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MOF unlawfully funds NDC in billions of Afghanis
According to the House of Representatives, the National Development Company (NDC) has legal problems and therefore, the Ministry of Finance shouldn’t have funded it.
Members of the Finance and Budget Commission of the House of Representatives say the MOF has illegally paid billions of Afghanis to the NDC to implement projects.
They emphasize that they will not pass budgets and expenditures that are against the law.
They call the creation and operation of the National Development Company illegal, while the company has started a number of projects worth billions of Afghanis.
They say most projects are run by the company through a single source, which is against the law.
According to a number of members of parliament, the money paid to the company by the MOF is not included in the national budget document.
Ahmad Javid Sapai, a member of the Finance and Budget Committee of the House of Representatives, said, “We witnessed that the MOF granted projects to the NDC from a single source which is an illegal act. In some cases, the projects should be given from a single source where every detail is taken into account.”
The finance ministry called the criticism of the parliament’s finance and budget commission baseless, saying the ministry’s actions were based on a presidential verdict.
The spokesman of MOF said there was no evidence of corruption in the projects.
“We have never done anything in the budget that is against the law. All our activities are in accordance with the law and we will continue to do so,” said Shamrooz Khan Masjidi, MOF spokesperson.
Experts have also expressed concerns over the matter and called on the government to address the legal issues of the National Development Company.
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World
Saudi Aramco helicopter crash kills 14 nationals, state news agency says
A helicopter belonging to Saudi oil giant Aramco crashed on Sunday in Ras Tanura on Saudi Arabia’s eastern coast on the Gulf, west of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that the cause was unknown.
Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal in the Gulf after they were halted for nearly four months, Reuters reported.
“The relevant authorities have launched a full investigation to determine the cause of the crash,” the state news agency added.
Aramco did not respond immediately to an emailed request for comment.
The incident took place at 6 a.m. local time (0300 GMT), the state agency said, without providing further details.
Saudi Arabia, the world’s biggest oil exporter, has joined a rush to move cargoes after Middle East producers ramped up oil and gas output and exports ahead of an interim deal to halt the war between the United States and Iran.
Business
Afghanistan eyes direct Basmati rice imports from India amid tensions with Pakistan
Afghanistan is exploring direct imports of Basmati rice from India as it seeks to diversify its supply sources amid ongoing tensions with Pakistan, according to a report by The Hindu.
The report said Indian exporters and Afghan importers are expected to meet next month to discuss expanding direct trade in Basmati rice, following preliminary talks between officials from both countries held last week with the facilitation of the PHD Chamber of Commerce and Industry.
Afghanistan consumes nearly 500,000 tonnes of Basmati rice annually and has traditionally relied on imports from neighboring Pakistan. However, industry sources told The Hindu that recent strains in Afghanistan-Pakistan relations have encouraged Kabul to seek alternative suppliers, including India.
Representatives of Afghanistan’s diplomatic mission in New Delhi reportedly took part in the discussions and expressed interest in increasing purchases of Indian Basmati rice. At present, some Indian rice reaches Afghanistan indirectly through traders in Iran and Dubai, a route that adds to transportation and transaction costs.
One proposal under consideration is to transport rice through Iran’s Bandar Abbas Port, subject to agreements between the two governments. The discussions are also expected to cover logistics, payment mechanisms, and the possibility of barter trade, with Afghanistan’s dried fruit exports to India seen as a potential component of future trade arrangements.
According to The Hindu, a direct trade arrangement could help India expand its share of Afghanistan’s Basmati market, which has historically been dominated by Pakistani suppliers.
Latest News
Afghan minister says ‘outsiders’ should not claim to support Afghanistan’s independence
The meeting was attended by governors of Sar-e-Pul and Samangan provinces, local officials, religious scholars, and a number of local residents.
Minister of Borders, Ethnic Affairs and Tribes Noorullah Noori has said that those who interfered in Afghanistan over the past twenty years should now not claim to support a “free and independent Afghanistan.”
According to a statement, Noori made the remarks during a public gathering titled “Unity and Coordination with the People” held in the Kohistanat district of northern Sar-e-Pul province, during his official visit to the province.
The meeting was attended by governors of Sar-e-Pul and Samangan provinces, local officials, religious scholars, and a number of local residents.
Noori stated that under the Islamic system, the beliefs, history, freedom, and values of the Afghan people are protected and safeguarded. He added that those who, over the past twenty years, tested the Afghan people for their own “malicious objectives” should not now claim to support Afghanistan’s independence.
He further emphasized that the people of Afghanistan are not aligned with the Islamic Emirate out of compulsion, but rather support the Islamic system based on faith, ideology, culture, and political belief.
Participants of the gathering also stressed the importance of strengthening the Islamic system and enhancing national unity. They stated that the current system enjoys domestic legitimacy among the Afghan people and that those plotting against it are not accepted by society.
They further added that they will continue to defend the existing system through unity and solidarity and will not allow insecurity or external interference in Afghanistan’s internal affairs.
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