Connect with us

Latest News

7 % increase in revenue collection projected for new financial year

Published

on

Last Updated on: October 25, 2022

AWAIAD   _15_05_2015_DARI_SOT.avi_snapshot_00.38_[2015.05.15_16.56.01]

With Afghanistan’s national revenue generating lagging, Afghanistan is continuing to rely on foreign donors for the years to come. During last year’s presidential elections, the country astute financial challenge as it had huge budget deficit at a difficult juncture of time.

The ministry of finance (MoF) says to collect 38 billion Afghanis revenue since the beginning of the financial year.

According to officials in the ministry of finance, the figure shows seven percent increase compared to the same period in the last year.

Spokesman of the finance ministry, Abdul Qadir Jilani said that a computerized system of taxation is currently activates to prevent corruption in the customs and traders can pay their taxes through internet.

“The activation of computerized system, hiring professionals staffs are the priorities of the new leadership,” Jilani said.

The aim for the current financial year has been anticipated 120.4 billion Afghanis.

According to officials in the ministry of finance, now foreign investors are eager to invest in mining and construction sectors.

A sharp fall in international funding will create enormous challenges for the government of Afghanistan. This is a real scenario particularly if Afghanistan fails to development viable sources of national income in the coming years.

The economy of Afghanistan has improved significantly since 2002 due to the infusion of billions of dollars in international assistance and investments, as well as remittances from Afghan experts.

Afghanistan’s relation with its major financial allies is key for the future financial and economic stability.

As part of the Kabul-Washington bilateral strategic agreement, the US has committed to continue supporting Afghanistan’s security sector and its development for the next decade.

However, the relations between Kabul and Washington has seen ups and downs during recent years of former president Hamid Karzai’s ruling as he refused to sign a security agreement with the US.

It risked a robust relationship between the two countries which is vital for survival of Afghanistan against the hardheaded insurgency. In addition to seeking investments from regional countries, Afghanistan needs to develop robust relations with its key international backers such as the United States and the European Union.

 

 

Advertisement

Latest News

Around 15,000 cases of vulnerable Afghan children addressed over past year

Published

on

The Directorate of Child Protection at the Ministry of Labor and Social Affairs announced on Saturday that in the solar year 1404, through the implementation of extensive support programs and the handling of thousands of protective cases, it has achieved significant accomplishments in securing rights, raising awareness, and improving the situation of children across Afghanistan.

According to the directorate, the registered cases have been organized into 23 different categories, allowing for targeted and specialized handling of each type of case. In the area of awareness-raising, extensive programs have also been implemented to improve the general knowledge of children and their families, resulting in 404,207 children and family members being informed about child rights, explosive hazards, environmental protection, and other important topics.

To strengthen local structures and accelerate case management, the Directorate of Child Protection, within the framework of its 1404 work plan, established 20 new committees at the district level in provincial centers. These committees play a key role in coordinating between government offices, rapidly identifying cases, and providing support services. Currently, child protection committees are active in 204 districts and regularly review and resolve children’s issues.

Continue Reading

Latest News

Severe rainfall and natural disasters cause heavy casualties across Afghanistan

At least 61 people have been confirmed dead, with 116 others injured. Four individuals remain unaccounted for as search and rescue operations are underway.

Published

on

The Spokesperson for the Islamic Emirate of Afghanistan, Zabihullah Mujahid, has confirmed widespread devastation across the country following a series of natural disasters and heavy rainfall. The toll continues to rise as authorities assess the damage.

At least 61 people have been confirmed dead, with 116 others injured. Four individuals remain unaccounted for as search and rescue operations are underway. The disaster has also led to the destruction of 2,448 homes, leaving thousands displaced, while 26,841 acres of agricultural land have been severely damaged. In addition, the storm claimed the lives of 1,045 livestock animals, further exacerbating the already dire situation for rural communities.

In a statement, Mujahid emphasized the ongoing relief efforts. The Islamic Emirate is mobilizing all available resources to assist the hardest-hit regions and ensure the swift recovery of affected communities. The focus remains on providing immediate aid, including shelter, medical supplies, and food, while also beginning the long-term process of reconstruction and recovery.

Authorities have urged citizens in vulnerable areas to remain vigilant as more rain is forecast, adding to the urgency of the ongoing relief operations.

Continue Reading

Latest News

Afghan citizens reported among casualties in US, Israeli attacks, Iran says

As of now, authorities of the Islamic Emirate of Afghanistan have not issued an official response to the claims.

Published

on

Iran’s Embassy in Kabul, citing Foreign Ministry spokesperson Esmaeil Baghaei, has stated that a number of Afghan citizens were killed or injured during what Tehran described as a 35-day military campaign carried out by the United States and Israel.

According to the statement, the Afghan nationals were living in Iran at the time of the attacks. Baghaei referred to them as “honored guests” of the country, adding that some lost their lives while others sustained injuries during the reported strikes.

He did not provide specific figures regarding the number of Afghan casualties or further details about the incidents.

As of now, authorities of the Islamic Emirate of Afghanistan have not issued an official response to the claims.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!