Taliban approves first budget after Afghanistan take over

Taliban approves first budget after Afghanistan take over

The Taliban administration approved its first budget since the takeover of Afghanistan last August, the Finance Ministry said on Friday.

The budget of 53.9 billion Afghanis ($524 million) will cover the first quarter of 2022 and is almost entirely dedicated to funding government institutions, the ministry said in a statement.

The ministry wants to distribute the approved budget to all state institutions as soon as possible to prevent disruptions in the country, it added.

It said some $478 million in the budget are allocated to government institutions and $46 million are earmarked for development expenditures.

The approved budget was the first to exclude foreign aid in Afghanistan after 20 years of US occupation.

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Author: Taliban Afghanistan

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