Ministry of Finance (Afghanistan) explained

Agency Name:Ministry of Finance
Nativename: وزارت مالیه افغانستان
Pushto; Pashto: د افغانستان د مالیې وزارت
Jurisdiction:Government of Afghanistan
Headquarters:Kabul, Afghanistan
Coordinates:34.5201°N 69.1807°W
Minister1 Name:Nasir Akhund
Chief1 Name:Ahmad Wali Haqmal
Chief1 Position:spokesman[1]

The Ministry of Finance of Afghanistan (وزارت مالیه افغانستان , Pushto; Pashto: د افغانستان د مالیې وزارت) is responsible for the implementation and execution of the budget, collection of taxes, organization, and control of public expenses in Afghanistan; it also controls the management of the Custom Affairs. The Ministry of Finance provides a quarterly report to inform the public and the executive cabinet of advancements in Afghanistan's financial sector.[2] The current Finance Minister is Nasir Akhund.

History

The importance of taxes was first given a significant role under the rule of Ahmad Shah Baba. “In 1140, a number of governmental departments and offices were established, including the Ministry of Finance of Afghanistan, which was named Humayon Alla.” [3] The first minister was Abdullah Khan Popalzai. His successor Mustafawi Almalik improved the national economic system and monitoring of financial accounting in Afghanistan. Under king Habibullah Khan the tax base was small and the majority of Afghans did not accept the system in place. After achieving independence and reform of administrative military organization, the new Ministry of Finance was established. “Later, in 1965 the financial systems were developed and officially introduced in Afghanistan.” [3] 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.[3] The Ministry of Finance has 12 departments and each department has certain responsibilities to lead and manage.

Responsibilities

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.[4] The goal of the strategy is reduce poverty, accelerate economic growth and improve security and governance.[5] 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.[5]

The total development budget for fiscal year 1390 (2011) was Afs 74 billion - which is equal to US$1.4 billion - and it increased to Afs 101.2 billion equal to US$1.9 billion in 1391 [5] Whereas in 1391 the total development grants reached to 14.2 billion which increased by 49.5 percent throughout the year.[3] 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.[3]

Ministers of Finance

In the Kingdom of Afghanistan

In the Republic of Afghanistan

In the Democratic Republic of Afghanistan

In the Islamic State of Afghanistan

In the Islamic Emirate of Afghanistan

In the Islamic Republic of Afghanistan

In the Islamic Emirate of Afghanistan

See also

External links

Notes and References

  1. Web site: Trends - Finance ministry spokesman Ahmad Wali Haqmal - Business Recorder.
  2. Web site: Official website.
  3. Web site: Ministery of Finance - Ministry of Finance . 2013-04-15 . dead . https://web.archive.org/web/20130403034534/http://mof.gov.af/en/page/401 . 2013-04-03 .
  4. Web site: Afghanistan National Development Strategy | the Embassy of Afghanistan, Washington, D.C..
  5. Ministry of Finance Fiscal Bulletin magazine, p. 19-20
  6. Book: Adamec . Ludwig . 1975 . 3201009210 . Historical and Political Who's Who of Afghanistan by Ludwig W. Adamec . en.
  7. Web site: ЯФТАЛИ Абдулла | ЦентрАзия. centrasia.org.
  8. Web site: Historical dictionary of Afghanistan - PDF Free Download. epdf.pub.
  9. http://www.afghandata.org:8080/xmlui/bitstream/handle/azu/3308/azu_acku_pamphlet_ds371_a2_a336_1975_w.pdf?sequence=1&isAllowed=y
  10. Web site: | ЦентрАзия. centrasia.org.
  11. Book: Orient. April 3, 1989. Verlag Alfred Röper. 9783891730119. Google Books.
  12. Web site: КАБИР Мохаммад | ЦентрАзия. centrasia.org.
  13. Book: Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1992:Sept.-Oct... HathiTrust. 2003. 2027/uiug.30112083082690.
  14. Book: Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1993:Jan.-July.. HathiTrust. 2003. 2027/uiug.30112083090974.
  15. Web site: АРГАНДИВАЛ Абдул Хади | ЦентрАзия. centrasia.org.
  16. The Taliban and the Civil War Entanglement in Afghanistan . 10.1525/as.2001.41.3.462 . 2001 . Ghufran . Nasreen . Asian Survey . 41 . 3 . 462–487 .
  17. https://cic.nyu.edu/sites/default/files/taliban_future_state_final.pdf
  18. Web site: ГАНИ АХМАДЗАЙ Ашраф (Мохаммад Ашраф) | ЦентрАзия. centrasia.org.
  19. Web site: АХАДИ Анвар уль-Хак | ЦентрАзия. centrasia.org.
  20. Web site: ЗАХИЛВАЛ Омар Хазрат | ЦентрАзия. centrasia.org.
  21. Web site: ЭКЛИЛЬ Хакими Ахмад | ЦентрАзия. centrasia.org.
  22. Web site: Abdul Hadi Arghandiwal Appointed as Acting Finance Minister Reporterly |. reporterly.net. 31 March 2020.
  23. Web site: Database. www.afghan-bios.info.
  24. News: Arghandiwal sacked, Painda named new finance minister. 23 January 2021. Fitri. Khawaja Basir.
  25. News: Could the Taliban Take Over Afghanistan? Here's What We Know. - The New York Times. The New York Times. 11 August 2021. 2021-08-12. Goldbaum. Christina.
  26. News: Mohammad Nasir Akhund Appointed Finance Minister . TOLOnews . 30 May 2023 . 2023-05-30.