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Presentation of the FY -1398 National Budget to the Meshrano Jirga

Afghan Voice Agency(AVA) , 11 Nov 2018 - 17:14

H.E. Dr. Mohammad Humayon Qayoumi, Acting Minister of Finance and Chief Advisor on Infrastructure to H.E. the President, along with Dr. Mohammad Karim Baz, Deputy Minister for Parliamentary Affairs participated in Meshrano Jirga General Meeting where they presented the FY-1398 National Budget to the respected senators according to article 98 of Afghanistan Constitution.


Acting Minister of Finance provided precise information to the members of Meshrano Jirga about collection of domestic revenue in accordance with financial plan and its increment by 30% comparing to FY-1393 and successful Review of Government's financial and economic reforms by IM.
Additionally, he gave information to the senators about, improvement in national budget use indicators, cooperation in the area of regional transit and economic, development of private sector, agriculture, transport and energy as well as FY-1398 National Budget Draft.
In the meeting, Minister Qayoumi assured them that their comments on the national budget would be considered in accordance with the laws of the country and available facilities. He asked them to confirm the national budget for implementation of development budget on scheduled time and government working process as soon as possible to be submitted to Wolesi Jirga for approval.

The total amount of the national budget for FY-1398 is 399 billion AFs, 275 billion AFs of which is the ordinary budget and 124billion AFs is the development budget.
Most of the development budget is allocated for five sectors respectively 52 billion AFS for Infrastructure, 23 billion AFs for agriculture and rural development, 13 billion AFs health, 8.8 billion AFs governance and 6.8 billion AFS for education.
It is worth mentioning that, the FY-1398 national budget is prepared in accordance with realities, available resources and government priorities.  In FY-1398 national budget, the focus is on development budget that is 12% higher comparing to FY-1397 national budget.  However, there has been a saving in ordinary budget. 
 


Story Code: 173856

News Link :
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