Breaking News
Afghanistan Signs Agreement with Iran To Buy 350000 Tons of Oil and Gas
...
Afghanistan To Export Coal At $350 Per Ton
...
More Than 10,000 Tons Of Afghan Coal Exported To Pakistan Every Day
...
Increase in Cotton Production in Afghanistan
...
‘Afghan Invest’ Company Inaugurated In Kabul
...
Russia Lifts Customs Tariffs On Afghan Exports
...
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
VIP saloon opened in Kabul Airport
The Ministry of Foreign Affairs said a new VIP saloon opened at the Kabul Airport with a cost of USD
Nangarhar’s revenue up by 15%
Nangarhar revenue department has recorded a total revenue of 13.3bn in 2015 financial year (between 22 December 2014 to 21
No budget for Khost water department in a decade
No development budget has so far been allocated for the Khost Department of Water Management by the Ministry of Water