Business
Japan Contributes $2.7 Million to Displaced People in Afghanistan
Japan contributes more than two million dollars to the displaced people in Afghanistan.
According to the statistics of the Ministry of Refugees and Repatriation, around 360 thousand people were displaced due to war and natural disasters in Afghanistan during the current year.
Japan on Wednesday announced its contribution to prevent food disaster among the displaced people.
“Due to the natural disaster, Afghan people faced lack of food, particularly because of drought that created many problems for the people,” Japan ambassador said.
The money will be distributed through the UN World Food Program to displaced people and returnees who have returned to Afghanistan which the UN estimates them as 95,000 people.
“The aid will be very effective in this time, we are working on a program to transparently distribute these assistances to the needy people,” Sayed Hussain Alemi Balkhi, the minister refugee added.
Japan also donated another $ 8 million in Afghanistan’s Children and Women’s health sector on Tuesday.
Business
Commerce ministry steps up efforts to grow export market
The Ministry of Commerce and Industry says that they have increased marketing efforts for domestic products to be sold on global markets.
Officials said markets of Central Asia and Russia are viable markets for Afghan goods and that they are trying to hold expos in these countries.
They also said that large expos of Afghan products will be held in Uzbekistan, Russia and Kazakhstan in the near future. Nooruddin Azizi, the acting minister of commerce and industry, said his ministry has increased marketing efforts in order to supply foreign markets with domestic products. He said Central Asia and Russia have proved to be stable markets for local goods.
Meanwhile, the Afghanistan Chamber of Commerce and Investment (ACCI) said there is no doubt that the markets of Central Asia and Russia are among the best markets for exported goods, but that the Islamic Emirate should pave the way for more exports and for technical issues to be resolved.
Economic experts believe that the marketing of Afghan products in global markets is one of the most important responsibilities of the relevant institutions in the government so that Afghanistan’s trade with other countries can flourish.
Afghanistan currently has good trade relations with Central Asian countries, and if these relations expand, more goods will be exported from Afghanistan, experts have said.
Business
Siberian oil and gas businessmen meet with Delawar for talks
Shahabuddin Delawar, the acting Minister of Mines and Petroleum, met with a delegation from the Siberian oil and gas sector in Kabul this week to discuss investment opportunities.
According to the ministry, the visiting Russians expressed interest in investing in Afghanistan oil and gas mines.
In response, Delawar welcomed their interest and stated that the ministry would cooperate with them and provide necessary facilities for their endeavors.
Business
Supreme leader approves budget for 1403 solar year
The Supreme Leader of the Islamic Emirate of Afghanistan has ratified the national budget for fiscal year 1403 (solar year) after a “thorough review and consideration.”
This year’s national budget has been meticulously crafted to address the needs and priorities of the people, IEA spokesman Zabihullah Mujahid said on Tuesday.
As with the previous year, the budget has been drawn up exclusively using domestic revenues.
The Ministry of Finance will, as always, incorporate the national budget for the fiscal year 1403 into the country’s financial system, Mujahid said.
All associated sectors, both ordinary and developmental, will be managed with full transparency and in accordance with standard procedures, he added.
No further details were given.
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