Business
IEA cabinet passes budget for new solar year
The Administrative Office of the Islamic Emirate of Afghanistan (IEA) has announced that the cabinet approved the draft budget for the new 1402 solar year, which starts later this month.
According to a statement issued by the IEA, the approved budget has been sent to the ministry of finance.
The budget was approved during Tuesday’s meeting which was also attended by the deputy prime minister.
The IEA has not yet revealed the final budget but the ministry of finance said a development budget has been included for the new fiscal year.
“After the approval of the budget by the leadership of the ministry, it (amounts) will be shared with the media,” said Ahmad Wali Haqmal, the spokesperson of the Islamic Emirate’s Finance Ministry.
Last year’s budget was 231 billion Afghanis, of which 203 billion afghanis was allocated for ordinary expenses, and 27.9 billion for development projects.