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IEA welcomes World Bank report on Afghanistan’s economy

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The Deputy Prime Minister for Economic Affairs Office of the Islamic Emirate of Afghanistan in a statement has welcomed the recent report of the World Bank on Afghanistan’s economic situation.

The statement has called on other international institutions to reflect the concrete realities of Afghanistan, like the World Bank.

“The report notes an upswing in Afghanistan’s exports in 2023 compared to the previous years, an appreciation of the afghani against foreign currencies, a reduction in prices, an uptick in revenue, and an increase in import volume, indicating enhanced purchasing power among the populace,” the statement read.

The World Bank report was published on January 31, 2024.

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Kazakhstan reaffirms support for major economic projects in Afghanistan

According to the Ministry of Interior, Tukumov conveyed Astana’s commitment to boosting bilateral trade, deepening cooperation, and advancing key infrastructure initiatives — particularly the planned Afghanistan–Kazakhstan railway.

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Kazakhstan has reiterated its backing for major economic and connectivity projects in Afghanistan during a high-level meeting between Yerkin Tukumov, the Kazakh President’s Special Envoy, and Sirajuddin Haqqani, the Islamic Emirate’s Minister of Interior, in Kabul.

According to the Ministry of Interior, Tukumov conveyed Astana’s commitment to boosting bilateral trade, deepening cooperation, and advancing key infrastructure initiatives — particularly the planned Afghanistan–Kazakhstan railway.

He also confirmed that joint work on border security, counter-narcotics efforts, and completing the railway corridor through Turkmenistan will remain a priority.

Haqqani praised Kazakhstan’s position, describing relations as “positive and forward-moving.” He said Afghanistan is actively pursuing peace, economic growth, and regional integration, and encouraged Kazakhstan to continue its constructive engagement and support for strategic development projects.

The Ministry noted that the meeting represents a significant step toward strengthening Kabul–Astana ties and enhancing regional cooperation at a critical moment for Afghanistan’s connectivity and economic recovery.

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IEA claims major decline in corruption across government institutions

Hamdullah Fitrat, deputy spokesperson of the IEA, stated that the government has taken “serious and effective measures” to combat corruption, embezzlement, and illegal land grabbing.

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The Islamic Emirate of Afghanistan (IEA) says administrative corruption has been significantly reduced over the past four years, placing anti-corruption efforts at the top of its governance agenda.

Hamdullah Fitrat, deputy spokesperson of the IEA, stated that the government has taken “serious and effective measures” to combat corruption, embezzlement, and illegal land grabbing. According to him, the level of corruption in state institutions has been brought “to a minimum.”

Fitrat acknowledged that some challenges may still exist at lower administrative levels, but said a large number of individuals accused of corruption and land seizure have been arrested and referred to judicial authorities.

He warned that no official or individual will be permitted to engage in bribery, land usurpation, or administrative misconduct, adding that violators will face legal action without exception.

The deputy spokesperson further reiterated the IEA’s pledge to cleanse government structures of corruption and ensure transparent, reliable public services for citizens—describing the effort as a key priority for strengthening governance in the country.

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Crossing closures put $200 million in Pakistan’s medicine exports at risk

With exports to Afghanistan largely halted, manufacturers warn they are facing mounting financial losses—many of which may soon become irreversible.

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Frequent closures of the Pakistan–Afghanistan crossings have brought pharmaceutical exports to a standstill, putting nearly $200 million worth of medicines at risk, industry officials warned on Friday.

Hundreds of trucks carrying antibiotics, insulin, vaccines, cardiovascular medicines, and other essential drugs are stuck at the Torkham and Chaman crossings, as well as at dry ports and warehouses across the country. One pharmaceutical company reported that Rs850 million worth of products were stranded, while more than 50 firms are facing similar setbacks.

Tauqeer ul Haq of the Pakistan Pharmaceutical Manufacturers Association (PPMA) described the shutdowns as a “structural threat” to the sector. He noted that Afghanistan remains Pakistan’s largest overland trading partner and a critical transit corridor for exports to Central Asia, including Uzbekistan, Tajikistan, Turkmenistan, and Kazakhstan.

Industry representatives say the disruptions are hampering regional connectivity initiatives such as the Pakistan-Uzbekistan-Afghanistan railway, damaging temperature-sensitive shipments, and prompting investors to consider shifting to alternative trade routes.

With exports to Afghanistan largely halted, manufacturers warn they are facing mounting financial losses—many of which may soon become irreversible.

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