The World Bank has provided $46 million USD as encouragement for reforms to be brought in the Ministry of Finance.
The efforts include reforms in revenue collection, the amendment in finance affairs and implementing an e-system for trade balance affairs.
“We have delivered the comments we made to the World Bank in reforming income therefore the ministry has received $46 million USD from the bank as an inspiration. The money will be spent through the national budget,” Ajmal Abdulrahimzai told TOLOnews.
Analysts said government needs further assistance of the international community to overcome the endemic corruption in finance organizations and revenue collection.
“This money from the World Bank should be spent on infrastructural projects before they are spent on reforms plans,” said Abdullah Darman, a university lecturer.
According to an agreement signed between World Bank and the Ministry of Finance last year, the bank will pay $900 million USD by the end of 2018 in order to encourage reforms in the key government institution.