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Afghanistan’s economy on brink of collapse: USIP

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(Last Updated On: November 18, 2023)

The United States Institute of Peace (USIP) said in a report published on Friday that Afghanistan’s economy is on the verge of collapse.

USIP said that most Afghan families are facing difficulties to meet their basic needs.

Increasing return of migrants, restricting women’s work, and banning poppy cultivation without providing alternative crops for farmers are among key factors mentioned in the report as the reason for the deterioration of Afghanistan’s economic situation.

“The government’s ban on poppy cultivation without an alternative livelihood program for farmers will reduce their income by more than a billion dollars, which will increase poverty and deprivation. Nearly, 60,000 women have lost their jobs with the recent government ban on makeup salons. In general, preventing and limiting women’s work is another serious problem for Afghanistan’s economy,” read the report.

Meanwhile, the Ministry of Economy rejected this report, saying that the economic situation of Afghanistan at a regional level is progressing under systematic management.

The officials emphasized that the published report is not based on the realities of Afghanistan’s economic system.

“The Ministry of Economy of the Islamic Emirate of Afghanistan strongly rejects the report of the United States Institute of Peace and describes it as completely unconstructive in this situation,” said Abdul Latif Nazari, the deputy minister of economy.

The Islamic Emirate is considered one of the successful governments in the region in the economic growth and development of Afghanistan by starting large infrastructure projects, controlling the inflation rate and maintaining the stability of the national currency against foreign currencies, he said.

In addition, a number of economic experts emphasized that the Islamic Emirate should provide job opportunities for the people and necessary facilities for investment growth in order to overcome the existing problems.

In the USIP report, foreign aid to Afghanistan is also mentioned and it is stated that this aid will be close to $3 billion in 2022 and will be reduced by half in 2023.

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Ghori State Cement in Baghlan increases production

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(Last Updated On: April 28, 2024)

Officials at Ghori State Cement in Baghlan province say the amount of cement produced at this plant has increased compared to the past.

According to company officials, 150,000 tons of cement was produced in 1402 [solar year] and they are trying to increase the amount to 180,000 tons this year.

“Last year, we successfully produced 150,000 tons of cement and sold it to the market. Fortunately, in 1402, we had more than 200 million afghanis in revenue,” said Abdul Wakil Qayumi, financial and administrative deputy of the company.

The plant officials stated that efforts are underway to increase the production capacity, and with the increase of the production capacity, they will produce 1000 bags of cement per day.

“Currently, our four ovens are active, and we produce approximately 1,000 to 1,200 tons of cement in twenty-four hours,” said Mohammad Tahir, packaging manager for the company.

In this company, jobs are created for 750 individuals, and some workers have asked the traders to invest in the country and provide work for young people.

“Some more factories should be built in our country so that less foreign cement is imported into the country and we use our own products,” said one of the company workers.

Ghori Baghlan Cement Company was established about 40 years ago and is considered one of the largest cement production companies in Afghanistan.

The management of this company is carried out by the National Development Corporation (NDC).

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Regional countries should jointly expand stability and development: Deputy PM

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(Last Updated On: April 28, 2024)

Mawlawi Abdul Kabir, Political Deputy Prime Minister, has said in a meeting with the Deputy Prime Minister of Kazakhstan in Kabul that regional countries should play their role in the implementation of large regional projects.

Kabir also invited Kazakh businessmen to invest in Afghanistan, his office said in a statement.

He added that the Islamic Emirate fully controls Afghanistan’s borders, has eliminated drugs and corruption, and restored national sovereignty.

According to the statement, Deputy Prime Minister of Kazakhstan Serik Zhumangarin appreciated the progress made by the Islamic Emirate in Afghanistan and said that his country is ready for long-term trade, transit and investment relations with Afghanistan.

Zhumangarin expressed his country’s readiness to grant scholarships to Afghan youth and added that Afghanistan is currently an example of a peaceful country in the region, and due to this, the world wants to establish relations with the Islamic Emirate in various fields.

He also called for the start of direct flights between Kabul and Almaty and said that his country is ready for bilateral cooperation with the Afghan government in the cultural field.

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Red Cross official seeks ‘staggered’ return of Afghan refugees from Pakistan

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(Last Updated On: April 28, 2024)

A senior Red Cross official has called for the return of Afghan refugees from Pakistan to occur “in a more staggered way” so Afghanistan can better absorb them.

“It will be important to work with the government of Pakistan in 2024 to ask that if there are going to be returnees,” that they arrive “in smaller numbers at a time just so it is more manageable on the Afghan side,” said Alexander Matheou, regional director, Asia Pacific Region for the International Federation of the Red Cross, Voice of America (VOA) reported on Saturday.

Speaking in the Qatari capital, Doha, Matheou told journalists on Friday the challenges facing Afghan returnees from Pakistan was one of several pressing issues he discussed with the officials of the Islamic Emirate in Kabul.

“You will be aware that over half a million have crossed the border over recent months, and it is likely that we will see large numbers of new arrivals in the coming months,” he said.

“I imagine this is probably the largest population flow in a short period of time in Asia since the population movement from Myanmar into Bangladesh in 2017,” he added. “So, it is a significant event.”

Since October, Pakistan has expelled more than 500,000 Afghan refugees who lacked proper documentation.

Matheou noted many of the returnees have lived in Pakistan for decades and are ill-equipped to begin a new life in a country that to them is unknown, without government or international support.

He described the returnees as being in generally poor health, especially the children, who account for nearly half of all returnees.

“The evidence of that was we visited clinics where they reported a real spike in cases of acute malnutrition coming from the arrivals from Pakistan.

“We visited routine immunization programs of the IFRC and the Afghan Red Crescent in the villages, and there it was clear looking at the children that as well as being anemic, you could see wasting and stunting among the children,” he said.

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