Business
Ministry of Education Expected to Spend 60 Percent of Budget
Afghan leaders had committed to the World community to have its Ministers spend 60 percent of their budget before Brussels summit but during 8 months officials in Ministry of Education has been capable to spend only 15,5 percent of the budget.
Officials in Ministry of Education has told no word about the consumption of the their budget, but experts have believed that having poor management system caused the spending process to be either slow or even stop on the spot.
Ariana News correspondent has repeatedly tried to get hold of the officials in Ministry of Education but none responded.
Meanwhile experts stated that no clear planning and poor management caused the consumption process to be slow.
Expert Hassibullah Esmati said,” There is no solid management in place, we do experience more problems in education system in the country, they have still time ahead before Brussels summit to spend some of their budget.”
“ Donors do not directly authorized the following Ministry officials to access the money and spend it, it could be one of the factors that the budget wasn’t spend on its right time economy expert Azarakhsh said,”
The budget for Ministry of education was allocated $244,27 million dollars for the year of 2016 (1395) the estimation indicates that only $37,9 million dollars was spent.
Reported by Ali Asghari
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
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