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Ministries Only Spent 17% Budget in 5 Months of Fiscal Year:MoF

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(Last Updated On: October 25, 2022)

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Minister of Finance Aklil Hakimi demanding more details over disability of the Ministers who couldn’t spend much of their development budget since five months passed from the fiscal year of 2015.

He expressed his deep concerns over the issue, asking the following Ministries to provide details on the aspect.

This has been a great challenge within the Governmental departments of Afghanistan in the past 13 years that none of the Ministers could have been capable to spend their allocated budgets in both development and common.

“We are in the 5th months of the current fiscal year but unfortunately the development projects within the Governmental Ministries were spent only 17% this indicates that there are some challenges and obstacles ahead,issues should be addressed so that necessary measurements to be adopted said Minister of Finance Eklil Hakimi.”

However Ministry of Finance by the close cooperation of lower house of the parliament have launched a joint session over providing much information of the spending budgets and the over left of money allocated for the different projects in order to seek challenges and obstacles which stops Ministers spending their budgets.

Head of the Treasures in Ministry of Finance Mohammad Aqa Khohistani said,” in coming up summit all the chiefs are invited to pursue a regular program for spending budgets within those Ministries receiving allocated budgets, in order remove the existed challenges, the professional evaluation team from Ministry of Finance will visit each Ministry to help and assist the process.”

Afghanistan both budgets development and common has been estimated 458,8 billion Afghani where 275 billion Afghani goes to common budget, and 183 billion Afghani goes to development budget, we wait and see how much the Ministries and Governmental sectors are capable to spend their budgets in the last months of the fiscal year.

Reported by Rafi Sediqee

 

 

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Afghanistan’s problems caused more damage to Pakistan than 3 wars with India: Durrani

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(Last Updated On: April 25, 2024)

Islamabad’s special envoy for Afghanistan Asif Durrani said on Wednesday that Pakistan has suffered more due to Afghanistan’s internal situation than Pakistan has suffered in three wars with India in terms of blood spilt and finances drained.

Durrani said at a one-day International Conference titled “Pakistan in the Emerging Geopolitical Landscape”, which was organized by the Institute of Strategic Studies Islamabad (ISSI) and the German Friedrich Ebert Stiftung (FES), that over 80,000 Pakistanis died in the two decades of the War on Terror and that his country was still counting its dead and injured.

“After the withdrawal of NATO forces, it was hoped that peace in Afghanistan would bring peace to the region. However, such expectations were short-lived,” he said.

He also stated that attacks by the Tehreek-e-Taliban Pakistan (TTP) militant group on Pakistan’s border areas increased by 65 percent, while suicide attacks increased by 500 percent.

“The TTP’s enhanced attacks on Pakistan while using Afghan soil have been a serious concern for Pakistan. Another worrying aspect is the participation of Afghan nationals in these attacks,” he said.

Durrani also said Pakistan had suffered geopolitically since the Soviet Union invaded the neighboring country.

“The post-9/11 world order has negatively impacted Pakistan. Apart from losing 80,000 citizens’ lives, including 8,000 law enforcement agency personnel, the country’s economic opportunity cost is estimated at $150 billion,” Durrani said.

Talking about the future outlook for Pakistan in the regional context, Durrani said that while “our eastern neighbor is likely to continue with its anti-Pakistan pursuits, the western border poses an avoidable irritant in the short to medium term.”

However, he said Pakistan can overcome its difficulties with Afghanistan, including the TTP challenge.

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Afghanistan now a ‘nexus for diplomatic endeavors’, says IEA

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(Last Updated On: April 25, 2024)

In the wake of dozens of meetings between high-ranking Islamic Emirate officials and visiting officials from foreign countries, and other diplomatic advances, the IEA said on Thursday that in the current geopolitical landscape, Kabul now “serves as a nexus for diplomatic endeavors and political deliberations pertaining to global affairs”.

In a series of posts on X, the IEA’s spokesman Zabihullah Mujahid said diplomatic missions and political delegations from various nations, including Russia, Malaysia, Kazakhstan, Turkmenistan, the European Union, and others, “are evident in the capital, highlighting its strategic importance in fostering Islamic cooperation”.

He said: “Recently, the honorable Minister of Transport of the Islamic Emirate, Mr. Hamidullah Akhundzada, led a significant delegation to Termez, Uzbekistan, for essential discussions aimed at enhancing bilateral relations.

“These discussions encompass a wide range of topics, from trade facilitation to security assurances, indicating a focused effort by the Islamic Emirate to strengthen and broaden its international engagements, thereby ensuring sustained development and stability.

“These initiatives, characterized by diligence and effectiveness, underscore Afghanistan’s enduring commitment to diplomatic engagement and its pivotal role in regional and global affairs,” he said.

Mujahid added that these initiatives “also emphasize the vital connection between diplomatic efforts and economic prosperity, promising favorable outcomes for Afghanistan’s socio-economic landscape.”

He pointed out that despite ongoing challenges, Afghanistan “remains steadfast in its pursuit of prosperity and resilience, defying pessimistic projections and charting a course towards political and economic renewal.”

He said: “Continued efforts are essential to fostering inclusive growth and impactful initiatives, thus advancing Afghanistan’s journey towards sustainable development and increased influence on the global stage.”

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Mullah Baradar discusses creation of railway with Kazakh deputy PM

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(Last Updated On: April 25, 2024)

Mullah Abdul Ghani Baradar, deputy prime minister for economic affairs has met with Erik Zhumangarin, the Deputy Prime Minister of Kazakhstan, and discussed the establishment of a railway network from Kazakhstan to Pakistan through Turkmenistan and Afghanistan, the deputy PM’s office said in a statement.

During the meeting, Baradar emphasized the need to sign agreements to solve the banking problems of traders from both countries, the creation of Afghan-Kazakh joint companies, and the facilitation of visas for Afghan traders.

According to the statement, the Deputy Prime Minister of Kazakhstan said that the Kazakh government intends to establish a joint chamber of industry and commerce and a joint trade and labor group between the two countries, and is ready to cooperate with Afghanistan in the sectors of e-governance, industry, higher education, education, health, and banking.

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