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DAB suspends operations of money changers in five provinces
Da Afghanistan Bank (DAB) said Wednesday activities of unlicensed money changers in Herat, Khost, Helmand, Ghazni and Kandahar provinces have been suspended.
This includes money changers who have not obtained trading licenses and money changers who have not extended their licenses.
DAB spokesperson Hasibullah Noori said the institution wants to provide financial services through companies.
The money changers, however, said they support the monetary policy of the central bank, adding that they should be given a license to operate and facilities should be provided for them in the distribution of the license.
Meanwhile, economic experts stated that money changers should be regulated.
“The only way that you can prevent the smuggling of dollars out of Afghanistan and prevent money laundering to a large extent is setting up a system for money changers,” said Shabir Ahmad Bashiri, an economist.
DAB officials stated only money changers who are licensed to operate will be allowed to conduct business.
DAB has already distributed permits to more than 1,000 money changers across the country – all of whom work through companies.
Two people have been killed amid protests against a poppy eradication campaign in northeastern Badakhshan province, local officials said.
Authorities said counter-narcotics forces were deployed on Friday to Atan Jalo area of Argo district to destroy poppy fields. Clashes erupted after a number of farmers and residents reportedly attempted to block the operation.
Officials said a child was killed during Friday’s unrest, while another person died on Saturday as protests and tensions continued in the area.
According to local authorities, demonstrators also temporarily blocked the Kishm–Faizabad highway, disrupting traffic for several hours before it was reopened following coordinated efforts by security officials, religious scholars, and community elders.
Officials blamed “drug traffickers and criminal groups” for inciting the unrest and said security forces have since regained control of the area.
A high-ranking Uzbek delegation comprising government officials and private sector representatives from the Republic of Karakalpakstan arrived in Kabul on Saturday to discuss the expansion of trade and economic cooperation with Afghanistan.
The delegation is headed by Amanbay Orinbayev, Chairman of the Supreme Council of Karakalpakstan.
According to a statement from the Ministry of Industry and Commerce, the delegation is expected to hold talks with Nooruddin Azizi, the Minister of Industry and Commerce, focusing on strengthening bilateral trade and economic relations.
The ministry said the visiting delegation will also participate in trade connectivity meetings and business-to-business sessions aimed at enhancing commercial cooperation between the two sides.
As part of the visit, the Uzbek delegation is also scheduled to travel to Balkh province, where members will attend additional trade meetings and inaugurate an exhibition showcasing Uzbekistan’s domestic products.
Hamid Karzai, former president of Afghanistan, has expressed concern over recent developments along the Durand Line, saying Pakistan has increased military and economic pressure on villages and residents living near the line.
In a statement, Karzai said the apparent purpose of these pressures is to push residents of Durand Line areas to seek help from Pakistani institutions for resolving security and other local issues.
He added that, amid this situation, some tribal elders from both sides of the Durand Line recently signed documents described as “peace agreements,” which were later officially welcomed by Pakistan’s Ministry of Foreign Affairs.
According to Karzai, these developments amount to an effort by Pakistan to legitimize the Durand Line and represent an action against Afghanistan’s national sovereignty.
The former Afghan president also urged the relevant Afghan authorities to provide the public with a clear explanation regarding the recent agreements and developments along the Durand Line.
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