“Introducing the general goals and policies of Da Afghanistan Bank” workshop was held at Kateb University in cooperation with Afghanistan Bank.

The workshop titled “Introducing the general goals and policies of Da Afghanistan Bank” was held at Kateb University in cooperation with Afghanistan Bank.

This workshop with the title of “Introducing the general goals and general policies Da Afghanistan Bank” in cooperation with Da Afghanistan Bank was held on Wednesday, June 12, 2019 in the Conference Hall of Kateb’s Master Branch at 10:00 AM.

After reciting the Holy Quran and playing the national anthem, Mr. Ahmad Mohammadi head of Business Economics presented his speech. While welcoming Mr. Shafiqullah Barez, Deputy Director General of Da Afghanistan Bank, Mr. Javad Sadad, Deputy Director General of Monetary Policy, Mr. Syed Mohsen Sadat, Deputy Director General of Financial Supervision of Da Afghanistan Bank, all faculty members and students, he talked about the importance and position of the central bank in the world and in Afghanistan. He also referred to the central bank’s tools for controlling the money market and the banking network, and provided information on the role of expansionary and contractionary monetary policies and their effects on economic growth.

Mr. Shafiqullah Barez said that Da Afghanistan Bank, in addition to seeking to perform its main duties effectively, it also tries in awareness and sharing information about the performance of Da Afghanistan Bank and the country’s financial system. He also pointed out that holding educational and information programs for students majoring in economics, finance and banking is one of the academic collaborations planned at the university level. After his speech, Mr. Javad Sadad, pointed out the objectives of general policy of Da Afghanistan Bank. He said that one of the important tasks of Da Afghanistan Bank is to implement monetary policy, which is formed through the sale of currencies through auctions, the sale of capital securities through tenders and mandatory reserves. He also spoke about the implementation of monetary policy in the country, ensuring and maintaining the stability of domestic prices, controlling and managing the money supply, taking into account the country’s economic conditions and the exchange rate, and provided sufficient information in this regard. After a short break, Mr. Sahib Seyed Mohsen Sadat, Deputy Director General of Financial Supervision of Da Afghanistan Bank, gave a presentation on how Da Afghanistan Bank supervises commercial banks and other financial institutions. He also provided comprehensive information on bank categorization in terms of capital adequacy, asset quality and content management. It is also worth mentioning that the questions and answers were formed by the students and each of the speakers answered the questions of the participants and finally the certificate of this workshop was distributed to the students.