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

Uplift projects executed in Gardez

Funded by the National Solidarity Program (NSP), ten development projects have been inaugurated in Gardez , capital city of Paktia

Kabul Bank to be privatised in June: Delawari

The country’s largest private sector that the government took over after it came to the verge of collapse two years

Food down, fuel & gold up in Kabul

Pajhwok Afghan News Weekly Price Report-Food items’ prices decreased during the outgoing week in Kabul, where the rates of gold

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Your e-mail address will not be published.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*