Connect with us

Business

Parliament approves fiscal year’s budget, Ghani praises the move

Published

on

The Afghan parliament on Monday approved the current fiscal year’s budget with the majority of votes after weeks of tensions between the two-state branches over the document.

Following the national fiscal year budget approval the Presidential Palace issued a statement saying that President Ghani thanked members of the House of Representatives for approving the budget for the 1400 solar fiscal year.

“The President praised the decision, approving the national budget for the solar year 1400 in the national interest, and called it important for the timely implementation of the basic plans and programs of the Government of the Islamic Republic of Afghanistan, especially development projects throughout the country,” read the statement.

“Increasing the salaries of employees, accommodating development projects, the relative balance of money in special codes, reducing unnecessary spending, preventing the loss of people’s money are important chapters of this success,” said Mir Rahman Rahmani, speaker of the house.

The fiscal year began on December 21, 2020, and the parliament rejected the budget draft twice.

On Sunday, lawmakers and the Finance Ministry officials agreed on almost all 19 disputed points, but they still have yet to agree on the allocation of the budget for the High Council for National Reconciliation as well as over the reduction in the number of development projects, MPs said.

Both sides also disagreed on a 15 million AFN allocation for the Afghanistan Oil and Gas Regulatory Authority, but the issue was solved when the fund was removed from the third budget draft, according to lawmakers.

In the third and latest draft, 105 million AFN ($1.3 million) have been shifted to the regular budget from the development budget.

Meanwhile, MPs did not approve the budget for a number of departments that did not receive a vote by the parliament, such as the High Council for National Reconciliation, and placed the budget of the Council under the budget of the Presidential administration office.

Some MPs still believe that no changes have been brought in the budget and that “everything (recent disputes) was just a show and was for personal interests.”

The estimated budget for the fiscal year 1400 is over 473 billion AFN (nearly $6 billion), including 311 billion AFN ($4 billion) for the regular budget and 162 billion AFN ($2 billion) for the development budget.

Business

Afghanistan, Belarus discuss expanding industrial and trade cooperation

Particular attention was given to companies producing tractors, industrial machinery, and equipment and vehicles used in the mining sector.

Published

on

Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, met with Belarus’ Minister of Industry during an official visit to the country.

The two sides discussed the establishment of manufacturing plants in Afghanistan, the regular organization of the Afghanistan-Belarus Business Forum, and follow-up on issues raised through the countries’ economic commission.

Belarusian officials expressed appreciation for Afghanistan’s participation in the country’s international industrial exhibition and voiced interest in expanding the presence of Belarusian manufacturing companies in Afghanistan.

Particular attention was given to companies producing tractors, industrial machinery, and equipment and vehicles used in the mining sector.

The second International Industrial Exhibition of Belarus is being held with the participation of around 500 companies from different countries. The exhibition has also attracted visitors from European and Asian countries.

Continue Reading

Business

Afghanistan, Tajikistan seek stronger trade and investment ties

The two sides discussed increasing trade exchanges, establishing direct links between traders and investors, and organizing joint economic programs.

Published

on

The heads of the chambers of commerce and industry of Afghanistan and Tajikistan have agreed to strengthen bilateral trade, promote investment and expand cooperation between the private sectors of the two countries.

Sayed Karim Hashemi, head of the Afghanistan Chamber of Commerce and Investment (ACCI), held an online meeting with Farhad Shah Rahman Alizoda, head of the Chamber of Commerce and Industry of Tajikistan, to discuss ways to expand economic ties.

The two sides discussed increasing trade exchanges, establishing direct links between traders and investors, and organizing joint economic programs.

Hashemi invited Tajik traders and investors to participate in the fifth Imam Abu Hanifa International Exhibition in Kabul.

Alizoda, meanwhile, invited an Afghan business delegation to attend a major trade and industrial exhibition in Dushanbe.

The two sides also stressed the importance of exchanging business delegations and developing long-term cooperation between the private sectors of Afghanistan and Tajikistan.

Continue Reading

Business

Kazakhstan grain shipments to Afghanistan rise over 4-fold

Of the total, 7.2 million tons were transported for export, while 2.1 million tons were supplied to the domestic market.

Published

on

Grain shipments from Kazakhstan to Afghanistan increased 4.4 times in the first eight months of the year, reaching 655,000 tons, according to Kazakhstan’s Transport Vice Minister Zhanibek Taizhanov.

Speaking at a government meeting, Taizhanov said Kazakhstan transported 9.3 million tons of grain by rail during the period, a 13% increase compared with the same period in 2025.

Of the total, 7.2 million tons were transported for export, while 2.1 million tons were supplied to the domestic market.

Taizhanov said grain shipments to Central Asia increased by 37%, while shipments to China rose by 34%. Grain exports through Russian ports also increased by 9%.

Meanwhile, combined fodder exports rose by 38% to 2.6 million tons.

Earlier, Kazakhstan’s Vice Minister of Agriculture Azat Sultanov said the country plans to commission 15 additional vegetable storage facilities by the end of 2026, with a combined capacity of 129,000 tons.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2026 Ariana News. All rights reserved!