Afghanistan


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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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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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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President Volodymyr Zelenskiy said on Tuesday that Ukraine would be ready to hold talks with Russia in any format once a ceasefire deal is in place and the fighting has stopped, Reuters reported. The Ukrainian leader also told reporters at a briefing that a Ukrainian delegation meeting officials from Western countries in London on Wednesday would...
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Russian Foreign Minister Sergey Lavrov will meet with Uzbek federal government authorities this week to discuss bilateral relations, Eurasian combination and preparations for the upcoming 80th anniversary of success over Nazi Germany. The Russian Foreign Ministry&& s main spokesperson, Maria Zakharova, said Lavrov is expected to consult with Uzbek ... Russian Foreign Minister Sergey Lavrov will meet Uzbek government officials today to discuss bilateral relations, Eurasian integration and preparations for the upcoming 80th anniversary of triumph over Nazi Germany.The Russian Foreign Ministry&& s official spokeswoman, Maria Zakharova, said Lavrov is anticipated to consult with Uzbek President Shavkat Mirziyoyev and will hold talks with Uzbek Foreign Minister Bakhtiyor Saidov, TASS reported.&& The sides will discuss present global concerns of shared interest, regional security matters, cooperation within the CIS, SCO and Central Asia-Russia frameworks, taking into account the nearness or similarity in between Moscow and Tashkent&& s methods, & Zakharova said including that & the agenda will likewise consist of matters of Eurasian integration processes with Uzbekistan&& s observer status in the EAEU in mind.&& During his conferences with leaders of the Commonwealth of Independent States (CIS) last December, Russian President Vladimir Putin invited them to go to the Victory Day celebrations in Moscow scheduled to be hung on May 9. Also, military units from 19 friendly nations have been welcomed to take part in the Red Square Parade. The list of these nations has actually not yet been released, however Uzbek soldiers marched in the Red Square 5 years earlier, throughout the 75th anniversary of Victory in the Great Patriotic War.Uzbekistan traditionally holds various Victory Day events and campaigns.Meanwhile, the Russian Foreign Ministry has stressed that Moscow and Tashkent have && constructive, considerate and equally beneficial ties, based upon the principles of friendship, sovereign equality and respect to each other&& s interests. & The sides actively comply in trade, energy, science and humanitarian affairs.Special attention will be paid to the problem of labor migrants, as around 1.1 million Uzbek residents are employed in different sectors in Russia.Talks will likewise supposedly include Afghanistan, as this is an important topic for the 2 countries, TASS reported.Other local and worldwide problems are also anticipated to be discussed throughout Lavrov&& s meetings with Uzbek authorities in Samarkand. The post Lavrov in Uzbekistan for talks on different concerns including local security matters first appeared on TINS News.
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A minimum of 20 individuals were feared killed after believed militants opened fire on tourists in India&& s Jammu and Kashmir territory on Tuesday, three security sources stated, the worst attack on civilians in the distressed Himalayan region for many years, Reuters reported. The attack took place in Pahalgam, a popular location in the beautiful, mountainous ...
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  1. Tahawol: Inauguration of Kazakh-Afghan Business Forum talked about
  2. Saar: US consultation of Afghan-American for Afghan policy discussed
  3. Afghanistan-Kazakhstan trade soars by 32%, target set at $3 billion, says Azizi
  4. [Afghanistan] - China keen to purchase Afghanistan's agriculture sector: Ministry
  5. Afghanistan to showcase goods at expo as part of KazanForum