Connect with us

Latest News

Commercial banks to finance public welfare projects under new mechanism

Published

on

The Economic Deputy of the Prime Minister’s Office announced on Wednesday that a new financing mechanism has been signed between the Ministry of Finance and the central bank, Da Afghanistan Bank (DAB), paving the way for commercial banks to play a direct role in funding public welfare projects.

According to the statement, the document was developed under Article 2, Clause 5 of the Rules of Procedure of the Economic Commission. Its purpose is to provide a legal framework for mobilizing commercial banks in support of public-interest projects, while simultaneously creating opportunities for domestic investment and boosting banks’ revenues.

Under the new mechanism, the Ministry of Finance will identify and prioritize public welfare projects through consultations with relevant sectoral institutions, after which it will prepare the required financial models.

Da Afghanistan Bank, in turn, will encourage and guide commercial banks to participate in financing and implementing these initiatives.

Officials say the move is designed to ensure that critical development projects — particularly in infrastructure, healthcare, and education — can be supported through private sector involvement, easing pressure on limited state resources.

The approach also aims to provide commercial banks with sustainable investment opportunities at home, reducing dependency on foreign funding streams.

Afghanistan’s financial sector has struggled since the collapse of the former republic in 2021, when international sanctions and the freezing of central bank reserves triggered a banking crisis.

Although some stability has returned in recent years, liquidity challenges and restricted access to global markets remain key obstacles. By integrating commercial banks into public financing, the government hopes to stimulate economic activity and strengthen confidence in the country’s financial system.

The statement emphasized that the new mechanism will not only benefit public services but also build a foundation for a more resilient banking sector, capable of contributing to Afghanistan’s long-term development goals.

Latest News

German firm keen to invest in Afghanistan’s mining sector

Published

on

The German company Green International has expressed interest in investing in Afghanistan’s rich mineral resources, following a meeting with officials from the Ministry of Mines and Petroleum.

The discussion focused on opportunities in oil and gas extraction and processing, as well as solid and metallic mineral projects. Representatives of Green International highlighted their expertise and capacity to contribute to Afghanistan’s mining sector, aiming to attract further reputable international investors.

Meraj Mohammad Meraj, chief of staff of the Minister of Mines and Petroleum, welcomed the company’s interest, saying: “Afghanistan is a mineral-rich country. The Ministry of Mines and Petroleum encourages investment from all nations and will provide support and facilities to facilitate foreign investment.”

This engagement reflects the Afghan government’s ongoing efforts to strengthen international partnerships and promote foreign investment, crucial for economic growth and development in the country’s natural resource sector.

Continue Reading

Latest News

CSTO official warns Afghanistan-based militants pose major threat to regional stability

Published

on

Andrey Serdyukov, Chief of the Joint Staff of the Collective Security Treaty Organization, has warned that militant groups based in Afghanistan pose a significant threat to regional security, with the potential to export terrorism to neighboring countries.

“The proliferation of radical ideologies and drug trafficking continues to pose serious challenges,” Serdyukov said during a news briefing.

He also highlighted that Western nations are actively seeking to expand their influence in the South Caucasus, a region he described as volatile due to unresolved conflicts and emerging geopolitical tensions. “This situation is particularly concerning, largely driven by Western efforts to establish a stronger presence in the South Caucasus,” he added.

Concluding his assessment, Serdyukov noted that the overall security situation across the CSTO’s area of responsibility remains tense and unpredictable. “As international relations continue to deteriorate, the risk of conflict is likely to grow,” he warned.

Regional countries have repeatedly expressed concern over militant threats originating from Afghanistan. The Islamic Emirate of Afghanistan, however, has dismissed such claims, asserting that it will not allow Afghan territory to be used against any other nation.

Continue Reading

Latest News

Pakistan says it has not closed door on diplomacy, nor seeking war with Afghanistan

Published

on

Amid tensions between Pakistan and Afghanistan, Islamabad on Thursday renewed its call for the Islamic Emirate to take decisive action against militant groups operating from Afghan territory.

Speaking at his weekly press briefing in Islamabad, Foreign Office spokesperson Tahir Andrabi stressed that Pakistan is neither closing the door on diplomacy nor opening the door to conflict between the two neighbouring nations.

“Diplomacy continues even in wars. Diplomacy continues even during skirmishes,” he remarked, adding that Pakistan wishes peace and prosperity for “our Afghan brothers and sisters.”

Referring to a recent report by the United Nations Security Council, Andrabi said the document strongly reinforces Pakistan’s longstanding concerns regarding the Tehreek-e-Taliban Pakistan and the situation in Afghanistan.

“The report confirms Pakistan’s position that the TTP’s resurgence is linked to the post-2021 takeover by the Afghan interim government. This is an important document, and we are following up with the relevant UN bodies, Security Council members, and other international stakeholders,” he said.

The Islamic Emirate of Afghanistan has repeatedly denied the presence of foreign militant groups in Afghanistan, arguing that it cannot be held responsible for Pakistan’s internal security challenges.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!