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MoCI in talks with World Bank to resolve Afghanistan’s banking problem

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Ministry of Commerce and Industry (MoCI) officials said they have started discussions with the World Bank to resolve the current banking crisis in the country.

Officials said a delegation from the Islamic Emirate of Afghanistan (IEA) is holding talks with the World Bank on the issue.

“The Economic Commission, the Ministry of Commerce and Industry and the Ministry of Finance have a special program with the World Bank and the United Nations,” said Nooruddin Azizi, Minister of Commerce and Industry.

According to Azizi, some banks add to the challenges.

“Actually, there is no limitation in banking matters, but the banks themselves cause problems,” he said.

On the other hand, the private sector has said that the problems in Afghanistan’s banking system that arose after last year’s political developments have had a negative impact on the country’s commercial and economic activities and resulted in many problems for businessmen.

According to them, the country’s economy will get a quick boost if the IEA is able to resolve the banking problems.

“Some banks do transactions, but it takes time, but the fact that the Ministry of Finance and the Ministry of Commerce intend to talk with the World Bank in order to resolve banking problems is welcome,” said Khanjan Alokozai, a member of Afghanistan Chamber of Commerce and Investment (ACCI).

Economic experts believe that investment and economic growth in the country will be impossible until Afghanistan’s banking problems are resolved

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Afghanistan says Pakistan is shifting blame for its own security failures

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The Ministry of National Defense of the Islamic Emirate of Afghanistan has rejected recent accusations made by Pakistani officials following a deadly attack at a mosque in Islamabad, calling them “irresponsible” and “baseless.”

Pakistan’s Defense Minister Khawaja Mohammad Asif wrote on X that preliminary findings suggest the suicide bomber had been on the move to and from Afghanistan.

According to the Afghan Defense Ministry, Pakistan’s defense minister “immediately and irresponsibly” blamed Afghanistan for the attack without conducting proper investigations. Afghan authorities noted that this pattern has been repeated in the past, particularly regarding incidents in Balochistan and other security events inside Pakistan.

The ministry stated that linking such attacks to Afghanistan “has no logic or foundation,” adding that these statements cannot hide Pakistan’s internal security failures or help solve the underlying problems.

“If they were truly able to identify the perpetrators immediately after the incident, then why were they unable to prevent it beforehand?” the statement asked.

The Afghan government emphasized its commitment to Islamic values, stating it does not consider harm against innocent civilians permissible under any circumstances and does not support those involved in illegal acts.

The statement urged Pakistani security officials to take responsibility for their internal security shortcomings, review their policies, and adopt a more constructive and cooperative approach toward both their own citizens and neighboring countries.

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Islamic Emirate strongly condemns mosque bombing in Islamabad

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The Ministry of Foreign Affairs of the Islamic Emirate of Afghanistan has strongly condemned Friday’s suicide bombing at a Shi’ite mosque in Islamabad, the capital of Pakistan, which left 31 people dead and 179 others wounded.

Abdul Qahar Balkhi, spokesperson for the Ministry of Foreign Affairs, said in a statement that the Islamic Emirate considers such attacks—which violate the sanctity of religious rites and mosques and target worshippers and civilians—to be contrary to Islamic and human values.

The Islamic Emirate also expressed sympathy with the families of the victims and wished a speedy recovery to the wounded.

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Suicide bomber kills 31 in Shi’ite mosque in Pakistan’s capital

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A suicide bomber killed at least 31 people and wounded nearly 170 others during Friday prayers at a Shi’ite Muslim mosque in Pakistan’s capital, Islamabad, Reuters reported, citing police and government officials.

Images from the site showed bloodied bodies lying on the carpeted mosque floor surrounded by shards of glass, debris and panicked worshippers.

Dozens more wounded were lying in the gardens of the Khadija Tul Kubra Imambargah, in a semi-urban area on the outskirts of Islamabad, as people called for help.

Bombings are rare in the heavily guarded capital, although Pakistan has been hit by a rising wave of militancy in the past few years.

“The death toll in the blast has risen. A total of 31 people have lost their lives. The number of wounded brought to hospitals has risen to 169,” Deputy Commissioner Islamabad Irfan Memon said in a statement.

Two police officials said the attacker was stopped at the gate of the mosque before detonating the bomb. They asked not to be identified as they were not authorized to speak to the media.

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