Budget of 1396 Fiscal Year Finalized: Hakimi

Officials in Ministry of Finance have stated that the budget for the fiscal year of 1396 has been finalized and soon it will be sent to National assembly of Afghanistan for further approval, saying considering the high level of financial aids of the International community given to Afghanistan at Brussels summit no financial issues would occur incoming year.

Meanwhile Minister of Finance expressed his concerns over poor management and not consuming the budget allocated for the year of 1395.

Minister of Finance Iklil Hakimi who was invited by the upper house members to provide more details over receiving the International community financial aids for Afghanistan said,” Draft budget for the 1396 fiscal year has been finalized, and soon it will be sent to Afghanistan National Assembly for further approval, our demand from the International community was to dump all the financial aids to Afghanistan accounts where most of the our desire was granted.”

Minister of Finance Iklil Hakimi has expressed his concerns over the Ministries who failed to consume the budget of 1395, necessary measurements will be adopted about the Ministries.

“Details of not spending the budget for fiscal year of 1395 should be discussed, President with the consultation of the National Assembly of Afghanistan will decide about those Ministers who have failed to consume the allocated budget Minister of Finance told to senators.”

We have few months to end the year of 1395 and begin the fiscal year of 1396 but most of the Ministries have spent their allocated development projects less than 40 percent, this has created a new barrier for reaching the promotion and development in the country.

Reported by Rafi Sediqee