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Millions of afghanis set aside for DAB teams

Millions of afghanis set aside for DAB teams

Jul 02, 2019 - 11:45

KABULinfo-icon (Pajhwok): Da Afghanistaninfo-icon Bank (DAB) has allocated 4.2 million afghanis for its two teams in the budget for the current year, as more than 50 percent of the Afghan population lives below the poverty line.

DAB documents, whose copies have been received by Pajhwok Afghan News, indicate the bank’s budget includes 23.8 billion revenue and more than 5.8 billion afs expenses.

As part of a proposal from Mohammad Younis Sadat, financial officer of the bank, the budget was sent to the Supreme Council of the bank before its approval by the board directors.

A table of the budget shows that four million afs was set aside in 1397 and more than 4.2 million in 1398 for the football and cricket teams of DAB.

On the other hand, 250,000 afghanis has been allocated for a kindergarten of DAB in the ongoing year.

A credible source told Pajhwok the budget was spent on purchasing equipment such as jerseys, balls, rent of grounds, salaries of coaches and food for players.

The source revealed Mohammad Younis Sadat was also in charge of sportsinfo-icon teams. He claimed Sadat himself had prepared the budget for sportinfo-icon teams and spent it in violation of procurement principles.

“Most of Afghanistan’s citizens cannot afford two square meals but DAB spends 4.2 million afghanis on entertainment. Why? Is this bank a private property of Khalil Sediq?,” he asked.

Khalil Sidiqi, the central bank governor, resigned his post on June 17 on medical grounds. His resignation has been approved but based on constitutional provisions, he should work until July 16.

He said the issue should have been discussed with the second deputy head of the bank, Mohammad Qasim Rahimi, but he was on a foreign trip.

Pajhwok contacted Younis Sadat and shared the issue with him. He said that all questions should be sent to him via email and he or his spokesman would answer them.

After Pajhwok emailed the questions to him, Sadat said he would provide details next Sunday.

The allocation of four million afghanis for the bank’s teams comes as 54 percent of Afghanistan’s population is living below the poverty line.

Last year, President Ashraf Ghani called the situation shameful and said: “When poverty hits more than 50 percent of Afghans, how societyinfo-icon will achieve stability? Poverty is the enemy of prosperity.”

Based on surveys, those who earn less than 100 afghanis on a daily basis are below the poverty line.

Syed Massoud, a professor at Kabul University’s Economics Faculty, said banks were responsible for spending part of their revenue on the social sector.

But in an impoverished country like Afghanistan, he believed, spending money on sports did not suit the central bank.

A person willfully consuming the budget violated the law and misused his authority, the professor remarked, stressing interrogation for investigating such individuals.

Prof. Massoud added DAB capital belonged to all citizens and unfair spending of it actually harmed the people.

Not only the central bank but all government departments should avoid spending money unfairly the teacher said. They should use funds for the insurance of teachers, distribution of coupons and other important requirements.

Gulalai Alamyar, a teacher at Khwaja Rawash School in Kabul, said allocating more than four million afghanis to sportspeople was unfair.

She asked the government to increase salaries of teachers, who found it hard to meet their basic needs.

She receives 13,000 afghanis a month as a fourth grade teacher. Even low-ranking teachers get 7,000 afghanis on a monthly basis.

According to her, there is a shortage of teachers in the country, and the government can employ about 50 teachers each year by utilizing four million afghanis.

Gulalai called on the government to prevent such spending as did not benefit the masses.

The Ministry of Educationinfo-icon, says 3.7 million children are not going to school. Poverty, lack of teachers and insecurity are the main reasons for children’s deprivation of education.



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