5 Year Financial Management Draft Policy Made: Presidential Palace

(Last Updated On: August 6, 2016)

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Officials in Afghanistan Presidential palace have made the 5 year draft policy on financial management, saying the following policy will avoid wasting the budget and taxation, and it will be also shared with the World donors in Brussels summit on October 2016.

President Mohammad Ashraf Ghani said,” Reformation within the Governmental departments is a must, and every single manager is responsible for implementing the following policy in their working scopes, providing services and consumption routes should managed, the following process to get rid of any corruption and meet the World requirement began two years ago.”

Meanwhile officials in Ministry of Finance have stated that practical steps have been taken to avoid wasting money within the Governmental departments.

He further mentioned that Afghan Government is trying to in place one sophisticated system to be accountable for all consumption of the Governmental department as transparent.

“Efforts are underway to avoid wasting money, there should be an accountable system, and the World community aids should move the Afghanistan economy forward President Mohammad Ashraf Ghani said,”

Officials in Ministry of Finance have stated that having the following policy will enable Afghan officials to spend their funds in the right direction.

“There are two objectives, in the first step the following policy will direct every single consumer to spend their fund in proper way, and also it will also forecast the economic growth of Afghanistan incoming years Minister of Finance Iklil Hakimi said,”

Governmental officials have insisted that after the implementation of the following 5 year policy on financial management the Afghanistan treasury will be managed by one system.

Reported by Rafi Sediqee

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