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

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
Pakistan appoints 26 new jirga members for border crisis talks in Afghanistan
Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade

The Pakistani authorities have appointed a new 26-member jirga to hold further talks in Afghanistan over reopening Torkham border after the first round of talks hit a stalemate last week.
Torkham crossing was closed almost a month ago when Pakistan border officials opposed the reconstruction and renovation of a security check post on the Afghan side.
Sources told Pakistan’s Dawn news outlet that the new jirga would consist of 26 members, including experienced and influential tribal elders and local traders who are mostly members of Khyber Chamber of Commerce and Industry.
The source told Dawn talks could resume today, Monday March 17.
Torkham, a key border crossing between Pakistan and Afghanistan in the Khyber District of Khyber Pakhtunkhwa, remained closed for the 24th day on Monday amid rising concerns among traders of both countries who have suffered enormous losses due to the closure.
The crossing was closed on February 21 after escalation of tensions between the border forces on both sides. During subsequent exchanges of fire, three Afghan soldiers died while eight Pakistani paramilitary troops also sustained injuries.
Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade adding that over the first 20 days, approximately $60 million in trade was lost.
Torkham Border Crossing facilitates the daily movement of around 10,000 people to Afghanistan and is a key trade route between the two countries. Over 5,000 trucks, including those carrying perishable goods, are currently stranded, causing heavy financial losses.
Business
Uzbekistan investors show keen interest in mining and construction sectors
The Uzbek Ministry of Investment, Industry and Trade said last month that Uzbekistan and Afghanistan plan to increase the trade turnover to $3 billion.

Uzbek investors met last week with Afghanistan’s Deputy Minister of Commerce and Industry, Ahmadullah Zahid, and showed an interest in the construction and mining sectors in Afghanistan. The Ministry of Commerce and Industry (MoCI) said in a statement after the meeting that the Uzbek delegation had been assured that Afghanistan was secure and that there are vast investment opportunities in the construction and mining sectors.
Zahid reaffirmed the government’s commitment to supporting both domestic and foreign investors, ensuring a favorable business environment. He also said he hoped the investments would help boost Afghanistan’s economy and further strengthen economic relations between the two neighbouring nations. This comes after Uzbekistan opened a trade center in the northern city of Mazar-e-Sharif early this month.
The trade center provides Uzbek entrepreneurs with a platform to market their goods in Afghanistan.
Trade turnover between Uzbekistan and Afghanistan totalled $153.7 million in January 2025. This is 231 percent more against the same period last year ($46.3 million in January 2024).
The Uzbek Ministry of Investment, Industry and Trade said last month that Uzbekistan and Afghanistan plan to increase the trade turnover to $3 billion.
The latest development comes amid concerted efforts by both countries to boost their cross-border trade relations.
Business
Afghanistan records trade volume of $292 million via air corridors in 1403 solar year

Afghanistan’s Ministry of Industry and Commerce says that in the solar year 1403 (April 2024 to March 2025), goods worth $292 million were transported through air corridors.
Abdulsalam Jawad Akhundzada, the ministry’s spokesman, said that the value of exports through air corridors this year totalled $125 million and imports $167 million.
He added that the main export items were dried fruits, saffron, dried and fresh figs, jujubes, pine nuts and handicrafts, and the main import items were medicines and electronic devices.
Akhundzada said that exports happened through Kabul, Kandahar and Mazar-i-Sharif airports to the United States, Germany, China, India, Britain, South Africa, Austria, United Arab Emirates and some other countries.
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