Connect with us

Latest News

Finance Ministry starts paying World Bank and Asian Development Bank dues

Published

on

The Ministry of Finance (MoF) officials say they have started paying the World Bank and Asian Development Bank loans received by the former government.

The ministry has not stated the exact amount of these loans, but according to reports, Afghanistan owes 1.4 billion US dollars.

“The government owes some money to donors. At the same time, the nation’s debts are still on these donors. Before the donors asked us to pay the debts, our first request to them was that they should come to pay the nation’s debts first,” Ahmad Wali Haqmal, a spokesman for the finance ministry.

He also added that the loans that the government owes are less.

The ministry has added that it intends to pay the loans based on a specific policy.

Nasratullah Mahmood, general director of the treasury of the Ministry of Finance, also stated that they have made the financial institutions pay the debts of the Afghan people that remained due to incomplete projects.

“This year, we gave some of their money, including money of the World Bank, and a few days ago, we paid some money of the Asian Development Bank, and this is only on the basis that they are also obliged to pay people’s debts,” said Mahmood.

Economic experts meanwhile believe that due to the economic situation in the country, the government will not be able to pay the loans at once and it is necessary to take a special policy.

More than 50 percent of these loans were taken during the time of Hamid Karzai, the former president, and the other part was taken from foreign institutions and countries during the government of President Ashraf Ghani in 2017, 2019 and 2020, and the repayment period is said to be within 10 to 40 years.

Latest News

Continued aid to Afghanistan vital for regional security: Kazakh president

Published

on

Kazakhstan’s President Kassym-Jomart Tokayev has emphasized the continuation of humanitarian assistance to Afghanistan, stating that the ongoing provision of such aid plays an important role in ensuring regional security.

Speaking at the international conference “Peace and Trust” in Ashgabat, the capital of Turkmenistan, Tokayev described addressing complex humanitarian challenges and the reconstruction of Afghanistan as a necessity.

“To ensure regional security, we consider it essential to continue providing assistance to Afghanistan, including by strengthening international efforts to address complex humanitarian issues and the reconstruction of this country. Kazakhstan remains committed to supporting the people of Afghanistan through humanitarian aid, educational projects, trade development, and food security initiatives,” he said.

Meanwhile, experts believe that sustainable improvement of the humanitarian situation in Afghanistan requires broad cooperation from the international community and support for the country’s economic development.

“Investment can be defined as one of the fundamental drivers of the economic cycle, and whenever Afghan traders do not take their money out of the country and instead invest domestically, it naturally leads to greater growth and dynamism in Afghanistan’s economy,” said Abdul Zahoor Modabber, an economic analyst.

As the humanitarian crisis in Afghanistan continues, reports by international relief organizations indicate that millions of citizens of the country are in urgent need of food, health, and livelihood assistance.
The reduction in funding for aid organizations, the impacts of climate change, and the return of migrants have increased concerns about a further deterioration of the humanitarian situation in the country.

Continue Reading

Latest News

Islamic Emirate declines to attend Tehran meeting on Afghanistan

Published

on

The Islamic Emirate has announced that it will not participate in the upcoming meeting of special envoys of regional countries on Afghanistan, scheduled to be held in Tehran, despite having received an invitation.

In a statement, Zia Ahmad Takal, Head of Information and Public Relations at the Ministry of Foreign Affairs, said the Islamic Emirate has maintained continuous and active engagement with all regional countries through various organizations, regional formats, and bilateral mechanisms, achieving notable progress in promoting mutual understanding and regional cooperation.

The statement added that Afghanistan’s Ministry of Foreign Affairs believes regional cooperation should be advanced by strengthening existing mechanisms and formats within the region.

Tehran is set to host the meeting next week, with special envoys from Pakistan, Tajikistan, Uzbekistan, Turkmenistan, China, and Russia expected to attend.

 
 
Continue Reading

Latest News

Sirajuddin Haqqani: A government that intimidates its people is not a true government

Published

on

Khalifa Sirajuddin Haqqani, Minister of Interior of the Islamic Emirate of Afghanistan, said during a visit to Khost province on Friday that any government which rules through fear cannot be considered a true government.

“A government is one that is loved by its people, one that serves them with respect and compassion, and from whose behavior people learn ethics and sincerity,” he said.

Haqqani also stressed that Afghans who opposed the Islamic Emirate in the past should be tolerated and treated in a way that helps eliminate hostility and animosity, paving the way for national cohesion.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!