Business
DAB confirms the newly printed Afghani banknotes are still not in circulation
Da Afghanistan Bank (DAB) said on Tuesday that the new Afghani banknotes, which were printed in Poland and shipped to Afghanistan in early November, have not been put into circulation yet.
A spokesman for DAB said they are working on a mechanism to put the new banknotes into circulation, while simultaneously recalling the old notes.
“Printing and circulating banknotes is an ordinary duty of central banks. Da Afghanistan Bank also carries out the same considering reasonable monetary policies, market necessity and resources. We call on citizens to pay greater attention to the protection of the banknotes so that they will not wear out quickly,” said Hasibullah Noori, a spokesman for DAB.
Afghanistan, which is a cash-driven economy, has not had new banknotes injected into its economy in more than a year. As a result the existing banknotes, especially smaller denominations, are mostly torn, held together with sellotape and generally in very bad condition.
This has added to the frustrations of an already cash-strapped society.
“The new banknotes which have arrived at the central bank should enter circulation in order to remove people’s concerns. Banks also do not accept old notes. We suggest that old notes should be taken out of circulation,” said Mirwais Haji Zada, a local businessman.
Abdul Jabbar Safi, another businessman, said: “The new banknotes should systematically enter circulation so that the value of Afghani will not be affected.”
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
Business
Mahirood Customs leads Iran’s exports to Afghanistan
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.
South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.
He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.
Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.
He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.
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