Business
Finance Ministry reports 35% rise in revenues
The Ministry of Finance says it has collected more than 150 billion afghanis in revenues in the past 10 months, which represents a 35% increase compared to the same period last year.
The officials of the ministry add that the volume of the country’s exports has also increased this year compared to previous years, and they are seeking to boost economic activities in the country.
“One of the basic duties of the Ministry of Finance is to collect revenues. Revenues are much better than before. In the first ten months of the current year, we collected about 150 billion afghanis. If we compare this with previous years, it shows a 30 or 35 percent increase. This shows that we are in a positive direction economically,” said Ahmed Wali Haqmal, the spokesman of the Ministry of Finance.
Members of the private sector also welcome the provision of facilities for the development of economic activities by the Islamic Emirate, as they call on IEA to step up efforts to attract foreign investment in the country.
Khan Jan Alokozai, a member of the Chamber of Commerce and Investment, said that investments should be made in major projects such as Mes Aynak copper mining and electricity generation from coal.
Economic experts are of the opinion that the provision of facilities can increase domestic and foreign investments in different economic sectors in the country and help resolve the economic crisis.
“If the Taliban government (Islamic Emirate) wants to increase the level of exports, it should create incentives, shorten legal procedures and create transparency in them. It should develop industrial parks, reduce tariffs and facilitate the production of raw materials,” said Abdul Qadir Jilani, an expert on economic affairs.
Finance Ministry officials say major economic projects will be launched next year, and with it more jobs will be created.
Business
Ariana Afghan Airlines lowers cargo rates on Kabul–Delhi route to boost exports
Business
Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.
The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.
Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.
Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.
Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.
The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.
Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.
The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.
Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.
Business
New Afghanistan-China transport corridor launched via Turkmenistan
A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.
According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.
The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.
Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.
Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.
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Business1 day agoAfghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
