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KABUL (PAN): The defence lawyer for Kabul Bank’s former chief on Wednesday suggested the issue should be resolved in light of relevant banking laws without discrimination against anyone.Kabul Bank, once the country’s largest private lender, plunged... read more
 KABUL (PAN): Afghanistan would sign a long-term strategic cooperation agreement with Norway in September this year to bolster ties with the Nordic nation.The Norwegian Foreign Minister Jonas Gahr Stoere assured President Hamid Karzai during a... read more
KABUL (PAN): The United States would invest $297 million in Afghanistan to establish coal energy producing plants and iron-sulphur separation laboratories, besides developing a gas field, the mines minister said on Monday.Wahidullah Shahrani told a... read more
KABUL (PAN): Afghanistan has sketched out several projects under 22 programmes to be presented at the July Tokyo Conference, the Finance Minister told the Wolesi Jirga on Tuesday, adding the country would require $5 billion (250 billion afs) in 2015... read more
KABUL (PAN): A charity organistaion on Saturday accused the Ministry of Defence (MoD) of grabbing 58.5 acres of land belonging to the organistaion’s founder, the late Majeed Zabuli.A representative of the “Zabuli Charity Foundation” told reporters... read more
KABUL (PAN): Various reconstruction projects including the construction of a road, started in eastern Nuristan province during the visit of ministers of finance and public welfare on Saturday, an official said.Spokesman of Ministry of Finance,... read more
KABUL (PAN): Some Wolesi Jirga members and a government official on Monday confirmed a meeting between Iranian officials and some MPs on how to block the approval of a strategic agreement with the US in Afghan parliament.President Hamid Karzai and... read more
KABUL (PAN): A moneychanger in Kabul has sneaked out of the country with $5 million (250.4 million afghanis) that belonged to his colleagues, officials said on Saturday.Identified as Aminullah Gardezi, the escapee transferred the money -- borrowed... read more
KABUL (PAN): Minister of Mines Wahidullah Shahrani on Tuesday alleged some neighbouring countries were threatening mega mine projects in order to impede Afghanistan’s economic revival."History shows that the enemies of Afghanistan have always tried... read more
KABUL (PAN): The process of digging historic relics at eight sites around the world’s largest copper mine in central Logar province is nearing completion and extraction work would be launched next year, a minister said on Monday.Discovered in 1974,... read more
KABUL (PAN): US President Barack Obama's special envoy to the Organisation of Islamic Conference (OIC) on Thursday said he was optimistic about a positive outcome of the proposed peace negotiations between the Taliban and the US.Rashad Hussain, the... read more
KABUL (PAN): The governments of Afghanistan and Saudi Arabia are all set to enter a comprehensive agreement on social and economic cooperation in the near future, Afghan envoy to the kingdom said on Wednesday.“We have a long history of relationship... read more
KABUL (PAN): Afghan farmers are being forced into selling their fresh fruits on lower rates due to the non-implementation of Afghanistan-Pakistan Transit Trade Agreement (APTTA), a trader representative said on Wednesday.ATTPA which replaces a 1965... read more
KABUL (PAN): The Ministry of Telecommunication and Information Technology said they plan to procure broadband internet services at a lower price from foreign telecommunication providers this week -- which would slash domestic internet rates.The... read more
KABUL (PAN): Second Vice-President Karim Khalili on Saturday stressed the need for practical measures to make the country economically self-sufficient because all national affairs would be Afghanised by 2014, when foreign troops are to leave.... read more
KABUL (PAN): The Indian steel minister, Beni Prasad Verma, said on Monday that his country was interested in investment in landlocked Afghanistan.The visiting Indian union minister inked an agrrement with Mines Minister Wahidullah Shahrani on... read more
KABUL (PAN): The Afghan minister of mines has held talks with senior officials in Ashgabat on a gas pipeline running from Turkmenistan through Afghanistan to Pakistan and India, a spokesman for the ministry in Kabul said on Friday.A feasibility... read more
KABUL (PAN): Prices of gold, gas and petrol declined during the outgoing week in Kabul, where slight changes were seen in the rates of other essential commodities, retailers said on Thursday.Abdul Baseer, a jeweller in the upscale Lecce-i-Maryam... read more
KABUL (PAN): Afghanistan earned $42.9 million last year from its coal mines, indicating an 88 percent hike in revenue, a ministry of mines official said on Thursday.Extractions are ongoing from coal mines in eastern Laghman, central Bamyan and... read more
KABUL (PAN): The Ministry of Commerce and Industries on Wednesday said that 5,000 tonnes of petrol purchased from Russia would reach Kabul in a month and the imports would help control soaring prices.A contract on fuel imports from Russia was signed... read more
KABUL (PAN): An Indian consortium and a Canadian firm would jointly invest $14.6 billion (729.4 billion afs) in developing the Hajigak iron mine, an official said on Saturday.The mine in central Bamyan province, which is estimated to hold 1.8... read more
