Afghanistan revenue

KABUL: Afghanistan’s budget revenue increased almost 22 per cent in 2015, a report by the US Institute for Peace said, an encouraging turnaround for a cash-strapped government that remains heavily reliant on foreign aid. Since the US-led military intervention toppled the Taliban regime in 2001, the country has depended on billions of dollars in foreign aid as it struggled to find domestic revenue sources. Increased revenue is key to reassuring donors as international attention on Afghanistan fades. The increase followed an eight per cent revenue decline in 2014, which, combined with unexpectedly high spending on war efforts, led the Afghan government to ask international backers for millions in emergency funding.