Business
COVID19 spending transparency; information should be made public
If the government spending and resources to fight the Coronavirus in different provinces are not made transparent, it could lead to an unmanageable disaster.
The Commission of Inquiry warns that if the government and the relevant administrations conceal COVID-19 spending reports, it indicates corruption.
In the meantime, journalists say that the information provided to the media by the government, especially the Committee for Combating the Outbreak of the Coronavirus, is not sufficient, which raises doubts amongst public.
A budget of AFN 6.7 billion have been allocated by the government to combat the Coronavirus outbreak in the capital and provinces of Afghanistan.
The Commission on the Right of Access to Information states that at this critical time, there must be accountability from the relevant offices, and in the provinces, information the assistance and expenditures provided by the government agencies must be made available to the public in written.
The commission wants the government, including governors and aid agencies, to be accountable to civil society and the media, if needed.
The Ministry of Public Health says that every institution is obliged to have a clear account of the expenditures on foreign aid and the government’s budget in the fight against COVID-19.
The Health Ministry’s Spokesperson indicates that corruption in the institutions responsible for fighting against the virus is a betrayal to the nation and the country.
Some reporters say that the government’s information, especially the Anti-Coronavirus Committee, is not sufficient to reassure the public, as only the head of the organization has made a multi-page report public on the committee’s spending in a matter of months.
The Coronavirus Committee, led by Waheed Omer, an adviser to the president, was established nearly a month ago. In total, it has spent money on media coverage of the Coronavirus awareness, and the Ministry of Health has spent US$15 million so far to fight the disease.
Business
‘Made in Afghanistan’ expo opens in Tashkent
The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.
According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.
More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.
Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
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