KABUL (PAN): The Ministry of Finance said on Wednesday it had made changes with a financial impact of 312 million afghanis ($6.2 million) to the annual budget after its rejection by an overwhelming majority of Wolesi Jirga members less than two... read more
KABUL (PAN): The Ministries of Finance and Agriculture have signed three contracts for agricultural projects worth $37 million (1.8 afghanis), to be executed this year.The contracts were awarded to the Ministry of Agriculture at an exhibition in... read more
KABUL (PAN): The finance ministry on Sunday promised bringing changes to the annual budget, hours after its rejection by an overwhelming majority of Wolesi Jirga, lower house, members.The national assembly refused to endorse the proposed accounts... read more
KABUL (PAN): An agreement on coal extraction and cement production in western Herat province was inked between the Afghan Ministry of Mines and an Iranian firm on Sunday.During the first phase of the project, the Iranian company Peshgaman Sanat-i-... read more
KABUL (PAN): The Afghanistan Ulema Council on Tuesday condemned the killing of civilians by American troops in southern Kandahar province, demanding death penalty for the killers.The gruesome incident took place in Zang Abad area of Panjwai district... read more
KABUL (PAN): Germany would roll out $312 million (15,450 million afs) worth of development aid to Afghanistan this year that would be spent in Kabul, Kunduz, Takhar, Badakhshan, Baghlan and Balkh provinces.On Sunday,  Afghan Finance Minister... read more
KABUL (PAN): Afghanistan and the US on Friday formally signed a breakthrough agreement on the transfer of the US detention facility in central Parwan province to the Afghan government control.Gen. John R. Allen, the American military commander, and... read more
KABUL (PAN): Second vice-president Mohammad Karim Khalili, inviting the Taliban for a political dialogue, on Friday urged the Afghans to forge unity in their ranks to preserve what the nation had achieved over the past one decade.Addressing... read more
KABUL (PAN): The prices of gold aged down and that of fuel went up during the outgoing week in Kabul, where the rates of essential daily-use items stayed stable, retailers said on Thursday.Abdul Baseer, a jeweler in the Lecce-i-Maryam neighbourhood... read more
KABUL (PAN): The Ministry of Mines said on Wednesday that 23 international companies had shown their keenness on investing in exploration and extraction of gold and copper in the country.A spokesman for the ministry said the foreign firms are... read more
KABUL (PAN): Fresh currency notes with distinctive features would be released this year to prevent currency counterfeiting, Da Afghanistan Bank Governor Noorullah Dilawari announced on Saturday.The central bank has already confirmed the circulation... read more
KABUL (PAN): Fresh currency notes with distinctive features would be released this year to prevent currency counterfeiting, Da Afghanistan Bank Governor Noorullah Dilawari announced on Saturday.The central bank has already confirmed the circulation... read more
KABUL (PAN): Da Afghanistan Bank officials on Saturday said a huge amount of $4.6 billion was sent to foreign countries in one year in violation of a Cabinet decision banning the transfer of more than $20,000.Central bank governor, Noorullah... read more
KABUL (PAN): Traders on Tuesday asked the government to pay a special attention to the country’s once lucrative carpet industry, experiencing a 75 percent cut in production and exports over the past six years.Addressing a news conference in Kabul,... read more
KABUL (PAN): A bidding process for oil and gas extraction in the 31000 square kilometres Afghan-Tajik basin in the northeast would start on March 7, an official said on Saturday.Six oil and gas zones were recently identified in the energy-deficient... read more
KABUL (PAN): Pakistan has started allowing Afghan traders’ containers to enter the landlocked country on a daily basis, the deputy head of the Afghanistan Chamber of Commerce and Industries (ACCI) said on Wednesday.The clearance process for 700... read more
KABUL (PAN): The US deputy secretary of commerce and industries, concerned at Afghan traders’ problems in Pakistan, on Tuesday suggested that Afghanistan should seek alternative transit routes.The Afghanistan-Pakistan Transit Trade Agreement (APPTA... read more
KABUL (PAN): Holland gave $2.5 million in aid to the Afghanistan High Peace Council for strengthening peace and stability in the country, officials said on Tuesday.  A contract to the effect was inked among Finance Minister Hazrat Omar... read more
KABUL (PAN): Russia’s Special Representative for Afghanistan during a meeting with President Hamid Karzai in Kabul on Friday said his country supported the peace process led and driven by Afghans.Weeks ago, the Taliban agreed to have a political... read more
KABUL (PAN): The latest snowfall and rains that lashed most of the provinces raised hopes among farmers to get rid of the ongoing drought that affected crops in 14 provinces last summer.However, the recent snowfall that started last night brought... read more
KABUL (PAN): The US would construct a women socio-economic empowerment centre, a $5 million (245.7 million afs) project, under the supervision of American University of Afghanistan (AUAF) in the capital Kabul, officials said.The two-storey building... read more
