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IEA changes its fiscal from Gregorian calendar to Hijri Shamsi
The Islamic Emirate of Afghanistan (IEA) cabinet led by Mullah Mohammed Hasan Akhund, the prime minister of the caretaker government, on Monday approved a plan to change the start of the fiscal year from the West’s Gregorian calendar to the Hijri Shamsi, or Persian calendar.
Based on the cabinet decision the new fiscal year will start at the beginning of the new solar year, in March.
Under the previous government, the fiscal year started in January and ended in December. Now however, Afghanistan’s fiscal will start on 21 March each year.
The IEA said in a statement that they have approved the allocation of additional funding for the budget to make up the difference this year but that the new fiscal will commence on March 21.
“For the first time in the last [two] decades Afghanistan’s budget is made up without foreign aid,” read the statement.
In addition to the decision to change the fiscal year, the IEA cabinet also moved Monday to ban the importation of low-quality fuel, gas, chemical fertilizers and other materials.
The IEA warned that legal action would be taken against those who break the rules.
The cabinet also tasked a delegation to visit land ports and assess the quality of fuel and raw materials being imported into the country.
The Ministry of Mines and Petroleum of Afghanistan has signed a 30-year agreement with a private company to extract marble in Daikundi province.
Under the contract, the company will invest AFN 283 million in exploring and mining marble at the “Mesh-Uliya” site, spanning 16.74 square kilometers in central Daikundi.
Hedayatullah Badri, Minister of Mines and Petroleum, stated that the marble will be processed domestically before being exported abroad. He added that the Mesh-Uliya project is expected to create around 200 jobs, and the company is committed to supporting local communities through social initiatives.
Economic experts highlight that such investments, especially those focusing on domestic processing, are crucial for job creation, boosting exports, and strengthening the national economy. Analysts further note that the project will improve local infrastructure, expand social services, and enhance the economic and social well-being of Daikundi residents.
Since the return of the Islamic Emirate to power, efforts to develop Afghanistan’s mining sector have intensified, with multiple contracts signed in areas including cement, copper, iron, and lapis lazuli, involving both domestic and international companies.
A passenger bus veered off the Salang Highway before dawn on Sunday, leaving five people dead and 44 others injured, the Ministry of Public Works said.
According to the ministry, the incident occurred at around 2:00 a.m. in the Shawol area of North Salang when a passenger bus deviated from the main road due to the driver’s negligence.
Mohammad Ashraf Haqshenas, spokesperson for the Ministry of Public Works, said five passengers were killed and 44 others sustained injuries. He added that personnel from the Salang Maintenance and Protection Directorate promptly arrived at the scene and transferred the injured to the Khunjān clinic for medical treatment.
The Ministry of Public Works has urged drivers and passengers traveling on the Salang Highway to strictly follow the instructions of on-duty teams, observe traffic regulations, and carry warm clothing, food supplies, and snow chains to prevent similar incidents.
The ministry also noted that heavy snowfall and stormy weather have led to the temporary closure of the highway, while road maintenance teams are continuing snow-clearing operations.
Latest News
Major fire in Mandawi Kabul market contained, extensive losses prevented
Local shopkeepers said the fire broke out around 4 a.m.
The Ministry of Interior reported that personnel from the General Directorate of Firefighting and Emergency Response successfully prevented the further spread of a fire at Mandawi market on Kabul early Sunday morning.
Abdul Mateen Qani, spokesperson for the ministry, said that the fire destroyed 10 storage facilities and 8 shops. He added that initial losses are estimated at around $700,000, but timely action by firefighting personnel saved property worth approximately $2.2 million.
Qani explained that the fire was caused by an electrical short circuit. He praised the rapid and effective containment operations, which prevented more extensive damage.
Local shopkeepers said the fire broke out around 4 a.m.
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