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DATE PUBLISHED: 2015/1/28 - 06:09:11
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Parliament Approves National Budget
Parliament Approves National Budget

The Wolesi Jirga (Lower House of the Parliament) approved the national budget for the next fiscal year with majority of votes on Wednesday simultaneously suspending the budget allocated for the offices of Chief Executive Officer (CEO) Abdullah Abdullah and economic advisory.

The budget for the next Afghan fiscal year—beginning 21 March 2015 to 20 March 2016—received 132 out of 152 votes in favor.

Approving the fiscal budget, the House of Representatives suspended the budget for the CEO and economic advisory offices unless the formations of the newly-established offices are approved by the House.

Furthermore, the House rejected former President Hamid Karzai's decree to pay the salaries of his advisers for five years after the end of their tenure.

The approved 436.172 billion (AFS) national budget includes 283.486 billion for the ordinary budget and 152.686 billion for the development budget.

Initially, the House had rejected the budget for what they called "unfair and unbalanced" fund allocations.

Another reason MPs had rejected the budget was the withdrawal of 443 incomplete projects, something the MPs called a wastage of millions of dollars.

The approved budget now includes all the incomplete projects; however, no new development project has been considered for the next year.

Head of the Wolesi Jirga's Finance Commission, Amir Khan Yaar, said 135 billion of the budget would be paid from the domestic revenues, while the rest of them would be paid from foreign aids.

 

LINK: https://www.ansarpress.com/english/3278






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