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Afghanistan’s 2016 budget focuses on mega development projects

Afghanistan’s 2016 draft budget has been approved by the upper house f the parliament, the Meshrano Jirga, and is currently pending for approval at the lower house, the Wolesi Jirga, where the plan is being debated by lawmakers and various

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Afghan Central Bank Chief calls for immediate approval of Anti-Money Laundering Law

Afghan Central Bank Chief, Norullah Delawari, called on the senate for the immediate approval of the Anti-Money Laundering Law. This comes as the Financial Action Task Force(FATF) meeting is held on June 22nd in Paris, where decision on Afghanistan’s blacklisting

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Declining foreign aid shrinks Afghan ministries' budgets

The Senate summoned Finance Minister Dr. Hazrat Omar Zakhilwal to confer on the government’s budget draft for next year. Minister Zakhilwal said the budget of a number of ministries would be lower in 2014 than in the past due to

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Declining foreign aid shrinks Afghan ministries’ budgets

The Senate summoned Finance Minister Dr. Hazrat Omar Zakhilwal to confer on the government’s budget draft for next year. Minister Zakhilwal said the budget of a number of ministries would be lower in 2014 than in the past due to

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Afghan Senators approve next year’s budget

The Meshrano Jerga or the Senate has given their approval for next year’s budget beginning on December 21. The government has proposed 170bn AFN for the development budget and 196 AFN for the general budget. The budget received criticism from

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USD 3.2bn allocated for development projects in the next budget

The draft for development budget was presented on Monday to the Meshrano Jirga, which inquired the three ministries about their plans for the next year. In the new budget, USD 148mn has been allocated to the Ministry of Agriculture, USD

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Afghan budget for next year presented to the Senate

The draft for next year’s budget, with a total outlay of 366.2bn AFN, was submitted to the Senate for debate on Tuesday. According to the Constitution, the state budget and development plan of the government are submitted through the Meshrano

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