastructure projects and is being developed in three phases.
Senior officials from the foreign ministries of Afghanistan and Russia held consultations in Kabul, focusing on expanding bilateral cooperation and strengthening regional engagement involving Afghanistan.
According to the Russian Foreign Ministry, the meeting was held between A.V. Pavlovsky, Director of the Second Asia Department of Russia’s Ministry of Foreign Affairs, and Abdul Hai Qanit, Director of the Third Political Department at Afghanistan’s Ministry of Foreign Affairs.
The two sides discussed cooperation in the political, economic, cultural, and humanitarian fields, as well as ways to strengthen regional interaction with Afghanistan’s participation.
The consultations underscore ongoing diplomatic engagement between Moscow and Kabul as the two countries continue to explore closer cooperation on regional and bilateral issues.
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