English | دری

Afghan Senators approve next year’s budget

in Afghan Business

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 a number of senators for its failure to earmark funds to the less developed provinces.

Finance Minister Omar Zakhilwal said the budget was essentially based on the current available resource and development priorities.

The security sector has been allocated 39.6 percent of the budget, with government departments and natural resources getting 15.6 percent of the total outlay. Similarly, 15.1 percent of the proposed funds will go to the education sector and 6.9 percent to agriculture and rural development.

According to the draft budget, 3.8 percent will be spent on public health, 4.2 percent on good governance and rule of law, 2.8 percent on the economy and 1 percent on social security. The presidential discretionary fund has been projected at 8.3 percent.



Related Articles

$30m road projects being executed in Jawzjan

The Public Works Ministry will execute road projects worth $30 million (1.5 billion afs) this year in northern Jawzjan province,

Afghan traders are still asked for illegal money at Torkham port

Afghan truckers and traders have complained that they were still asked to pay illegal money under various pretexts at the

Kabul and Balkh Universities Offer a New Bachelor of Communications Degree

Kabul and Balkh Universities introduced Bachelor of Communications Degree programs in their faculties of Journalism and Communications.  Both universities worked

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Your e-mail address will not be published.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*