15 November 2018

RSS Facebook

Ads

Economic

Monday, February 06, 2012
Kabul (BNA) Finance Minister presented the draft of the 1391 national budget covering 224 billion Afghanis. 
Chaired by Mohammad Alam Eizedyar first secretary of the senate, Dr. Mohammad Karim Baaz deputy minister of state for parliamentary affairs said at the meeting that the budget of 1391 in accordance with the article 98 of constitution has been prepared with the proposal of the budgetary organs in accordance with the financial requirements of the country and has attained the approval of the council of ministers and its details will be explained today by the finance minister. 
The budget after evaluation and studies at the related commissions of the senate along with advisory views will be presented to the House of people. 
Finance Minister Dr. Omar Zakhailwal described the national budget of Afghanistan for the year 1391 at Afs. 224.5 billion Covering both the ordinary and development budget for the nine months of the year beginning from (First of Hamal 1391 to the end of Qaus 1391). 
He said that the national budget as an economic development plan is aligned realistically with the policy of the government in ordinary and development sectors considering the economic needs of the country. 
He attributed the reason for increase in the ordinary budget due to  increase in the number of national army and national police, education, retirement pension, and implementation of the rank salaries and some other instances and added that the total ordinary budget for the year 1391 is Afs. 134 billion and compared to the 1390 it shows around 14% increase. 
In the draft budget for 1391 the development budget covers Afs. 110.2 billion showing almost 40% increase compared to the budget of 1390. 
According Zakhailwal of Afs. 134 billion ordinary budgets around 77.3 billion will be financed through domestic income. 
Though he touched in his assertions of some economic developments in financial, economic and social spheres in the country, financial budget of senate, some budgetary departments, the development budget of 1390 was implemented up to 8 to 10% and the most successful budgetary organs have executed its budget up to 50% and that is the main reason for development in the country. 
The senate considering the provision of article 98 of the constitution referred the national budget for evaluation to the national economy, financial and budget and other commissions and along with their viewpoints the draft is presented to the general session of the senate.

Friday, February 03, 2012

Kabul (BNA) the construction work of 40 utility projects was started in Helmand yesterday.  According to local in charges, these projects consist of development of villages, construction and promotion of public foundations, agricultural and education and irrigation programs.  The development programs of districts allocated nine million dollar for implementation of these projects.  In the in inaugural signing of this contract,  Gulab Mangal , governor of Helmand  said that implementation of these projects is useful for development of villages in that province.  Governor of Helmand said to BNA, they will attention capacity situation in work of these projects.  In signing ceremony of this agreement, in charge of PRT in Helmand declared that they will continue their assistance in construction projects in that province.

Wednesday, February 01, 2012
Ghazni (BNAS) The US ambassador to Afghanistan announced to complete several projects worth $30 million in southern Ghazni province this year. 
Addressing at a joint news conference with Governor Musa Khan Akbarzada in Ghazni city, Ambassador Ryan C. Crocker said the US would contribute in the eras of health, education, training, agriculture and other projects in the province. 
A meeting of culture ministers from the Islamic countries selected Ghazni city as the Asian capital of the Islamic civilization for the year 2013 and vowed to support the province in 2013 celebration. 
Crocker said that both Afghanistan and the US were working on a strategic cooperation agreement, and pledged that the Americans would not leave the country alone and continue supporting beyond 2014, when all foreign forces are scheduled to withdraw from the country. 
“The peace process is under way and Taliban now that they have an exclusive address, it is for the Taliban to decide whether to negotiate peace or continue to fight,” the ambassador said. 
Governor Akbarzada welcomed the aid promise held out by the ambassador and said dozens of developmental projects would be launched immediately after the winter. 
He asked foreign aid agencies and the central government to give the province $ 20 million (987.4 million Afs) next year. 
Several multimillion dollar projects have already been executed by the US and the Polish provincial reconstruction Team (PRT) in the province. 
Former senator Maulana Abdur Rahman Hakimi also welcomed the US assistance and said the province had been neglected over the past decade and needed more attention.

Wednesday, February 01, 2012
Kabul (BNA) Chaired by second vice president, Mohammad Karim Khalili, the economic committee for the council of ministers held meeting discussing support for the domestic industries draft presented by the ministry of commerce and industries. 
According to the draft offered by the ministry of commerce and services of the domestic industries in order to improve the life those society individuals living under poverty line. 
Within the policy, industries such as carpet, Kashmira, processing agriculture materials, precious stones, granite and constructional materials are further paid attention and supporting the domestic industries would help strengthen other industries such as tourism, transport, textile, light industries and transit in the country. 
The members of the committee had also offered some of their viewpoints about the type of effect on draft on the export increase, replacement of imports, creation of employment, and creation of domestic industries supporting banks and easing financial regulations. 
The committee also discussed some other key issues among them increase in import of ill livestock from beyond the country for butchery asking for prevention of importing such cattle and outflow of the country’s capital from the country. 
Different other related subjects had also been discussed among the committee members obliging the related organs among them Kabul municipality, finance ministry to finalize the draft on the review of the presentations about the protection and preservation of the government offices, kindergartens, schools and green areas.