KABUL (SW): Authorities at the Ministry of Finance announced on Saturday the internal revenue in the current year has increased by 21 percent in comparison to that a year earlier.<\/p>\n
Eklil Hakimi, the Minister told journalists in Kabul that the government has recovered unprecedented amount of revenue this year against the target of afn 114 billion ($ 1.6 billion) set for it by the International Monetary Fund (IMF).<\/p>\n
Hakimi said that this year the internal revenue reached to afn 120, 75 billion ($ 1.7 billion).<\/p>\n
The Minister asserted that it was an unprecedented and phenomenal achievement. He noted that the main sources for the revenue included customs, ministries, and provincial administrations, small and medium enterprises.<\/p>\n
<\/p>\n
According to the Minister, main improvement was seen in collections at customs with 55.5 percent of the revenue coming via this sector.<\/p>\n
Hakimi mentioned that similar pattern of improve revenue collections were the hallmarks at local, provincial, and business levels of tax collections.<\/p>\n
The Minister of Finance also said that because of security challenges the government could not properly collect revenue from restive provinces like Kundoz.<\/p>\n
Eklil Hakimi mentioned that the improved revenue collection earned Afghanistan the opportunity to receive $ 75 million of additional assistance from the IMF.<\/p>\n
ENDS<\/p>\n
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