Economy

Taliban's theft of electricity payments may trigger power cut-offs in Kunduz

The annual bill the Taliban militants extort from local residents comes down to about 60 million AFN [$800,000], say Kunduz electricity officials.

Saffron production set to exceed expectations in Afghanistan

Afghan saffron cultivation is expected to reach 14 tonnes by next year -- three years ahead of schedule, officials say.

Newly inaugurated Lapis Lazuli Route opens doors for Afghan exports to Europe

Afghanistan will soon begin shipping its products to the European markets, done primarily through its two main ports, Aqina and Turghandi.

Herat authorities work to implement ban on Iranian saffron imports

Efforts are underway to stem the import of inferior Iranian saffron, which President Ashraf Ghani banned October 7.

More Herat farmers turn to saffron as alternative to poppies

The Afghan government is providing incentives for Herat farmers to grow saffron, worth up to $8 per gram, instead of illegal or haram crops such as opium poppies.

Afghanistan earns World Bank's praise for improving business climate

Afghanistan moved up 16 places in the World Bank's rankings for ease of doing business.

Afghan farmers welcome government ban on saffron imports

Afghan saffron has been repeatedly ranked as the world's best, but low-quality saffron smuggled recently from Iran has either been mixed in with Afghan saffron or marketed as such, tainting the reputation of the product.

Afghan farmers smell sweet success choosing roses over poppy

Poppy farmers in Nangarhar are switching to the legal, money-making flowers to supply perfumes and essential oil to local and foreign customers.

With Iran's economy in tailspin, Afghans return home in record numbers

Iran's supreme leader Ayatollah Ali Khamenei said the country's economic problems were the result of internal mismanagement by the government.

Smuggling from Iran decimates Afghanistan's nascent saffron industry

Iran is trying to violate global trade practices by illegally exporting its saffron via Afghanistan and consequently is undermining Afghan farmers and the reputation of Afghan goods.

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