KABUL (PAN): Finance Minister Omar Zakhilwal on Wednesday signed an agreement with the the United States Agency for International Development on using 50 percent of American aid within two years by the Afghan government, an official said.Until the... read more
KABUL (PAN): The commerce and industries minister on Thursday said wrong competitions among Afghan traders in bidding for fuel imports from Turkmenistan have sent prices soaring in Afghanistan. Dr. Anwarul Haq Ahadi told Pajhwok Afghan News... read more
KABUL (PAN): Prices of sugar and flour edged down, while the gold rate increased during the outgoing week in Kabul, retailers said on Thursday.Abdul Baseer, a jeweler in the Lecce-i-Maryam neighbourhood, put the rate of one gram of Arabian gold at 2... read more
KABUL (PAN): The Ministry of Commerce and Industries had issued fuel import licences to some private firms to meet public demand and stem the influx of substandard supplies to the market, a Cabinet minister said on Wednesday. "Currently, 60,000... read more
KABUL (PAN): An association was established on Tuesday by the Afghanistan Chamber of Commerce and Industries (ACCI) to defend the rights of domestic airlines, officials said."The state-run Ariana Afghan Airlines, Kam Air, Sapi Airlines, Afaq-i-Sharq... read more
KABUL (PAN): The Asian Development Bank (ADB) on Saturday pledged $75.4 million for upgrading a hydropower unit in the Greshk district of southern Helmand province, officials said.A contract to the effect was signed between Finance Minister Omar... read more
KABUL (PAN): Some political analysts on Thursday said US Special Representative for Afghanistan and Pakistan Marc Grossman's trip to the region would not yield the desired outcome because of Islamabad's refusal to receive him.However, others... read more
KABUL (PAN): The Ministry of Finance on Wednesday said Pakistan had assured the clearance of hundreds of Afghanistan-bound food containers in the next 10 days to end a two-month stoppage that could cause a temporary food shortage in the landlocked... read more
KABUL (PAN): Bids from international investors for the development of a lithium mine in western Herat province would be called after a draft policy on mine exploration and extraction is approved by the Cabinet, an official said on Tuesday.Prepared... read more
KABUL (PAN): Of the total 5,000 tonnes of diesel purchased from Russia, 1,000 tonnes have reached Kabul, an official said Monday. The rate of one litre of diesel has been fixed at 60 afghanis at government-run filling stations."The previous rate of... read more
KABUL (PAN): The Afghan Social Democratic Party on Sunday announced its support for the US-Taliban talks and opposition to a federal system in the country.A large number of party activists, representing different provinces held a gathering under the... read more
KABUL (PAN): Political analysts on Friday said there was no hope for an early ceasefire in the country as the peace talks were in their initial stages.The Taliban have said they were negotiating a peace deal with the US and have confirmed agreement... read more
KABUL (PAN): A "useful strategy" on the utilisation of mineral revenue is being evolved and would be presented to the Cabinet for approval in the near future, officials said on Thursday.Mines minister Wahidullah Shahrani in an exclusive interview... read more
KABUL (PAN): Mines Minister Wahidullah Shahrani on Monday said extraction work at the Ainak copper ore mine would start in 2013 to help increase Afghanistan's annual copper exports worth $1 billion in 2015.The mine, located 30 kilometres southeast... read more
KABUL (PAN): A feasibility study on laying the multibillion-dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline has been completed and work on the project's design to finish this year, the mines minister said on Monday.An agreement of... read more
KABUL (PAN): Mines Minister Wahidullah Shahrani on Sunday said Afghanistan would not only become self-sufficient in fuel production, but would also export it to other countries by 2015.Currently Afghanistan imports three billion tonnes of fuel.... read more
KABUL (PAN): The security switch from foreign troops to the Afghan forces had a negative impact on foreign investment in 2011, when cash flows into the country fell by $36 million, an official said on Saturday.Director at the Afghanistan Investment... read more
KABUL (PAN): Traders on Saturday warned of a tit-for-tat response to the restrictions slapped by Pakistan on Afghan trucks in the neighbouring country. About 700 trucks of Afghan traders have been stranded over the past month on the Pakistani... read more
KABUL (PAN): Prices of essential commodities, including food items, fuel and gold, remained unchanged in Kabul during the outgoing week, retailers said on Thursday.A 50-kilogram bag of Brazilian sugar was priced at 2,160 afghanis ($43.6), the same... read more
KABUL (PAN): Afghanistan's revenue from taxes and custom duty increased by 30 percent in the first nine months of 2011, compared to the same period last year, a Ministry of Finance (MoF) official said on Monday.The third-quarter revenue stood at 81.... read more
KABUL (PAN): The Afghanistan Chamber of Commerce and Industry (ACCI) chief on Saturday voiced concern at the government's new aviation policy allowing more foreign airlines international flights from the Kabul airport.Currently, Fly Emirates, Fly... read more
