English | دری

Afghan lawmakers unanimously reject draft national budget

in Afghan Business

Afghan lawmakers unanimously reject draft national budget

Afghanistan has entered the new fiscal year but without a national budget.

The lawmakers unanimously rejected the draft national budget for the year 2015, calling it unbalanced and unjustified.

Around 458.8bn AFN is estimated for the new fiscal year’s budget, which includes 275bn AFN for the ordinary budget and 183bn for the development budget.

The Senate passed on the draft budget to the House of Representatives without any approval or rejection last month.

In the meantime, Afghan Finance Minister officials insisted that the budget is balanced, economical and based on national interests.

The delayed budget draft could have detrimental effects on the country’s economy, as a number of development projects have been stalled due to lack of funds.

Related Articles

Afghan women’s handicrafts are put on display in Baghlan province

Handicrafts of Afghan businesswomen have been put on display in one of the hotels in Pul-e-Khumri, capital city of Baghlan

India offers 1000 scholarships for Afghan students for the academic year-2016

To further strengthen the close friendly relations between Afghanistan and India, the Government of India continues to offers 1000 student

An exhibition of Afghanistan’s economic achievements to be held in Dushanbe

A delegation of the Afghanistan Chamber of Commerce and Industries (ACCI) met with the Tajikistan Chamber of Commerce and Industries

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Your e-mail address will not be published.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*