Connect with us

Latest News

DAB says technical agreements in place to print new bank notes

Published

on

The country’s central bank – Da Afghanistan Bank (DAB) said Thursday they have reached agreements with a number of foreign countries and money printing facilities to print new bank notes for the country.

“We have collected and burned the old money, we have reached an agreement with the money printing offices and countries and we expect to proceed according to the plan and present you with the results, we are proceeding based on national interests; discussions have been held with countries and banks and they will help Afghanistan,” said Lutful Haq Noor Pasarlay, DAB’s policy deputy head.

Abdulqahar known as Haji Muhammad Edris, the acting head of De Afghanistan Bank, also spoke at the event and mapped out achievements made by the central bank in the past 12 months.

“Maintaining the stability of the value of the Afghani currency, maintaining the sustainability of commercial banks, providing banking services, facilitating cross-border transfers and developing new systems were some of the issues in the attention of Da Afghanistan Bank during the last year,” said Abdulqahar.

According to officials, in order to improve the banking sector and prevent criminal activities, the law to prevent terrorism financing, the regulation of preventive measures against money laundering, the management plan for the liquidity problem of the banking sector, the plan to revive the financial and banking sector, and the crisis management policy, have been drawn up and will soon be adopted.

The officials also said that in order to release Afghanistan’s foreign exchange reserves, several internal and external meetings have been organized with the relevant parties and discussions have been held on technical matters.

The last meeting of technical representatives of Afghanistan and the United States, for releasing Afghanistan’s frozen assets, was held in Tashkent, Uzbekistan.

Latest News

IEA ambassador meets top Chinese diplomat for Asia

Published

on

Bilal Karimi, the Ambassador of the Islamic Emirate in Beijing, met on Thursday with Liu Jinsong, head of the Asian Department of China’s Ministry of Foreign Affairs, and Yue Xiaoyong, China’s Special Representative for Afghanistan. The officials discussed political, economic, and commercial relations between the two countries, the activation of the Wakhan corridor, consular affairs, and other related issues.

According to a statement from the Embassy of Afghanistan in China, Karimi praised China’s positive stance toward Afghanistan and considered cooperation between the two countries necessary.

The statement added that Liu and Yue, while respecting Afghanistan’s independence, territorial integrity, and sovereignty, also emphasized the continuation of cooperation.

Continue Reading

Latest News

Afghanistan facing deepening hunger crisis after US Aid Cuts: NYT reports

Published

on

Afghanistan has plunged deeper into a humanitarian crisis following sharp cuts to U.S. aid, with child hunger at its worst level in 25 years and nearly 450 health centers forced to close, the New York Times reported.

According to the report, U.S. funding — which averaged nearly $1 billion a year after the Islamic Emirate takeover in 2021 — has largely evaporated following the dismantling of the U.S. Agency for International Development (USAID) under President Donald Trump.

The World Food Program (WFP) estimates that four million Afghan children are now at risk of dying from malnutrition.

The aid cuts have hit rural areas particularly hard, leaving families without access to basic health care. In Daikundi province, the closure of local clinics has been linked to preventable deaths during childbirth and rising child mortality.

Nationwide, more than 17 million Afghans — about 40 percent of the population — face acute food insecurity, with seven provinces nearing famine conditions, the report said.

The crisis has been compounded by mass deportations of Afghan refugees from Iran and Pakistan, deadly earthquakes, and ongoing drought. While other donors and Afghan authorities have tried to fill the gap, their efforts fall far short of previous U.S. assistance, the NYT reported.

Humanitarian groups warn the impact will be long-lasting. Researchers cited by the New York Times say sustained malnutrition could damage an entire generation, with consequences that cannot be reversed even if aid resumes in the future.

However, the spokesperson of the Islamic Emirate, Zabihullah Mujahid, considers the findings of this report to be inaccurate and said that the situation in Afghanistan is not as dire as it is portrayed, and that the country’s situation is moving toward improvement.

“In our view, this report is not correct. We have gone through difficult times and experienced problems such as a humanitarian crisis. At one point, we suffered very heavy casualties and our people faced many difficulties, but now the situation of most people is improving. The country’s economy is moving in a positive direction, to some extent job opportunities have been created for unemployed people, efforts are still ongoing, and Afghanistan’s economic resources have been revived,” said Mujahid.

Continue Reading

Latest News

Uzbekistan, Kazakhstan discuss cooperation on Afghanistan

Published

on

Ismatulla Irgashev, Special Representative of the President of Uzbekistan for Afghanistan, met on Tuesday with Beibut Atamkulov, Kazakhstan’s Ambassador to Uzbekistan, to discuss bilateral cooperation on Afghanistan.

The two sides highlighted their commitment to maintaining regular dialogue aimed at addressing the Afghan issue, according to a statement issued by Uzbekistan foreign ministry.

Atamkulov praised Uzbekistan’s efforts to help shape a unified regional position on Afghanistan.

The meeting also included discussions on involving Afghanistan in regional connectivity initiatives, particularly the implementation of the Trans-Afghan railway project.

Officials described the meeting as constructive and reaffirmed mutual interest in further developing practical cooperation between Tashkent and Astana.

Continue Reading

Trending

Copyright © 2025 Ariana News. All rights reserved!