December 14, 2024 01:53 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess
Afghanistan Factory
WIKIMEDIA COMMONS

Afghanistan: 50 pct factories have stopped functioning as market drops

| @indiablooms | Jan 14, 2022, at 02:49 pm

Kabul: Afghanistan's  Chamber of Industry and Mines as said nearly  50 percent of factories have halted operations due to banking problems and the lack of raw materials as well as the drop in market demand.

“Due to less demands in markets, banking problems, and electricity problems, 40-50 percent of activities have been stopped,” Mohammad Karim Azimi, an official at the Chamber of Industry and Mines, tld Tolo News.

Some owners of the factory have also raised their concerns over the lack of electricity to run their operations.

Khalid Mohammd Tajik is the owner of a factory that has recently stopped its activity.

“Due to the recent changes in the country, there is a problem with the raw material and also the lack of good markets. We do construction work, but construction has stopped now,” he was quoted as saying by the news portal.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia Mar 22, 2023, at 08:26 pm