With six days to the end of fiscal year, officials at the Ministry of Finance say that only 48 percent of the development budget has been spent. According to this Ministry, the High Office of Oversight and Anti-Corruption has had the highest percentage of spending, while the Environmental Protection Agency of Afghanistan has not spent even 1 percent of its developing budget.
Hopes are that the overall percentage spent will rise to 50 percent by the end of the current fiscal year.
"As of today, overall expenditure of developing budget is over 48 percent, which is a good number in compare to last year. Last year, total expenditure percentage was forty something percent. Now that there are only a few days to the end of fiscal year, accounts are not closed yet, but our total expenditure percentage shows 48 percent, which will be over 50 percent by the end of the fiscal year," said Najeebullah Manali, Advisor to the Ministry of Finance.
Officials at the Ministry of Finance have reported 56 percent expenditure by this Ministry in different areas, such as improvement of financial system, modernization of financial system of institutions and creation of required infrastructures for customs and custom facilities in the borders of Afghanistan.