The Taliban's first annual Afghan budget anticipates a $501 million deficit.

Taliban officials say deficit expected to be 44 billion Afghanis ($501 million) Taliban officials gave no details on how gap between estimated revenues and projected spending will be bridged . Country is in midst of an economic crisis, while humanitarian organizations are figuring out how to help 50 million Afghans without giving Taliban direct access to funds .

Kabul: Afghanistan's budget deficit is expected to be 44 billion Afghanis ($501 million) this year, according to Taliban officials, who gave no details on how the gap between estimated revenues and projected spending will be bridged.At the unveiling of the first annual national budget since the Taliban took over the war-torn country in August last year, deputy Prime Minister Abdul Salam Hanafi said the government planned for 231.4 billion Afghanis and 186.7 billion domestic revenues.Revenues are obtained from government departments related to customs, ministries, and mines, according to Ahmad Wali Haqmal, a spokesperson for the finance ministry.Foreign forces retreated from Afghanistan in 2021, triggering the government's breakdown and the Taliban takeover.

Hanafi said that the Talibans supreme leader Haibatullah Akhunzada had confirmed the new financial year's budget, which runs until next February, and that only local funds would be used.According to him, development expenditures would cost 27.9 billion Afghanis, but he did not give a breakdown of defense spending.He said, Weve paid close attention to education and higher education, and our entire emphasis has been on how to make it possible for everyone to have access to education.