World

Afghan caretaker gov't approves new fiscal year budget

Jun 04, 2023

Kabul [Afghanistan], June 4:After a delay for more than two months, the Afghan caretaker government has approved the national budget for the fiscal year 1402 on the Persian calendar starting March 21, government spokesman ZabihullahMujahid said on Saturday.
The budget was delayed because the work on the formation process was ongoing and had to be finalized before the budget could be approved, Mujahid said.
The spokesman did not provide details about the exact amount of the budget, but said it will come into effect soon.
The caretaker government set the last fiscal year's budget at 231.4 billion Afghanis (26.9 billion U.S. dollars).
Source: Xinhua

More news

Nava Limited Registers Highest Revenue and Profit at Consolidated Level for FY24

Hyderabad (Telangana) [India], May 17: NAVA Limited, a leading multinational conglomerate has announced impressive financial results for the fourth quarter and for fiscal year 2024. The company showcased an improved financial performance at standalone level during the quarter, marked by total debt repayment at Maamba Collieries Limited (MCL), its step-down subsidiary. The company has recorded highest ever Annual Earnings Per Share (EPS) of Rs 65.04/-.

May 17, 2024