KABUL (PAN): The Asian Development Bank (ADB) has pledged $222 million in aid to Afghanistan for the construction of 145 kilometres of roads and establishment of an independent railways department, officials said on Wednesday.
KABUL (PAN): The government will have to set aside $80 million in next year's budget for the banking sector if loans released by the troubled Kabul Bank are not recovered, the finance minister said on Sunday.
KABUL (PAN): Key opposition leader Dr Abdullah Abdullah on Tuesday welcomed President Hamid Karzai's recent remarks against the Taliban militants and Pakistan. However, he asked for a clear policy on the peace process.
KABUL (PAN): Instability and negative reports about Afghanistan by international media have led to a cut in foreign investment from $37 million (1.7 trillion afghanis) to $23 million in the first six months of 2011, officials said Saturday.