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Ministry of Finance (Afghanistan)

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Title: Ministry of Finance (Afghanistan)  
Author: World Heritage Encyclopedia
Language: English
Subject: Omar Zakhilwal, Mohammad Aman, Economy of Afghanistan, Pashtuns, Ghulam Jilani Popal
Collection: Finance Ministries, Government Ministries of Afghanistan
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Ministry of Finance (Afghanistan)

Ministry of Finance
Agency overview
Jurisdiction Government of Afghanistan
Headquarters Pashtoonistan Watt Kabul, Afghanistan
Minister responsible
Website http://mof.gov.af/en
This article is part of a series on the
politics and government of
Afghanistan
Foreign relations

The Ministry of Finance of Afghanistan is responsible for the implementation and execution of the

  1. ^ http://www.mof.gov.af/?p=ministry_info
  2. ^ http://mof.gov.af/en/page/3774
  3. ^ http://mof.gov.af/en/page/401
  4. ^ http://mof.gov.af/en/page/401
  5. ^ http://mof.gov.af/en/page/401
  6. ^ http://www.embassyofafghanistan.org/page/afghanistan-national-development-strategy
  7. ^ Ministry of Finance Fiscal Bulletin magazine, p. 19-20
  8. ^ Ministry of Finance Fiscal Bulletin magazine, p. 19-20
  9. ^ Ministry of Finance Fiscal Bulletin magazine, p. 19-20
  10. ^ http://mof.gov.af/en/page/401
  11. ^ http://mof.gov.af/en/page/401

References

  • The Afghanistan Ministry of Finance

External links

1. Abdullah Malikyar 1960 under King Mohammed Zahir Shah
2. Sayed Qassem Reshtia July 1964 - October 1965
3. Mohammad Aman 1969 - 1971
4. Fazal Haq Khaliqyar 1971 - 1972
5. Hedayat Arsala December 2001 - June 2002 under President Hamid Karzai
6. Ashraf Ghani June 2012 - December 2004
7. Anwar ul-Haq Ahady December 2004 - February 2009
8. Omar Zakhilwal February 2009 – Present

Ministers

The total development budget for fiscal year 1390 (2011) was Afs 74 billion - which is equal to 1.4 billion USD - and it increased to Afs 101.2 billion equal to 1.9 billion USD in 1391 [9] Whereas in 1391 the total development grants reached to 14.2 billion which increased by 49.5 percent throughout the year.[10] The Ministry of Finance tries to adjust its financial systems and financial activities according to international rules and regulations. In order to accomplish these targets, the Ministry of Finance created new units, which include staff enrollment parts, policy design, and budget execution. The main goal of Ministry of Finance is control the financial affairs of the country in order to have an economically more powerful country and make sure that public wealth is improved.[11]

International donors financially support the main portion of the Afghan governmental budget. As the Ministry of Finance is responsible for public finance and budget expenses throughout the country, it encourages international donors to provide direct budget aid in order to strengthen the position and credibility of the Ministry of Finance. According to the Afghanistan National Development Strategy the target sectors in 1390 (2011) were the security sector, the education sector and the governance sector.[6] The goal of the strategy is reduce poverty, accelerate economic growth and improve security and governance.[7] In 1391 (2012), budget AFS 18,838 million was allocated to security sector, for Education sector 5.533 million and for governance sector 2,531 million were allocated.[8]

Responsibilities

The Ministry of Finance has 12 departments and each department has certain responsibilities to lead and manage. [5] According to the requirements and needs of Afghan financial system the ministry of Finance has following structure: Ministry, Deputy Administrative, Financial Deputy, Deputy Revenue and Customs, and Deputy Policy.[4] The importance of taxes was first given a significant role under the rule of

History

Contents

  • History 1
  • Responsibilities 2
  • Ministers 3
  • External links 4
  • References 5

[2] to inform the public of advancements in Afghanistan's financial sector.quarterly report The Ministry of Finance provides a [1]

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