KABUL (PAN): The Afghanistan Chamber of Commerce and Industry (ACCI) would constitute a committee to safeguard the right of consumers, an official said on Wednesday.Having representation of the civil society, traders, university professors, workers... read more
KABUL (PAN): Afghanistan Chamber of Commerce and Industries (ACCI) officials on Wednesday claimed corruption was pervasive at customs departments and that government posts were being sold against payments."We have received this information from... read more
KABUL (PAN): The biggest-ever shopping centre, a $22 million (1,078 million afghanis) project, was opened in the Afghan capital Kabul, an official said on Monday.Afghanistan Chamber of Commerce and Industries (ACCI) head, members of... read more
KABUL (PAN): Da Afghanistan Bank, central bank, on Sunday asked private banks not to open new accounts for customers under Islamic banking until a draft law in this regard was approved.Of 17 banks, including three state-run, nine banks, including... read more
KABUL (PAN): Afghanistan would import 50,000 tonnes of fuel from neighbouring Turkmenistan in the near future, the minister of commerce and industries said on Tuesday.A delegation would be sent on December 28 to Turkmenistan, which had agreed to... read more
KABUL (PAN): The Ministry of Commerce and Industries on Monday said it had purchased 10,000 tonnes of liquefied gas which would be available in Kabul utility stores for 55 afghanis a kilogram and 60afs in private stores.Before Eidul Adha, one kg of... read more
KABUL (PAN): Political analysts say the Afghan government should ensure constructive utilisation of aid pledges held out at the second Bonn Conference that concluded yesterday in Germany, with delegates promising to keep supporting the war-hit... read more
KABUL (PAN): The French foreign minister has evinced his country's willingness to sign a long-term strategic agreement with Afghanistan, President Hamid Karzai's office said on Tuesday.Alain Juppe expressed France's readiness for the pact at a... read more
KABUL (PAN): The Chinese government has pledged to provide $23.5 million (1.14 billion afghanis) in assistance for education, agriculture and capacity building of the public sector, the Presidential Palace said on Tuesday.In a meeting with President... read more
KABUL (PAN): The Ministry of Public Health (MoPH) has been able to utilise 60 percent of its annual development budget during the ongoing fiscal year, emerging as an uplift spending leader, an official said on Monday.SO far 30 percent of the 74... read more
KABUL (PAN): The British government would provide $9 million (433.9 million afghanis) in grant support to the private sector of Afghanistan, an official said on Saturday.The project would be jointly executed by the Afghanistan Investment Support... read more
KABUL (PAN): Ministry of Finance officials on Monday asked the Wolesi Jirga or lower house of Parliament, to increase its monitoring of development activities by all ministries for the better use of the development budget.Of the 74 billion afghanis... read more
KABUL (PAN): The Finance Ministry on Sunday said government employees would be able to receive their salaries through mobile phones over the next three months.To launch the project, the United States Agency for International Development provided the... read more
MAZAR-I-SHARIF (PAN): Ministry of Commerce Officials promised on Monday gas prices would be lowered to 55 afghanis ($1.13) within two days, saying they had signed an agreement with three major importers.On Sunday, a delegation of officials from the... read more
KABUL (PAN): The liquefied petroleum gas shortage and price hike in Kabul was tied to hoarding by Afghan traders at the Hairatan port in Mazar-i-Sharif, an official said on Sunday.They would take effective step to deal with the problem, a Ministry... read more
KABUL (PAN): Registration has commenced for the participants of the traditional Loya Jirga scheduled to be convened on Wednesday to discuss the pros and cons of a proposed strategic partnership agreement between Afghanistan and the US and peace... read more
ISTANBUL (PAN): Pakistan agreed on Tuesday to cooperate with Afghanistan in investigating the assassination of ex-Afghan president and chief peace negotiator, Burhanuddin Rabbani.Relation between the two countries deteriorated after Rabbani's... read more
ISTANBUL (PAN): Alexander Lebedev, the buyer of UK's Independent Newspaper, on Tuesday met President Hamid Karzai in Istanbul and offered launching an airline in Afghanistan, a presidential spokesman said.The Russian billionaire also showed interest... read more
ISTANBUL (PAN): Afghan President Hamid Karzai was warmly welcomed by several Turkish officials when he arrived at the Ataturk International Airport in Istanbul on Monday.Among others, the governor and mayor of the city, protocol director at the... read more
KABUL (PAN): Legal action would be taken against farmers cultivating the outlawed poppy crop, a senior counternarcotics ministry official warned on Saturday."Farmers who cultivate poppies will be punished under Counter-Narcotics Law," said Gen. Baz... read more
KABUL (PAN): The Afghanistan Chamber of Commerce and Industries (ACCI) chief on Thursday said trade goods worth $4 billion were imported last year, but there was no record of the taxes paid.In an exclusive interview with Pajhwok Afghan News,... read more
