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Budget problems stand resolved: Hakimi

Budget problems stand resolved: Hakimi

Apr 25, 2015 - 19:10

KABULinfo-icon (Pajhwok): Finance Minister Eklil Hakimi on Saturday said budget problems had been resolved after holding talks with aid-giving countries and injecting a $800 million assistance from the United States to the accounts.

Hakimi was testifying before lower house members after he was summoned to brief them on complaints from contractors regarding the release of funds to them by the International Monitory Fund (IMF) for projects last year.

Hakimi told the lawmakers that donors had made the payments to the IMF in-time and the issue had currently been resolved during talks between an Afghan delegation and IMF officials.

He said previously US assistance for most projects would be spent through the USAIDinfo-icon, but now the situation had changed and future projections for development projects would take place through the Afghan government.

He said the Worldinfo-icon Bank had pledged delivering the $800 US assistance to the treasury of Afghanistaninfo-icon in a week’s time. He informed the US would provide another $800 in aid for economic development and eradication of corruption till 2016.

he said currently the Afghanistan annual budget had no problem as a a number of donors had pledged spending their assistance through the Afghanistan budget and talks with others donors like Germany and the UK were underway in this regard.

About no payment to contractors last year, the minister said all government departments had been informed last year to prioritize their projects and so far 50 percent payments had been made and the rest would be made in coming few weeks.

Hakimi was appointed as finance minister three months earlier, when he pledged tangible reforms in the ministry by eliminating corruption and mismanagement.


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