Lower House Approves New Fiscal Year’s Budget

Afghan Lawmakers at the Lower House of Parliament on Wednesday approved the new fiscal year’s (1399 solar year) budget.

Of the total amount of the budget or 428 billion AFN, some 289 billion AFN will be allocated for ordinary budget, while 139 billion AFN for development budget.

Based on the 1399 budget plan, of the 139 billion development budgets, 64 billion of them are optional and the other 75 billion are none-optional.

In the meantime, the Ministry of Finance, praised MPs for approving the budget and emphasized that the ministry is working in partnership with budgetary units to significantly increase development spending by taking into effectiveness, efficiency and development priorities.

22 / January 2020
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