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Review of economic projects in Afghanistan in 2023

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(Last Updated On: December 31, 2023)

In 2023, the Islamic Emirate of Afghanistan (IEA) was able to complete some huge projects from domestic revenues with little resources.

The completion of the first part of the Qosh Tepa canal and the reconstruction of part of the Salang highway are among the most important projects that were completed this year.

Attracting investment of 6.5 billion dollars on seven large mines, expanding trade relations with neighboring countries, maintaining the value of the Afghan currency against foreign currencies, preventing the smuggling of dollars out of the country, and also preventing the exchange of foreign currencies in daily transactions are considered to be among the other achievements of the IEA in 2023.

The start of the reconstruction of the Kabul-Kandahar highway, the extraction of oil from the Qashqari wells in Sar-e-Pul province, and the beginning of the extension of the 500 kV Jawzjan-Kabul line are also among the projects of 2023.

In addition, Afghanistan’s exports to other countries also increased. Based on the statistics of the Deputy Prime Minister for Economic Affairs, exports have reached one billion and 717 million dollars.

Afghanistan’s export goods have been exported to Iran, Pakistan, India, Tajikistan, Uzbekistan, United Arab Emirates, Saudi Arabia, China, Kazakhstan and America.

In 2023, the value of the Afghan currency was not only maintained against foreign currencies, but the value of the Afghan currency increased, the central bank stopped commercial transactions with foreign currencies and did not allow dollars to be smuggled out of Afghanistan.

This year, Afghanistan has had 21% of imports from Iran, 18% of imports from China, 18% of imports from Pakistan, and 14% of imports from the United Arab Emirates.

However, experts have said that Afghanistan needs more work and effort to get out of the current situation into a better status.

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Three road construction projects launched in Kabul

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(Last Updated On: April 27, 2024)

Three road construction projects worth about one billion Afghanis started in capital Kabul on Saturday.

The projects were inaugurated by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar.

The projects are: the second phase of Kotal Khairkhane road, the first part of the Shahid square to Qasaba, and the Airport road to Gumruk.

In the inauguration ceremony, Mullah Baradar said that Kabul municipality is working hard to beautify and regulate the city, and people should cooperate with the government in protecting public benefit projects.

He directed the officials of Kabul municipality to complete the mentioned projects on time and with good quality.

The second phase of Kotel Khairkhaneh road is 2.5 kilometers long and 60 meters wide. Thie road will cost 364 million Afghanis and will be completed in 20 months.

The Shahid square-Qasaba road is 1.8 kilometers long and 45 meters wide, which will be built at a cost of 175 million Afghanis in one year.

The Airport-Gumruk road is 2.7 km long and 60 meters wide, which will be completed at a cost of 407 million Afghanis in 20 months.

The projects are funded by Kabul Municipality.

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Russian defense minister says main threat for SCO countries emanates from Afghanistan

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(Last Updated On: April 27, 2024)

Russian Defense Minister Sergey Shoygu said on Friday that the main threat for the Shanghai Cooperation Organization (SCO) members emanates from Afghanistan where international terrorist groups find shelter due to unstable and indefinite political situation.

Speaking at a meeting of the SCO defense ministers in Kazakhstan’s capital Astana, Shoygu said Washington has stepped up efforts to restore its positions in Central and South Asia that were lost after the withdrawal of coalition troops from Afghanistan, Anadolu Agency reported.

The military chief called “unacceptable” the deployment of the American military infrastructure in the region, arguing that intentions should be regarded as “a direct threat to stability in the SCO space.”

According to him, the US is trying to impose a new security system in the Asia-Pacific region for dominance.

This comes as the Islamic Emirate has repeatedly emphasized that it does not allow anyone to pose threats to any other country from Afghanistan soil.

Recently, Mohammad Yaqub Mujahid, Acting Minister of National Defense Mohammad Yaqub Mujahid said that no destructive groups including Daesh have physical presence in Afghanistan,

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IEA calls Mujahideen Victory Day ‘freedom day’

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(Last Updated On: April 27, 2024)

In a statement on the occasion of the 32nd anniversary of the victory of the Mujahideen against the then communist government, the Islamic Emirate said that it is a day of freedom of the Afghan nation.

The Islamic Emirate described the coup by People’s Democratic Party of Afghanistan on 27th April 1978 as a dark day in history, as a result of which the people of Afghanistan suffered severe human and financial losses.

The statement said that the Afghan nation suffered huge casualties in their 14-year struggle against the thoughts and actions of the communists, as 1.5 million people died and millions more faced various hardships.

“After 20 years of Jihad, our country was freed from another occupation and the Islamic system was established, so the Islamic Emirate will make its utmost efforts so that the fruits of decades of sacrifice and struggle of this nation are not wasted,” the statement said.

“It was the wish of the martyrs to fully implement the Islamic system in the country, and therefore, the Islamic Emirate is trying to facilitate development and prosperity under the shadow of the Islamic system in order to realize the goals of the Afghan people’s jihads,” it added.

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