Report: Afghanistan Plans Bill Trading and Bond Sales

Da Afghanistan Bank

Aimal Hashoor, a spokesman for Da Afghanistan Bank, the central bank in Afghanistan that regulates the banking and money handling operations, told Bloomberg news yesterday that “Afghanistan plans to allow trading in central bank bills and start selling longer-term government bonds in the coming year to diversify funding sources after receiving more than $30 billion of international assistance.” In an effort to reduce Afghanistan’s dependence on foreign aid, Hashoor told Bloomberg news that the central bank will develop its domestic debt market. Hashoor also told Bloomberg that the “central bank plans to start a national stock exchange in Kabul by 2013 to provide investment opportunities for domestic and overseas investors”. Click here to read the report from Bloomberg.

March 16, 2010 · admin · No Comments
Posted in: Afghanistan's Economy, Reconstruction and Development