Business

Central Bank Collects Money to Cover Natural Disaster

Published

9 years ago

November 30, 2014

(Last Updated On: October 25, 2022)

The Central Bank in Afghanistan Opens Bank Account for the private Banks working in Afghanistan to transfer some of their incomes annually to help and assist the Natural disaster across the country said officials on Sunday.

This objective is meant to be collecting money for the disaster areas across the country.

Head of the Afghanistan central bank Noorullah Dilawari said,”those private banks received permission work will collect money in the account which has just been opened for.”

Officials in central bank have declared that helping those people suffer from Natural disasters is one of our National responsibilities for the Afghan Nation.

Head of the central bank Dilawari stated that there 16 private banks active within the country.

Head of Natural disaster committee Daim Kakar has said,” in the past several years Afghan Nation have paid the prices for such disasters due to flooding, earthquake, drought, heavy storm; if the officials in Central bank fill full the promises made it could decline negative points of the Natural disasters.”

Head of the Ghanzanfar private Bank Ahmad Siar Quraishi has welcomed the following policy of the Central bank and declaring their supports and readiness.

Afghanistan is not the first country which collects money for recovery of the natural disasters in a bank account at central bank, still most of the countries in the world follow the same rule to help and assist their nation and country.

The following objective comes after that winter season is ahead of the Nation,due of heavy snow falls and rains a lot of the areas get damaged and people lose their life.

Business

Export volume totals over $140 million in last month of 1402

Published

2 days ago

April 17, 2024

Ariana News

(Last Updated On: April 17, 2024)

The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.

This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.

Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.

Business

Afghanistan-Kazakhstan chamber of commerce opens in Herat

Published

4 days ago

April 15, 2024

Ariana News

(Last Updated On: April 15, 2024)

The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.

According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.

The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.

Business

Afghanistan reaches self-sufficiency in production of 133 items: MoIC

Published

6 days ago

April 13, 2024

Ariana News

(Last Updated On: April 13, 2024)

The Ministry of Industry and Commerce (MoIC) says Afghanistan has reached self-sufficiency in 45 sectors and the production of 133 items, and that the ministry is striving to change Afghanistan from an importing country to an exporting one.

The ministry officials said that for this purpose, supporting domestic products and attracting investment is essential.

The ministry’s spokesman Abdul Salam Jawad Akhundzada emphasized increasing the use of domestic goods and products in government and national projects and added that efforts have also begun to find a market for domestic products inside and outside the country.

“We have reached self-sufficiency in 133 items of production, which is 45 sectors, and also we reached the capacity of semi-self-sufficiency in 95 items of production, which is 27 sectors,” he said.

Meanwhile, the Chamber of Industries and Mines (ACIM) says over the past two and a half years, more attention has been paid to the development of domestic production and it is also expanding.

The chamber officials stressed expanding the culture of using domestic products in government projects.

“I think that the government is one of the biggest consumers in the market if it uses domestic products in all its development projects,” said Abdul Nasir Rashtia, a member of ACIM.

Economic experts also said that if the use of domestic products in government projects increases, Afghanistan will quickly move towards economic independence.