Afghanistan

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Afghanistan A was defeated by Sri Lanka A with a margin of four wickets in the ongoing 50-over tri-nation cricket series. The match was held on Wednesday in Abu Dhabi, the capital of the United Arab Emirates. Afghanistan had previously lost one match against Ireland and another against Sri Lanka in this series. Batting first, the Afghan team set a...
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Zamir Kabulov, Russia&& s unique envoy for Afghanistan, on Wednesday met with Afghanistan&& s Acting Minister of Foreign Affairs Amir Khan Muttaqi in Kabul and said an unique meeting will be hung on the sidelines of the Kazan Forum to formally introduce the permanent joint commission in between Russia and Afghanistan. According to a declaration ... Zamir Kabulov, Russia&& s special envoy for Afghanistan, on Wednesday met with Afghanistan&& s Acting Minister of Foreign Affairs Amir Khan Muttaqi in Kabul and said a special conference will be hung on the sidelines of the Kazan Forum to officially release the long-term joint commission between Russia and Afghanistan.According to a statement issued by the Afghan foreign ministry, Kabulov stated that expanding relations with Afghanistan is important to Russia, and for that function, Moscow has taken steps to eliminate barriers in the course of developing bilateral ties.This comes after Moscow last week got rid of the Islamic Emirate from their list of militant organizations.During the conference, Muttaqi revealed gratitude for Russia&& s recent transfer to get rid of the IEA from its list of banned organizations and specified that the Islamic Emirate will soon appoint a diplomat at the ambassadorial level to serve in Moscow.The two sides also went over improving bilateral relations between Afghanistan and Russia, expanding economic and trade cooperation, and addressing particular regional issues.The 16th International Economic Forum && Russia-- Islamic World: Kazan Forum& & will be held from May 13 to 18 in the city of Kazan, Russia. Afghan products and items will be showcased at the event.The post Special conference will be held to launch Afghanistan&-- Russia joint commission, says Kabulov first appeared on TINS News.
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The Balochistan Chamber of Commerce and Industry in Quetta, Pakistan, has appealed to the federal government to issue work permits to skilled Afghan refugees who work in various sectors including mining and agriculture. Haji Akhtar Kakar, the vice president of the chamber of commerce and industry, made the request while pointing out that the...
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A strong earthquake with a magnitude of 6.2 shook Istanbul on Wednesday, Turkey&& s AFAD catastrophe agency stated, among the greatest quakes to strike the city of 16 million recently. There were no instant reports of damage, however people left structures as the quake hit and shook the city, situated on the European and Asian coasts of ...
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In the middle of increasing uncertainty in the international economy, South Asia&& s development prospects have deteriorated, with projections devalued in many nations in the area, including Afghanistan. Stepping up domestic profits mobilization might assist the region reinforce fragile financial positions and increase durability versus future shocks, stated the World ... Amid increasing uncertainty in the global economy, South Asia&& s development potential customers have deteriorated, with projections downgraded in the majority of countries in the region, including Afghanistan.Stepping up domestic income mobilization could assist the area enhance delicate financial positions and increase strength versus future shocks, stated the World Bank in its twice-yearly local outlook &-- the South Asia Development Update &-- which was released on Wednesday.According to the report, in Afghanistan, regardless of aid cuts, the economy is approximated to have actually grown by 2.5 percent in FY24-25, which was slower than the speed of population growth.Growth is anticipated to increase just reasonably to 2.2 percent in 2025/26, the World Bank report stated.Coinciding with the release of the South Asia report was the World Bank&& s Afghanistan Development Update report which described the situation in more detail.Stating that while the country&& s economy is gradually recuperating, the outlook stays unsure due to growing financial pressures, a broadening trade deficit and relentless hardship and food insecurity.The report specified that these elements continue to strain families and hinder inclusive growth.However, Afghanistan recorded its second successive year of growth in 2024, the World Bank stated, including that the recovery was mainly driven by the farming sector.Manufacturing and services remained suppressed due to an unfavorable organization environment, persistent export barriers and decreasing foreign aid.Modest gains in personal intake and property financial investment contributed to growth, the report specified, including that increasing imports broadened the trade deficit, increasing external vulnerabilities.At the same time, fast population development and the return of refugees continue to strain task development and civil service delivery, additional deepening the fragility of the economy.Deflation on the other hand persisted in 2024, with food costs having decreased sharply. Non-food inflation remained stable. Persistent deflation continued in 2024, Poverty, food insecurity, and poor nutrition however remained pushing obstacles and in spite of modest wage growth, high joblessness and restrictions on females continue to strain incomes, the report stated.Early this year, 14.8 million people dealt with food shortages, while severe malnutrition &-- now impacting 4.7 million ladies and children &-- is intensifying. The World Bank warned that without urgent action, human capital development will be further undermined.Fiscal pressures meanwhile stayed high as domestic profits mobilization, though relatively strong, is inadequate to offset the sharp decrease in aid.The report likewise mentioned that exports decreased in 2024, while imports rose &-- widening the trade deficit.The increase in imports nevertheless was driven by increasing industrial need and substitution of domestic customer goods.The afghani (AFN) currency, which had actually valued considerably in 2023 due to strong foreign inflows supported with small depreciation in 2024 but the banking sector stayed fragile.The World Bank reported that economic growth is expected to slow to 2.2 percent in 2025 in the middle of aid disturbances, before slowly recovering to 2.5 percent in 2026&-- 27. The company nevertheless alerted that while Afghanistan&& s youth remain a crucial source of resilience and untapped capacity, urgent action to broaden job chances for them is needed.The post Afghanistan&& s growth potential customers remain unpredictable amid international uncertainty: World Bank report initially appeared on TINS News.
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