Ministry Of Finance Said:46% Of This Year's Budget Deficit Will Be Financed By Loans
The total sum of the 1400 fiscal year’s deficit is 37.6 billion Afs (over $448 million).
The loans from the IMF to Afghanistan to cover the national budget will have a simple repay policy, like previous loans, said the Ministry of Finance.
The loans should be invested in big, infrastructural projects, as the projects could be a revenue-generating resources to repay the loans
Reduced Electricity To Industrial Parks Raises Concerns
August 18, 2020 - 13:13The association’s director states there is less electricity, and production rates have decreased. The Afghanistan Industries ...
Iran To Export $3 Billion In Non-oil Goods To Afghanistan This Fiscal
August 20, 2020 - 14:33The Chairman of Iran-Afghanistan Chamber of Commerce, Hossein Salimi, said Tuesday his country is expecting this year’s non-oil expor...
AICC Accuses Govt Of Ignoring Trade, Investment Problems
August 25, 2020 - 12:00AICC officials see the increased security incidents as a challenge to the country’s private sector. On Monday, th...