Connect with us

Business

Ariana Afghan Airlines faces financial crisis as COVID-19 looms

Published

on

As per some pieces of evidence received by Ariana News, Ariana Afghan Airlines has fired 40% of its employees while decrementing the payrolls for the remaining employees up to 30%.

Some members of parliament criticize Ariana Afghan Airlines for firing its employees considering it an illegal act. They urge the government to financially support this service company and save jobs.

The COVID-19 has wilted the only governmental airline company in Afghanistan.

The CEO of Ariana Afghan Airlines said that just in the first three months of 2020, the company had suffered a loss of seven million USD due to limited flights and that now efforts were underway to make up for the loss.

Ariana News has received some shreds of evidence which show that the Ariana Afghan Airlines has decided to fire 40% of its employees as well as to decrement the salaries of the remaining employees up to 30%.

Alem Shah Ibrahimi, the CEO of Ariana Afghan Airlines, said, “We terminating our employees because we have walked into financial crisis, and we will pay others at least 30% of their salaries. We have to manage the crisis and not let the company go bankrupt.”

Some legal bodies believe that the financial crisis cannot justify firing employees, especially when COVID-19 has hit people financially.

The evidence shows that Ariana Afghan Airline suggests allocating six million dollars to establish Bakhtar Airlines, although the airline is suffering from the crisis.

Therefore, the authorities have come under criticism for not financially supporting the almost bankrupt Ariana Afghan Airlines, and instead, are trying to establish another airline company.

Although Ariana Afghan Airlines is going through its hard time, with having 40% of its workers sacked, it still conducts domestic flights transporting service workers – meaning, it could be making money.

Moreover, the airline is trying to help import important goods from other countries to Afghanistan.

The government is expected to financially support the service and private businesses to help overcome the crisis derived from the COVID-19 pandemic.

Business

Russia almost doubles LPG exports to Central Asia, Afghanistan this year

Published

on

Russia has almost doubled exports of liquefied petroleum gas in the January – November period to ex-Soviet republics in Central Asia and Afghanistan to 1.016 million metric tons, Reuters reported citing sources on Friday.

Moscow has had to divert supplies of LPG, or propane and butane, from Europe, which introduced restrictions on LPG imports from Russia in December 2024 over the war in Ukraine.

Traders said supplies to Afghanistan, as well as to Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan now account for around 36% of Russia’s total LPG exports, up from 19% in 2024.

Afghanistan is Russia’s largest buyer of LPG in that region. In July, Russia accepted the credentials of a new ambassador of Afghanistan, making it the first nation to recognise the country’s Islamic Emirate government.

According to the sources, supplies of Russia’s LPG to the country, including from Kazrosgaz, a joint venture with Kazakhstan, have jumped 1.5 times in the first 11 months of the year to 418,000 tons.

Traders said that Russia’s LPG supplies to Afghanistan have increased partially at the expense of declining supplies from Iran, which has been sanctioned by the United States.

Continue Reading

Business

Major power projects launched in Herat

Baradar urged contracting companies and technical teams to complete the projects with high quality and within the specified timeframe.

Published

on

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, on Thursday announced the launch of four major electricity projects and the inauguration of five others in Herat province, with a total investment valued at 3.98 billion afghanis.

Speaking at an official ceremony, Baradar described the projects as vital for Afghanistan’s industrial and economic development. He said that once completed, the projects will provide 24/7 electricity to all industrial parks in Herat, as well as to commercial centers, rural areas, and residential neighborhoods, ensuring stable and reliable power supply.

Baradar also pledged incentives for investors in cold storage facilities, announcing a five-year tax exemption and guaranteeing uninterrupted electricity supply by Afghanistan’s power utility. He encouraged both domestic and foreign investors to take advantage of these opportunities.

Emphasizing the Islamic Emirate’s balanced foreign policy, Baradar said the government’s main focus remains economic growth, security stability, and good governance, urging the international community to pursue engagement with Afghanistan instead of restrictive policies.

Among the projects inaugurated is a 130-kilometer-long 220-kilovolt power transmission line from Turkmenistan, along with the construction of four substations in the districts of Karukh, Pashtun Zarghun, Obey, and Chesht-e-Sharif, which will supply electricity to around 40,000 households.

Newly launched projects include the construction of the Pul-e-Hashemi substation, expansion of the 24 Hoot Martyrs substation, creation of a second line at the Noor-ul-Jihad substation, and the extension of power transmission lines linking the Pul-e-Hashemi, Noor-ul-Jihad, and 24 Hoot Martyrs substations.

Baradar urged contracting companies and technical teams to complete the projects with high quality and within the specified timeframe.

Continue Reading

Business

Sharp drop in exports to Afghanistan drives Pakistan’s trade deficit surge

Meanwhile, Afghanistan is actively seeking alternative trade routes and partnerships to reduce future reliance on Pakistan’s commercial channels and strengthen its economic independence.

Published

on

Pakistan trade

Recent data from Pakistan’s central bank reveals that a sharp decline in exports to Afghanistan has become a key factor behind the country’s growing trade deficit, challenging previous claims by Pakistani officials that halting trade with Afghanistan would not harm their economy.

According to the State Bank of Pakistan, the trade deficit with nine neighboring countries increased by more than 39 percent in the first five months of the 2025–2026 fiscal year, rising from $4.4 billion to $6.2 billion. The report highlights that reduced exports to countries such as China and Afghanistan played a central role in this increase.

Exports from Pakistan to Afghanistan fell dramatically by over 94 percent during this period, dropping from $408 million last year to approximately $210 million. Economic analysts note that Afghanistan has historically been one of Pakistan’s key export markets, particularly for food items, cement, medicine, and daily-use goods—products that cannot be easily replaced.

The steep decline follows the complete suspension of trade between the two countries in October 2025. Despite previous statements by Pakistani officials asserting that reduced or halted trade with Afghanistan would not negatively impact Pakistan’s economy, the latest figures suggest otherwise.

Meanwhile, Afghanistan is actively seeking alternative trade routes and partnerships to reduce future reliance on Pakistan’s commercial channels and strengthen its economic independence.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!