Business
Cabinet approves draft national budget for fiscal year 1400
Afghanistan’s Cabinet this week approved the draft national budget for the next fiscal year, the Presidential Palace confirmed Thursday.
At the same meeting, Cabinet also approved adjustments to the Public Finance and Expenditure Management Regulation, a draft plan of hydrocarbons regulation, draft statute of Da Afghanistan Breshna Sherkat (the Afghan power company), and draft law on cadastre.
In most countries, legal systems have developed around original administrative systems and use cadastre to define the dimensions and location of land parcels in legal documents.
The cabinet also approved a request by the Ministry of Economy to approve a $3.4 million dollar aid package from USAID to fight coronavirus.
In addition, Cabinet approved a request by the ministries of finance and higher education to transfer $1.5 million, not spent by the counter-narcotics unit, to help fund construction of the Helmand University.