KABUL (PAN): President Hamid Karzai on Tuesday left Kabul for Riyadh, the capital of Saudi Arabia, to attend Crown Prince Sultan bin Abdul Aziz Al Saud's funeral, the Presidential Palace said.Karzai is accompanied by his Foreign Minister Zalmai... read more
KABUL (PAN): Six international telecommunication companies have so far submitted bids for providing 3G technology for faster Internet services on mobile phones, an official said on Sunday.The bidding would continue till November 15, with more... read more
KABUL (PAN): Gold and sugar prices edged down while rates of other daily-use items stayed unchanged during the outgoing week in Kabul, retailers said on Thursday.One gram of Arabian gold sold for 2,100afs, registering a decrease of 200afs, and the... read more
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.A contract to the... read more
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.Hazrat Omar Zakhilwal told a press... read more
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.Karzai on Monday accused... read more
KABUL (PAN): Thirteen militants were killed and 15 others arrested in operations during the past 24 hours in different provinces, the Ministry of Interior (MoI) said on Tuesday.The joint offensives were carried out in Laghman, Faryab, Parwan and... read more
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.Total... read more
KABUL (PAN): A number of trade bodies in Afghanistan demanded on Wednesday the government either abolish or amend the municipal tax law.The rule that was passed by the Cabinet 10 months ago is about to be implemented. It requires businessmen to pay... read more
KABUL (PAN): The prices of daily-use commodities have gone up by nearly 19 percent over the past six months in the capital Kabul, traders said on Wednesday.On Wednesday, the wholesale price of a 50-kilogram Pakistani flour bag was 1050 afghanis, the... read more
KABUL (PAN): The International Monetary Fund (IMF) has urged donors to continue extending assistance to Afghanistan, a Ministry of Finance (MoF) official said on Monday.The call came at the annual IMF-World Bank meeting in Washington, MoF spokesman... read more
KABUL (PAN): The government should urgently investigate High Peace Council chairman Prof. Burhanuddin Rabbani's assassination and bring the attackers to justice, a top opposition leader demanded on Thursday.The former president was killed in a... read more
KABUL (PAN): The Afghan currency dipped against the US dollar and gas prices declined, while food and other daily-use commodities' rates remained unchanged during the outgoing week in Kabul, retailers said on Thursday.The afghani depreciated against... read more
KABUL (PAN): Gas and flour prices dropped while rates of other daily-use items stayed unchanged during the outgoing week in Kabul, retailers said on Thursday.The price of one kilogram of liquefied gas decreased to 45 afghanis ($0.95) from 50 afs, a... read more
KABUL (PAN): President Hamid Karzai on Tuesday released eight detained would-be child suicide attackers to their families in deference to Eidul Fitr.Speaking to reporters after Eid prayers at the Presidential Palace, Karzai said the children were... read more
KABUL (PAN): President Hamid Karzai, after offering Eid-ul-Fitr prayers, on Tuesday once again urged the rebels to join his government-initiated peace process.  He also urged the youth to play their part in the country's rebuilding.The... read more
KABUL (PAN): Religious scholars have urged people to avoid visiting bereaved families who have lost members to offer prayers for the dead on the occasion of Eid.Afghans traditionally visit relatives and friends who have lost a member to offer... read more
KABUL (PAN): Ghee and flour prices edged down while other daily-use items' rates stayed unchanged in Kabul markets during the outgoing week, retailers said on Thursday.A 50-kilogram bag of Pakistani flour sold for 980afs ($20.68), showing a... read more
KABUL (PAN): A centre to control and distribute electricity, a $24 million US-funded project, was inaugurated in Kabul on Wednesday, an official said.The centre has an international computer system and modern facilities, Da Afghanistan Brekhna... read more
KABUL (PAN): Russia would export half a million tonnes of oil a year to Afghanistan at concessionary rates, a cabinet minister announced on Sunday. An agreement to the effect was reached during last week's visit of delegation of the Ministry of... read more
KABUL(PAN): Newly-introduced banknotes of one, two and five afghanis are being sold 20 percent higher than their actual price by moneychangers in Kabul. After the fall of the Taliban regime in 2001, the then transitional government had introduced... read more
KABUL(PAN): Some Wolesi Jirga members insist on peace negotiations with the Taliban to resolve the ongoing conflict, but others suggest the use of force against those unwilling to accept the Afghan constitution. Last year, the government created... read more
KABUL(PAN): A comprehensive mining policy for Afghanistan has been prepared and will be implemented over the next two weeks after its approval by the Cabinet, the minister of mines said on Saturday. At the end of a consultative meeting attended by... read more
