logo |

News

    Home   >     Industry    >     Main body

    WikiFX Express
    Previous Post： Nigerias markets regulator publishes rules on crypto assets Next： Portugal blocks sale of Abramovich mansion, Publico newspaper says

    Talibans first annual Afghan budget foresees $501 million deficit

    WikiFX   |   1652506668000
    Abstract：By Mohammad Yunus Yawar KABUL (Reuters) – Afghanistan faces a budget deficit of 44 billion Afghanis ($501 million) this financial year, the countrys Taliban authorities said on Saturday without clarifying how the gap between expected revenues and planned spending will be met.

    　　div classBodysc17zpet90 cdBBJodivpBy Mohammad Yunus Yawarp

    　　pKABUL Reuters – Afghanistan faces a budget deficit of 44 billion Afghanis 501 million this financial year, the countrys Taliban authorities said on Saturday without clarifying how the gap between expected revenues and planned spending will be met.pdivdivdiv classBodysc17zpet90 cdBBJodiv

    　　pAnnouncing the first annual national budget since the Taliban took over the wartorn country in August last year, Deputy Prime Minister Abdul Salam Hanafi said the government foresaw spending of 231.4 billion Afghanis and domestic revenue of 186.7 billion.p

    　　p“The revenues are collections from departments related to customs, ministries and mines,” spokesman for the Finance Ministry Ahmad Wali Haqmal said. p

    　　pSince the 2001 U.S.led invasion of Afghanistan, successive Westernbacked governments relied mostly on foreign aid. In August 2021, foreign forces withdrew from Afghanistan, leading to the collapse of the government and a Taliban takeover.p

    　　pThe world is yet to officially recognise the Taliban government. The country is dealing with rising security issues and an economic meltdown, while aid agencies figure out how to help 50 million Afghans without giving the Taliban direct access to funds. p

    　　pHanafi said the budget for the current financial year, that runs to next February, had been approved by the council of ministries and confirmed by the Talibans supreme leader Haibatullah Akhunzada, and would use local funds only.p

    　　pDevelopment works would take up 27.9 billion Afghanis, he said, but did not provide a breakdown of spending on areas such as defence.p

    　　p“We have paid attention to education, technical education, and higher education and our all focus is on how to pave the way education for everyone,” Hanafi said.p

    　　pTaliban authorities are yet to allow the restarting of older girls education across the country after committing to a start date earlier this year. p

    　　p1 87.7500 afghanisp

    　　p

    　　pp Writing by Gibran Peshimam Editing by David Holmesp

    　　divdivdiv classBodysc17zpet90 cdBBJodivdivdiv

    Latest News

    Rate Calc

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  ：
    --
    Amount
    United States Dollar
    Available
    -- United States Dollar

    You may also like

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.