Economy
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Afghanistan
Afghanistan Remains Among World’s Low-Income Economies
DID Press: Afghanistan remains classified as a low-income economy in the World Bank’s latest income classification for fiscal year 2027, with no indication that the country has moved into a higher income group. The World Bank divides the world’s economies…
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Afghanistan
Fuel Prices Surge, Adding to Economic Pressure in Afghanistan
DID Press: Fuel prices across Afghanistan have risen by about 50% over the past month, putting additional pressure on household budgets and local businesses. Sources say the sharp increase in fuel prices has forced many Afghans to reduce their consumption…
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Afghanistan
Afghanistan, Kuwait Seek to Expand Trade and Investment Cooperation
DID Press: Afghanistan and Kuwait have discussed expanding trade and investment cooperation, according to Afghanistan’s embassy in Kuwait. Mohammad Shafiq Khatib, Afghanistan’s chargé d’affaires in Kuwait, met with Kuwaiti investor Ajeej Khalaf and a number of Kuwaiti businessmen and investors…
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Economy
Pakistan: Protests Erupt Over Fuel Price Hikes and Heavy Taxes
DID Press: Thousands of people took part in demonstrations in several Pakistani cities, protesting rising fuel prices, heavy taxation and mounting inflation. Thousands of Pakistanis marched in major cities across the country, including Islamabad, Lahore and Karachi, against the government’s…
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Afghanistan
$30 Million Oil Refinery Begins Operations in Afghanistan’s Sar-e Pul
DID Press: An oil refinery with an investment of $30 million has begun operations in Afghanistan’s northern Sar-e Pul province, with a daily processing capacity of 600 tonnes of crude oil. Officials at the refinery said the required crude oil…
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Afghanistan
Construction Begins on $143 Million Gulbahar Cement Plant in Herat
DID Press: Construction has begun on the Gulbahar cement plant in Zindajan district of western Afghanistan’s Herat province, with an investment of $143 million. The project is expected to be completed within two years and will have a production capacity…
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