KABUL (PAN): The acting water and energy minister signed on Wednesday an agreement with a Tajik company for the construction of the first phase of the Kamal Khan dam over Helmand River in southwestern Nimroz province. The Tajik company, Tadas, was... read more
KABUL(PAN): The Ministry of Commerce and Industry has referred the fuel station owners' association head to the Attorney General's office for selling diesel and petrol above the rates fixed by the government, an official said on Tuesday. On... read more
KABUL (PAN): Islamabad has allowed the transfer of stranded shipments to Afghanistan trough two Pakistani companies for a couple of months, the minister of commerce announced on Saturday. Afghan traders faced numerous problems over the past one... read more
KABUL (PAN): Thousands of bottles of alcoholic beverages and six tonnes of expired or illegal medicines were destroyed in the capital Kabul, officials said on Wednesday. The banned beverages and medicine were recovered with police assistance from... read more
KABUL (PAN): Revenue from taxing the salaries of public and private servants stood at 4.7 billion afghanis last year, an official said on Sunday. The income could reach 5.2 billion afghanis by the end of the current year, hoped the treasury head at... read more
KABUL (Pajhwok): The afghani rose against the US dollar and the Pakistani rupee over the past week, lowering the prices of flour and other daily-use commodities in Kabul, where the price of gold rose further, retailers said on Thursday. This week... read more
KABUL (PAN): Commerce ministers of the Economic Cooperation Organization (ECO) member states met in Kabul Wednesday. They agreed on enhanced cooperation among customs offices. The ministers at the meeting also decided to make efforts to bring into... read more
KABUL (PAN): Commerce ministers from member states of the Economic Cooperation Organization (ECO) have arrived in Kabul on the eve of the organization's meeting, an official said on Tuesday. Except Azerbaijan, commerce ministers of all the... read more
KABUL (PAN): After a month’s wait, Afghan traders managed to take back export goods that had been stranded at the Pakistani port of Turkham, officials said Sunday. They took them back to Afghanistan’s Hairatan port for export to... read more
KABUL (PAN): Afghan traders left 400 vehicles in the Karachi port because of high demurrage charges from Pakistan, officials said on Sunday. Containers loaded with vehicles have been stranded in the Karachi port for the past five months because the... read more
KABUL (PAN): The depreciation of the Afghani against other major currencies has sent the prices of flour and other daily-use commodities soaring during the past week in Kabul, retailers said on Thursday. This week the buying rate of one US dollar... read more
KABUL (PAN): The World Bank on Sunday pledged providing the Afghan Ministry of Commerce and Industry $22 million to support the private sector and build the ministry's capacity, a cabinet minister said. A contract to the effect was signed... read more
KABUL (PAN): Three foreigners were among seven Kabul Bank officials arrested by intelligence officials as part an investigation after reports surfaced last year that the bank had lost hundreds of millions of dollars, an official said on Saturday.... read more
KABUL (PAN): The afghani fell against other major currencies during the outgoing week in Kabul, where the rates of  petrol, wheat and cooking oil jumped and that of sugar dropped, dealers said on Thursday. The buying rate of one US dollar was... read more
KABUL (PAN): The Islamic Development Bank (IDB) has displayed a keen interest in investing in different sectors of Afghanistan and opening a branch in Kabul, the Ministry of Finance said on Thursday. IDB Head Ahmad Mohammad Ali assured the finance... read more
KABUL (PAN): The price of sugar shot up in Afghanistan’s capital, while rates of other daily-use commodities stayed unchanged during the outgoing week, retailers said on Thursday. A 50 kilogram bag of Brazilian sugar cost for 2,150 afs, up... read more
KABUL (PAN): Pakistan is refusing to allow thousands of Afghanistan-bound containers loaded with commercial goods to leave the port city of Karachi, the capital of Sindh province, under the new transit trade agreement between the two countries, an... read more
KABUL (PAN): The long-awaited trade agreement between Afghanistan and Pakistan went into effect on Tuesday as a two-truck convoy carrying trade goods from Afghanistan was dispatched to Pakistan on its way to India for the first time under the new... read more
KABUL (PAN): Finance Minister Hazrat Omar Zakhilwal on Monday said the Afghan government had severed its relations with the International Monetary Fund (IMF) for stopping a $70 million payment after the near collapse of nation's largest private... read more
KABUL (PAN): The head of the Office of Oversight for Anti-Corruption, Dr. Azizullah Ludin, on Monday urged the international community not to suspend aid in response to the ongoing scandal at Afghanistan’s largest private sector bank. The... read more
KABUL (PAN): The price of sugar shot up and that of liquefied gas fell in the capital Kabul, where rates of other daily-use commodities stayed unchanged during the outgoing week, retailers said on Thursday. A kilogram of gas was sold for 45... read more
KABUL (PAN): Iran has agreed to export 300,000 tonnes of fuel to landlocked Afghanistan, the minister of commerce and industries said on Thursday.  Anwarul Haq Ahadi, who returned from a visit to Tehran on Wednesday night, said the agreement... read more
