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DAB has collected over 7 billion Afghanis in worn-out banknotes over past year

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Da Afghanistan Bank (DAB) says it has collected over 7 billion Afghanis worth of worn-out banknotes over the past year from markets across the country.

DAB officials have urged citizens to exercise greater care in handling the Afghan currency during daily transactions. They emphasized that the protection of banknotes is essential for preserving the value and usability of the national currency.

The bank has committed to further enhancing this process by continuing to collect old banknotes and injecting new, high-quality Afghanis into circulation.

“Da Afghanistan Bank is dedicated to ensuring the convenience of citizens in all financial and banking matters. The collection of worn-out banknotes from the markets is an ongoing process, and over the past year, we have successfully gathered more than 7 billion Afghanis in worn-out currency,” said Hasibullah Noori, DAB spokesperson.

In some provinces, residents have reported facing difficulties in their daily transactions due to the prevalence of worn-out money, which has led to concerns over the circulation of damaged or unusable currency.

The Sarai Shahzada Money Exchange Dealers Association acknowledged the efforts of the central bank in collecting the majority of worn-out banknotes from the money market and replacing them with newly issued currency.

DAB officials reiterated that the process of collecting and replacing worn-out currency will continue, and urged the public to take greater care in protecting the physical integrity of Afghan banknotes

It is worth mentioning that the initiative is part of the bank’s ongoing efforts to maintain the integrity and stability of the Afghan currency.

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Russian firm eyes investment in Afghanistan’s power plants

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Russia’s Power Machines Company is interested in investing in the rehabilitation and modernization of Afghanistan’s power plants, Da Afghanistan Breshna Sherkat (DABS) said on Tuesday.

DABS Chief Executive Officer Abdul Haq Hamkar discussed the potential investment with technical officials from Power Machines, with talks focusing on rehabilitating existing power plants, modernizing equipment and expanding power-generation capacity.

According to DABS, Hamkar said the company would cooperate in facilitating preliminary technical assessments of Afghanistan’s power plants and in exploring investment opportunities in the sector.

Denis Rudakov, head of Power Machines’ commercial department, said the Russian company plans to conduct preliminary technical assessments of existing power plants in Afghanistan.

Based on the findings, Power Machines will prepare proposals for rehabilitating facilities, modernizing equipment and increasing electricity-generation capacity, DABS said.

Afghanistan currently has several operational power plants, while efforts are underway to increase their generation capacity and upgrade their equipment, according to DABS.

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IEA denies it is holding Afghan-American Mahmood Shah Habibi

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Zabihullah Mujahid, spokesman for the Islamic Emirate of Afghanistan (IEA), on Tuesday denied that IEA authorities detained Mahmood Shah Habibi, an Afghan-American businessman the US claims disappeared in Kabul four years ago.

“We have no information about Mahmood Shah Habibi. He is not with the Islamic Emirate of Afghanistan. If he were, this issue would have been resolved long ago,” Mujahid said.

His remarks came a day after the FBI marked the fourth anniversary of Habibi’s disappearance and renewed its appeal for information about his whereabouts.

According to the FBI, Habibi disappeared near his home in Kabul on August 10, 2022. At the time, he was working as a consultant for Asia Consultancy Group, a Kabul-based telecommunications company. He had previously served as Afghanistan’s director of civil aviation.

The FBI has alleged that Habibi was detained by the IEA’s General Directorate of Intelligence.

The FBI has continued its investigation and in 2025 released a missing-persons poster for Habibi. The U.S. State Department has also offered a reward of up to $5 million for information leading to his location, recovery and return.

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Justice minister rejects claims of ethnic, religious bias in land reclamation

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Afghanistan’s Justice Minister Abdul Hakim Sharei says the reclamation of state-owned land seized by land grabbers is a legal matter and should not be linked to ethnicity, religion or language.

Sharei, who also heads the Commission for the Prevention of Land Grabbing, made the remarks at a meeting with officials and representatives of charitable organizations in Kabul.

He said the commission is legally and religiously obligated to enforce rulings issued by the special court handling cases involving seized state land. Once the court determines that a disputed plot belongs to the state, the commission must enforce the decision, he said.

Sharei said the special court bases its rulings on documents, evidence and the law, adding that legal principles must be applied equally to all parties.

The justice minister also called on charitable organizations to work toward establishing a nationwide union and to expand their activities into fundamental and infrastructure projects.

He urged charities to avoid photographing or filming people while distributing aid, saying such practices could undermine the dignity of those receiving assistance.

Representatives of charitable organizations raised concerns over taxes, customs procedures and lengthy administrative processes. The Ministry of Justice said it would work to address the issues following the establishment of a nationwide union.

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