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IEA welcomes World Bank report released in August

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The Islamic Emirate of Afghanistan on Tuesday commented on the World Bank’s report on the country’s economic situation saying it “acknowledges and appreciates the accurate portrayal of facts presented in the report.”

The report was issued on August 31 and highlighted positive developments in Afghanistan.

According to a statement issued by the office of the deputy prime minister for economic affairs, the IEA said it believes that positive engagement from the international community, lifting of sanctions, and releasing frozen assets would facilitate comprehensive economic development, as well as progress in other areas.

The IEA called upon international organizations “to transparently share Afghanistan’s developments, allowing the world to comprehend the actual situation in the country and the strides being made.

“Furthermore, the Islamic Emirate of Afghanistan requests the World Bank not only to disseminate factual information about Afghanistan but also to resume and complete the projects that were previously funded but remained unfinished,” the statement read.

The World Bank report on Afghanistan’s economic situation, stated that the inflation rate had decreased, domestic food production had risen, and the value of the afghani against foreign currencies had strengthened.

The report also noted improved export and import sector which gave national revenue a boost.

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Organization of Turkic States urges inclusive government and support for Afghanistan

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The Organization of Turkic States (OTS) has called for the establishment of a representative government in Afghanistan that reflects the country’s diverse population. The appeal came in a statement released after the OTS informal summit held in Hungary’s capital.

The OTS emphasized the importance of upholding human rights and ensuring the fundamental freedoms of all Afghan citizens without discrimination. It also urged stronger international cooperation to prevent Afghanistan from becoming a base for terrorist activities.

Member states highlighted the urgent need to combat illegal drug production and trafficking in Afghanistan and advocated for increased support through alternative livelihood programs. In a push for economic recovery, the organization encouraged expanding trade and economic ties with Afghanistan to promote sustainable development.

The statement also stressed the need to unfreeze Afghanistan’s financial assets, reintegrate its banking sector into the global financial system, and implement fiscal transparency and legal reforms to facilitate economic recovery.

Leaders welcomed the creation of the Afghanistan Working Group, tasked with coordinating a unified stance among OTS members on issues related to Afghanistan.

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Salang Highway closed as reconstruction resumes

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The Ministry of Public Works has announced the start of reconstruction work on the remaining sections of the Salang Highway. To facilitate this process, the main route of the highway will be temporarily closed to movement of vehicles.

According to the ministry, passenger buses will be allowed to travel 24/7 via an alternative (secondary) route prepared on both sides of the highway. Cargo vehicles will also be permitted to move on the main route in alternating directions: one night from north to south, and the following night from south to north.

The Ministry of Public Works has called on citizens for patience and cooperation until the reconstruction is completed later this year.

The Salang Highway reconstruction project had been officially inaugurated in 2023.

 

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Eight Afghans arrested at Ukrainian border

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Ukrainian border guards have detained eight Afghan citizens who were trying to cross the Belarusian border into Ukraine illegally in the Rivne region.

One of the men tried to escape but failed, the Ukraine’s UNN reported.

The State Border Guard Service of Ukraine said the identities and circumstances of the offense are being verified, in particular, the persons who could have facilitated the illegal crossing are being identified.

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