KABUL (PAN): A US-supported project aimed at reforming Afghanistan's land management systems and building the capacity of relevant government institutions was launched in Kabul on Wednesday. A contract for the $41.8 million Land Reform in... read more
KABUL(PAN): Afghanistan's exports to Pakistan and Uzbekistan declined by 33 percent over the past two years due to a variety of problems, an official said on Saturday. Hundreds of Afghan containers loaded with fresh fruits and vegetables could... read more
KABUL(PAN): Rates of liquefied gas and flour decreased in Kabul during the outgoing week, dealers said on Thursday. A kilogram of gas was sold for 41 afghanis (less than a dollar) against its last week's rate of 44afs, a dealer told Pajhwok... read more
KABUL (PAN): Hurdles to implementation of a landmark transit trade agreement between Afghanistan and Pakistan have been removed and the pact is expected to take effect 10 days later, a cabinet minister said on Thursday. Commerce and Industry... read more
KABUL (PAN): The Afghanistan-Pakistan Transit Trade Agreement (APTTA) will take effect from June 12, the commerce and industry minister announced on Tuesday. The landmark agreement, granting Afghanistan important trade concessions, was signed in... read more
KABUL (PAN): An audit about the issue of country's biggest private-sector financial institution, Kabul Bank, would start next week, the central bank governor announced on Monday. Funded by Canada and the United Kingdom, the audit would be... read more
KABUL (PAN): As many as 152 healthcare centres will be equipped with modern tools to diagnose tuberculosis and malaria in 14 provinces of the country, the acting public health minister said on Thursday. The equipment will be provided to clinics in... read more
KABUL (PAN): Prices of gold and flour edged down in Kabul, where rates of rice, sugar and oil increased during the outgoing week, retailers said on Thursday. One gram of Arabian gold accounted for 1,900 afs ($40) and the same amount of the Iranian... read more
KABUL (PAN): Weapons with illegal armed groups caused last week's airstrike by NATO-led soldiers, which killed four including two women, in the northern province of Takhar, investigators said on Wednesday. On May 18, a combined Afghan and... read more
KABUL (PAN): The defence ministry on Wednesday said fierce fighting was ongoing in Doab district of eastern Nuristan province, but did not confirm the fall of the remote town to Taliban insurgents. Earlier in the day, officials said the fighters... read more
KABUL (PAN): Pakistan's Foreign Secretary Salman Bashir arrived in Kabul at the head of a high-level delegation on Monday to participate in a trilateral meeting, officials said. Bashir would attend the three-way talks among Afghanistan,... read more
KABUL (PAN): In a bid to find market for local products, Afghan and Turkish traders on Sunday arranged a joint exhibition, showcasing wood and plastic products in Kabul. A joint venture of Afghan and Turkish businessmen, the show is supported by... read more
KABUL(PAN): The World Food Programme (WFP) on Thursday warned of cutting food supplies to poor Afghan families if international donors failed to assist the programme. "The WFP plans to distribute aid to about 7.3 million people in Afghanistan... read more
KABUL(PAN): President Hamid Karzai on Thursday said that Afghanistan, Pakistan and India were threatened by the global terrorism and the three countries should work jointly to get rid of the scourge. "We need to work together for peace and... read more
KABUL(PAN): Commerce ministers of member countries of the Economic Cooperation Organization (ECO) are due to meet in Kabul later this month, an official said on Tuesday. The three-day conference beginning May 31 will be an opportunity for non-... read more
KABUL(PAN): Two new buildings for a court and a school were inaugurated in eastern Kunar and central Panjsher provinces, officials said on Monday. The three-storey building for the Asadabad court of appeal in the capital of Kunar cost $4, 40,000 (2... read more
KABUL (PAN): Governor of Da Afghanistan Bank Abdul Qadir Fitrat on Wednesday named some of Kabul Bank shareholders who were allegedly involved in misusing clients' deposits. Despite risks, the stakeholders were named to resolve the crisis,... read more
KABUL (PAN): A private cellular phone company was allowed on Monday to launch a money transfer service, the first of its kind in Afghanistan, the central bank governor announced. The Roshan telecom, which started operations in the country in 2003,... read more
KABUL (PAN): Loans of about $47 million (2.153 billion afghanis) issued by Kabul Bank have been recovered and its property worth $110 million in Kabul and the United Arab Emirates identified last week, a senior official said on Wednesday. The... read more
KABUL(PAN): The World Food Programme (WFP) on Friday said it lacked $257 million to provide food aid for millions of Afghans, calling on the international community for early donations. Food aid for 7.3 million Afghans was endangered by a lack of... read more
KABUL(PAN): A Turkish delegation, comprising officials and traders, is expected to arrive in Kabul on Saturday for signing an agreement on bilateral trade and development cooperation with Afghan counterparts, an official said on Thursday. Invited... read more
