English | دری

Afghanistan’s revenue up by 36% in the first six months of current fiscal year

in Afghan Business

Afghanistan’s revenue up by 36% in the first six months of current fiscal year

 Afghan Finance Ministry has collected 31.5bn AFN through customs, 21bn AFN through taxes and 17.5bn through non-tax revenues in the past six months.

According to the officials, this year’s revenue has amounted to over 70bn AFN, compared to last year’s 52bn AFN.

“The hike in revenue is not due to increase in taxes. There are three reasons behind the boost in revenue,” said Ministry’s spokesperson Ajmal Hamid Abdul Rahim.

He listed fight against corruption in the customs, appointment of experts in various departments and establishment of modern and computerized systems as the main reasons behind the increase in revenue.

Meanwhile, Integrity Watch Afghanistan believes  that billions of Afghanis still go to waste in customs department in the capital and in provinces due to endemic corruption.

“The Afghan government has managed to garner more in revenues and has taken necessary measures to reduce corruption. However, more needs to be done to curb corruption in order to collect more revenue through customs and other financial organs,” said Said Akram Afzali, head of Integrity Watch Afghanistan.

It is worthwhile to mention that that the set target for this year’s revenue is 132bn AFN; however, the current figures from the revenue indicate that the set target will be surpassed by the end of the year.



Related Articles

Road connecting Farah and Iran to be built in three years

The contract for construction of 32 kilometers of the Lash Jaween road in Farah province will be awarded to a

US government lifts ban on Kam Air

The US government has lifted ban on Afghanistan’s first and major private airline company, Kam Air, who was accused of

Poor quality oil floods Kabul filling stations

Drivers complain low-quality fuel has flooded Kabul, despite the Afghanistan National Standards Authority (ANSA)’s promise to take measures to curb

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Your e-mail address will not be published.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.