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Ministers Council approves budget for the upcoming fiscal year
On Monday session of Ministers Council headed by the Chief Executive Officer, Abdullah Abdullah the budget for the solar calendar 1394 was approved.
According to the statistic reports the budget ceiling for the fiscal year 1394 is estimated 422 billion Afghani which includes 282 billion ordinary budget and 140 billion developmental budget which shows the government budget deficit equal to 10.4 billion Afs in the upcoming fiscal year.
He stated, we are struggling to increase the percent of the country’s Gross Domestic Product than the previous years.
In addition, the Afghan cabinet expressed their concern regarding the suicide attacks carried out recently in the city especially at Kabul Police HQ Office.
Abdullah further directed the sectorial ministries to prepare plans in order to prevent the rising of food and fuel prices during the winter.
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Pakistani airstrikes on civilian areas in three Afghan provinces kill 13
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Karzai, UK envoy react after protest dispersed in Herat
Former Afghan President Hamid Karzai has expressed concern over the dispersal of a protest in the Jebrail area of Herat province by security forces, saying the incident involved violence.
Karzai said: “Our society needs peace and a life full of happiness and friendship.” He added that “the dignity and respect of all Afghan people, especially women, must be fully observed, and conditions for a dignified life must be ensured in their homeland.”
Security forces on Tuesday dispersed a gathering in the Jebrail area of Herat, which, according to Sayed Masoud Hosseini, spokesperson for Herat police, had caused tension and disrupted public order.
Hosseini said the individuals had gathered under the pretext of protesting the issue of hijab and were attempting to disturb public order, adding that the situation was brought under control following the timely intervention of security forces.
Meanwhile, the UK Special Representative for Afghanistan, Richard Lindsay, also reacted to the incident, calling for de-escalation and respect for freedom of expression.
In a post on X on Tuesday evening, Lindsay said: “Deeply concerned by reports of force being used on the streets of Herat. I call for de-escalation, respect for freedom of expression, and accountability for any unlawful harm.”
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Afghan central bank, AACC discuss expanding banking, trade and investment ties
Sediqullah Khalid, First Deputy Governor of Da Afghanistan Bank, met on Tuesday with Jeff Grieco, President and CEO of the Afghan-American Chamber of Commerce (AACC), to discuss expanding banking relations among Afghanistan’s commercial banks, strengthening trade, increasing investment opportunities, and enhancing stability in the banking sector.
According to a statement issued by Da Afghanistan Bank, Khalid said that alongside establishing a stable and robust banking system, the central bank remains committed to supporting the private sector and promoting trade, while working to expand constructive cooperation and relations with domestic and international institutions.
He added: “We believe that strengthening the banking sector and fostering private sector growth are among the key foundations of the country’s economic development and sustainable prosperity.”
Meanwhile, Grieco emphasized the importance of expanding joint cooperation to strengthen banking and trade relations, promote economic growth, facilitate business activities, and support the private sector.
The two also discussed a number of issues, including addressing traders’ banking challenges, electronic banking, international money transfers, improving financial services, and strengthening Afghanistan’s economic activities, according to the statement.
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