English | دری

Afghan government approves fiscal budget for year 1397

in Afghan Business

Afghan government approves  fiscal budget for year 1397

The 1397 fiscal year budget was approved in principle during a meeting of the cabinet of ministers under the chairmanship of President Mohammad Ashraf Ghani.

The budget consists of 357,691,493,000 Afghanis for the development and ordinary expenditures of the government for the upcoming fiscal year. Around 20.3bn Afghanis of the budget will come from domestic income and another 20.7 billion Afghanis from foreign sources.

Afghan finance Minister Eklil Hakimi said the budget includes 267,076,932,000 for ordinary budget and 906,145,610,000 for the development budget with 35,653,209,000 being arbitrary development budget while 54,961,352,000 being the non-arbitrary development budget for the year.

 

The Ministry of Finance is instructed to come necessary amendments in the budget and reprsent it in the next meeting of the cabinet.

 



Related Articles

Work on the much awaited TAPI gas pipeline to begin in December

Turkmenistan will begin work on the much awaited Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline in early December. Holding the world’s fourth largest

Fuel prices double in Bamyan

Fuel prices in the central province of Bamyan have doubled after the government shut down two coal mines in the

Joblessness a major concern in Samangan province

A number of Samangan residents have expressed their deep concerns about unemployment and lack of job opportunities in the province

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.