KABUL(PAN): The afghani fell against other major currencies during the outgoing week in Kabul, where rates of food items and gold jumped, dealers said on Thursday. One US dollar accounted for 45.85 afs and 1,000 Pakistani rupees for 543 afs,... read more
KABUL(PAN): The prices of diesel went up and that of cooking oil slightly downed during the outgoing week in Kabul, where rates of other daily-use commodities stayed unchanged, retailers said on Thursday. A litre of diesel was sold for 57 afghanis... read more
KABUL (PAN): Nearly 10,000 containers carrying commercial goods of Afghan traders are expected to reach Afghanistan within the next two weeks after Pakistan on Tuesday allowed their release, an official said. For the past seven months, the 10,000... read more
KABUL (PAN): The chief of the Afghanistan Investment Support Agency (AISA), Noorullah Dilawari, who is also an advisor to the president on bank affairs, has been arrested on corruption charges, an official said on Tuesday. Dilwari was arrested... read more
KABUL (PAN): The central bank, Da Afghanistan Bank, on Monday denied it has agreed to dissolve the embattled Kabul Bank, after the disclosure that bank executives and shareholders had been taking out loans to invest abroad. "No commission is... read more
KABUL (PAN): The central bank, Da Afghanistan Bank, on Monday denied it has agreed to dissolve the embattled Kabul Bank, after the disclosure that bank executives and shareholders had been taking out loans to invest abroad. "No commission is... read more
KABUL(PAN): Pakistan International Airlines or PIA, the state-owned carrier, on Saturday announced it will increase flights between Kabul and Islamabad. On a visit to Kabul, PIA chief executive, Amjad Khan Durrani, told Pajhwok Afghan News the... read more
KABUL(PAN): Afghanistan tax revenue climbed to 80 billion afghanis ($1.76 billion) last Afghan year, which ended March 21, from the previous year's 64 billion afghanis ($1,40 billion), a finance ministry official said on Saturday. "The... read more
KABUL(PAN): Only ghee prices slightly downed in Kabul city this week, with rates of other daily-use commodities staying unchanged, retailers said on Thursday. A five-kilo ghee cane was sold for 335 afghanis ($7.37) against its last week's price... read more
KABUL (PAN): Agriculture and livestock minister, Mohammad Asif Rahimi, on Wednesday officially launched the spring tree plantation drive aimed at planting 22 million seedlings across the country. Three million saplings, including fruit-bearing and... read more
KABUL (PAN): The new gas pipeline from Turkmenistan through Afghanistan to Pakistan and India will have positive impact not only on the economy of the region, but also on security, analysts say.   After over 15 years on the drawing-board... read more
KABUL (PAN): The government and business community of Afghanistan on Tuesday welcomed Pakistan's move of allowing trucks held up at Karachi port to travel to Afghanistan. The decision came after the Pakistani Federal Board of Revenue barred... read more
KABUL(PAN): A large number of Muslim countries supported the ongoing peace drive in Afghanistan at last week's meeting in Jeddah, Foreign Minister Zalmai Rassoul said on Tuesday. Representatives of more than 50 Muslim countries and the US... read more
KABUL(PAN): American forces are intent upon having permanent military bases in the country without accepting any conditions, the Afghanistan Research and Advisory Centre head said on Tuesday. Civilian deaths during last month's coalition... read more
KABUL(PAN): Traders underlined on Saturday the need for an international conference to urge Afghanistan's neighbours to put an end to trade transit problems with the landlocked country. Such a conference should discuss Afghanistan's transit... read more
KABUL(PAN): The prices of gold, fuel and ghee shot up in the capital Kabul, where rates of other daily-use commodities stayed unchanged during the outgoing week, retailers said on Thursday. One litre of diesel was sold for 55 afghanis ($1.21)... read more
KABUL (PAN): The Ministry of Economy on Tuesday warned non-governmental organisations (NGOs) of closure if they failed to submit their financial statements within 15 days, an official said. Ninety-six domestic and 10 foreign organisations had not... read more
KABUL (PAN): President Hamid Karzai left on Monday for London on a three-day state visit for talks with British Prime Minister David Cameron and other leaders, his office said. Heading a high-level delegation, the president will also meet British... read more
KABUL (PAN): Thirty percent of the Afghan government's development budget for the current financial year has been spent so far, Deputy Minister of Finance Mohammad Mustafa Mastoor said on Monday. By the end of the year, 40 percent of the... read more
KABUL (PAN): A dozen staffers were killed and wounded in Saturday's gun and bomb attack on Kabul Bank's branch in eastern Nangarhar province, an official said on Monday. At least 40 people were killed and 73 others injured in the Taliban... read more
KABUL (PAN): US Ambassador to Afghanistan W. Karl Eikenberry said on Sunday that his country was not interested in a long-term military presence in Afghanistan if its neighbours felt threatened. The US and the international community, committed to... read more

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