English | دری

Afghanistan’s 2017 budget ranked 2nd most transparent in the region

in Afghan Business

Afghanistan’s 2017 budget ranked 2nd most transparent in the region

Afghanistan’s 2017 budget received a score of 49 out of 100 in the Open Budget Index survey, making it the second most transparent in the region.

The Open Budget Index survey assesses the availability of eight key budget documents in each of the 115 countries evaluated, and considers the comprehensiveness of data in these documents. It also examines the extent of effective oversight provided by legislatures, the independent fiscal institutions and the supreme audit institutions, and the opportunities available to the public to participate in national budget processes.

Addressing a panel of international finance ministers at the World Bank headquarters in Washington, D.C. , Afghan Finance Minister Eklil Hakimi said the fiscal and anti-corruption reforms that have taken place over the past three years, which have allowed for increased transparency and accountability within the government.

He added that President Ghani’s initiative, the National Procurement Authority, makes the procurement process fully transparent and makes all contracts available to public online.

He also regarded the Afghanistan National Strategy for Anti-Corruption as being a key factor in bringing reforms and taking measures for engaging citizens.

Speaking about the 2018 national budget, Hakimi said it is Afghanistan’s “first-ever fully transparent national budget” that following international standards.

Deputy Minister of Finance Khalid Payenda said the government actively engaged with the civil society and the public to formulate the national budget.



Related Articles

Kabul to host first IT expo next week

The first-ever Information Technology (IT) expo will be held in capital Kabul from 13-16 June. The exhibition is organized by

Firewood prices soaring in Kabul

(Pajhwok Afghan News Weekly Price Report) Prices of liquefied gas and firewood jumped and gold rates fell during the outgoing

Pakistan offers scholarships for Afghan students

Pakistan’s government has offered scholarships for Afghan students in various fields including medicine, engineering, law, economics, pharmacy and computer science.

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Your e-mail address will not be published.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.