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Pakistan to pay for imported coal from Afghanistan in rupees
Pakistan’s Prime Minister Shehbaz Sharif has approved the import of coal from Afghanistan in rupees instead of US dollars, saying the move will help the country save precious foreign exchange.
Sharif on Monday chaired a meeting on improving the transportation system of coal imported from Afghanistan in the country, the Express Tribune reported.
He expressed deep concern over the rising price of coal on the international market, saying it was the main reason for generating expensive electricity from coal-fired power plants in the country.
“The coal imported from Afghanistan in rupee terms will not only generate cheap electricity but also help save the country’s precious foreign exchange,” Sharif said.
The prime minister was informed that import of coal from Afghanistan would save more than $2.2 billion annually.
Sharif also directed the Ministry of Railways to take all necessary steps to ensure prompt delivery of coal imported from Afghanistan to power plants.
The PM ordered the formation of a committee of all officials concerned headed by the defence minister to expedite the import process.
Esmatullah Burhan, a spokesman for Afghanistan’s Ministry of Mines and Petroleum, told a press conference on Tuesday that Pakistan was a good market for coal exports, which should not be lost.
He said that revenue from coal exports under IEA rule were far higher than under the last government.
Ahmad Wali Haqmal, finance ministry spokesman, said tax on coal exports was increased to 30% from 20%.
The official said that until now coal was being sold at $90 per ton, but from now on it will be sold at $200 per ton.
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6.1-magnitude earthquake hits Afghanistan, epicenter in Badakhshan
A 6.1-magnitude earthquake struck Afghanistan on Saturday afternoon, according to the United States Geological Survey (USGS).
The quake’s epicenter was reported in Jurm district of Badakhshan province, with a depth of 208.3 kilometers.
So far, there have been no immediate reports of casualties or damage following the tremor.
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Delawar says Afghanistan has achieved security and unity after 47 years
Shahabuddin Delawar, Head of the Commission for Contact with Afghan Personalities, says Afghanistan has achieved security, unified governance, brotherhood, and progress for the first time in 47 years under the administration of the Islamic Emirate of Afghanistan (IEA).
Speaking at a meeting in Kabul on Saturday, Delawar said Afghanistan had lacked a unified system over the past four decades, but added that with the return of the Islamic Emirate, the issue has now been resolved.
Referring to Ashura commemorations held on Friday, he said the occasion was observed peacefully across the country under full security.
Delawar also urged exiled Afghan politicians to return, saying the commission was established to serve Afghans and address the concerns of returning figures. He added that any legal disputes involving returnees would be handled exclusively through the commission.
He further said the Islamic Emirate has expanded treatment centers and intensified anti-narcotics efforts since regaining power, claiming this has led to a significant decline in drug addiction.
Addressing the issue of international legitimacy, Delawar said he understood why the United States has not recognized the Islamic Emirate, arguing that Washington suffered a defeat in Afghanistan that it cannot easily overlook.
“They have suffered a major defeat that they cannot forget; if they recognize us, they will face questions from their own people,” Delawar said.
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EU announces major funding to support Afghan small businesses
The European Union says it is implementing hundreds of millions of euros in projects to support small and medium-sized enterprises (SMEs) in Afghanistan and help expand economic opportunities across the country.
Speaking to Ariana News, EU Chargé d’Affaires in Kabul, Veronika Boskovic Pohar, said the programs are aimed at creating jobs for skilled workers, women, youth, and returnees, while also strengthening the private sector. She added that alongside international support, Afghan authorities also have a role in facilitating economic growth.
According to Pohar, the EU is currently implementing projects worth €156 million focused on livelihoods, durable solutions, job creation, and women’s economic empowerment. She said an additional €40 million program specifically designed to support returnees will be launched in the near future.
She noted that the EU is gradually shifting its focus from emergency humanitarian aid toward long-term sustainable solutions, particularly for internally displaced people and returnees in Afghanistan.
Meanwhile, the United Nations, marking World Day of Small and Medium Enterprises, said SMEs account for more than 90 percent of businesses worldwide and play a critical role in employment and economic growth.
UN spokesperson Stéphane Dujarric stressed that stronger investment, innovation, and sustainable industrial development are essential to help businesses withstand economic challenges and build resilient economies.
Afghan private sector representatives and economic analysts say greater support for SMEs could help the country address economic challenges faster, increase employment, and promote sustainable long-term development.
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