English | دری

Industries Ministry Awaits Allocation of $35m for Oil Imports

in Afghan Business

Industries Ministry Awaits Allocation of $35m for Oil Imports

Afghanistan’s Ministry of Finance allocated US$35 million for the country to purchase oil this year, but the Ministry of Commerce and Industries officials say they still have not received it.

Finance Minister Hazrat Omar Zakhilwal told TOLOnews that the money had been transferred by a “defined code” to the Commerce Ministry account.

The code stopped the funds from being used for other purposes, he said.

“We have allocated $35 million to the Ministry of Commerce and Industries in order to purchase oil,” he said.

However, Oil and Gas Industry officials said that they had not received the money yet.

Oil and Gas Tenure Director Farid Ahmad Shirzai said: “We want the Finance Ministry to give us the money as soon as possible so we can import the oil to our bazaars.”

It is understood that the Commerce Ministry wanted $50 million for oil imports and to compete with private sectors after the high price of oil last winter, but the Finance Ministry only paid $35 million.



Related Articles

Afghans’ Concern over Afghanistan’s Future

Asadullah Ramin has lost all his hope for his country. According to the report by Associated Press, Mr. Ramin is

Japan’s million dollar aid to Afghanistan’s agriculture sector

Finance Minister Hazrat Omar Zakhilwal signed the USD 18.5mn contract with Hiroshi Takashi, Japan’s ambassador to Afghanistan, and the Head

Increase in the revenue of Pulkhumri Municipality- Baghlan officials

Municipality officials of Pulkhumri city, center of Baghlan, reported that the revenue of the city has increased by 32% from

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Your e-mail address will not be published.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.