Economy & Development
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Afghanistan’s Trade Deficit Persists as Exports Reach $104M against $1.19B in Imports
DID Press: National Statistics and Information Authority of the caretaker government announced that the country’s export value in July reached $104 million, whereas in the June of the same year it was only $63.1 million. Officials from the authority vowed…
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Afghanistan Produces 60% of its Flour Domestically
DID Press: Afghanistan now produces 60% of its annual flour needs, announced the Economic Deputy of the caretaker government. The country requires about 6 million tons of flour each year, with 3.5 million tons currently supplied by domestic factories and…
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Hanif Urges Japan to Recognize Caretaker Administration
DID Press: Din Mohammad Hanif, Minister of Economy in Afghanistan’s caretaker government, urged Japan to recognize the Taliban-led administration and to invest in the country. In an interview with Japan’s NHK television, Hanif pointed to Russia’s recent recognition of the…
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Herat Industrial Town Employs 5,000 Returning Migrants
DID Press: 5,000 returning migrants have been employed in western Herat’s industrial town, announced provincial Chamber of Industries and Mines. According to Naser Amin, head of the chamber, the first phase of the initiative aims to create 10,000 jobs across…
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Kabul, Tashkent to Sign 4 Power Transmission Projects
DID Press: Afghanistan Power Company (ABSC) announced that four important agreements on the transmission and development of power network will be signed between Afghanistan and Uzbekistan. ABSC announced in a press release on Sunday (August 17) that these agreements include…
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India, China in Talks to Restore Border Trade after 5-Year Freeze
DID Press: India and China are rebuilding their economic relations, which had been suspended following the 2020 deadly border clash. The latest move of Prime Minister Narendra Modi’s outreach to BRICS nations comes after the US imposed a 50% tariff…
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US National Debt Surges Past $37 Trillion
DID Press: U.S. Department of Treasury announced that the nation’s debt has exceeded $37 trillion for the first time in history. This unprecedented record, set early Wednesday morning, has intensified concerns over the federal government’s fiscal sustainability and potential future…
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