Kabul-Afghanistan (PMG):

Reporter: Lotfollah Nijrabi

Officials of the Ministry of Finance of the country have announced that more than 189 billion Afghanis will be deposited with the state treasury in the fiscal year 2019.

Zahid Hamdard, Deputy Finance of the Ministry of Finance, said: Non-financial revenues for ministries and government agencies in FY 1397 were set at around AFG 35 billion, but by the end of the fiscal year 2019, 46 billion AFG had been earned, with AFN 11 billion higher than the target.

Mr. Hamdard added: In addition to significant advances in increasing revenues and the level of national budget expenditures, the Ministry of Finance’s operational and operational processes are as simplistic as possible. As the Ministry of Finance managed to spend more than 95% of its development budget by the end of the financial year 2019.

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