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Central Bank discusses monetary policies with university lecturers
Officials at the country’s central bank – Da Afghanistan Bank – said Wednesday they have embarked on a series of discussions with professors and lecturers from financial faculties of universities to find solutions to increase the value of the Afghan currency.
The Monetary Policy discussions are being held between central bank officials and university staff across the country in a bid to find ways to preserve and strengthen the value of the Afghan currency, officials said.
“The purpose of these meetings is to see how we can get the professors’ views on the monetary policy so that we do not face any problems in this area in the future,” said Idrees, the acting governor of Da Afghanistan Bank.
Economists have welcomed the move and say advice from the academics could help stabilize the currency.
According to these experts, in order to stabilize the Afghan currency, domestic production must also be increased.
“The Afghan currency is in a good position against the currencies of neighboring countries, and it is a good thing that the Da Afghanistan Bank officials are meeting with economists about the monetary policy,” said Kamaluddin Kakar, an economist.
“We welcome the step by the Da Afghanistan Bank and such meetings should be held with such professionals on such important issues so that we do not face any problems in the future,” Hakimullah Siddiqi, another economist said.
The private sector also urges officials of Da Afghanistan Bank to increase the level of engagement with experts.
Hamid Karzai, former president of Afghanistan, has expressed concern over recent developments along the Durand Line, saying Pakistan has increased military and economic pressure on villages and residents living near the line.
In a statement, Karzai said the apparent purpose of these pressures is to push residents of Durand Line areas to seek help from Pakistani institutions for resolving security and other local issues.
He added that, amid this situation, some tribal elders from both sides of the Durand Line recently signed documents described as “peace agreements,” which were later officially welcomed by Pakistan’s Ministry of Foreign Affairs.
According to Karzai, these developments amount to an effort by Pakistan to legitimize the Durand Line and represent an action against Afghanistan’s national sovereignty.
The former Afghan president also urged the relevant Afghan authorities to provide the public with a clear explanation regarding the recent agreements and developments along the Durand Line.
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SAARC failure pushes Pakistan toward trilateral ties with Afghanistan, China, Bangladesh: Dar
Pakistan’s Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar has said that the failure of the South Asian Association for Regional Cooperation (SAARC) is pushing Pakistan toward exploring trilateral cooperation frameworks involving Afghanistan, China, and Bangladesh.
Speaking at the South Asian Federation of Accountants (SAFA) Conference in Lahore on Friday, Dar said SAARC has “unfortunately not been able to kick off,” limiting regional economic integration and cooperation.
He said Pakistan is now looking at alternative regional arrangements to strengthen economic connectivity and trade, including trilateral formats such as China–Pakistan–Afghanistan and China–Pakistan–Bangladesh.
Dar stressed that South Asia cannot remain in “isolation,” noting that the region, home to nearly two billion people, is missing significant economic opportunities due to weak cooperation among neighbouring countries.
The South Asian Association for Regional Cooperation (SAARC) was established in 1985 to promote economic and regional integration among South Asian countries, including Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
The organisation was designed to encourage cooperation in areas such as trade, development, education, and cultural exchange. However, in recent years, SAARC’s effectiveness has been significantly limited due to political tensions between member states, particularly between India and Pakistan, leading to stalled summits and reduced regional engagement.
As a result, regional economic cooperation in South Asia has largely remained underdeveloped compared to other regional blocs around the world.
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IEA leaders contact Maulana Fazlur Rehman to express condolences over Sheikh Idris’s death
According to a statement issued by Jamiat Ulema-e-Islam Pakistan (JUI-F), senior leaders of the Islamic Emirate of Afghanistan (IEA) contacted JUI-F chief Maulana Fazlur Rehman to express condolences following the killing of prominent religious scholar Sheikh Muhammad Idris in Charsadda.
The statement said that the callers included Defense Minister Mohammad Yaqoob Mujahid, Interior Minister Khalifa Sirajuddin Haqqani, Foreign Minister Amir Khan Muttaqi, and spokesperson Zabihullah Mujahid.
According to JUI-F media cell, the Afghan leadership expressed sorrow over Sheikh Idris’s death and prayed for his elevated status. They also strongly condemned his killing and said they share the grief of the bereaved family and religious community.
The statement further added that the Islamic Emirate expressed solidarity with JUI-F, religious scholars, and students, and said that the people of Afghanistan share the grief of the Pakistani people over the incident.
Sheikh Idris, a senior member of JUI-F was shot dead by armed motorcyclists in the Utmanzai area of Charsadda on May 5, while he was traveling to a madressah. Daesh claimed responsibility for the attack.
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