
1958 in Afghanistan
Encyclopedia
See also: 1957 in Afghanistan
, other events of 1958, and 1959 in Afghanistan
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The five-year development plan, begun in 1957, is being revised on the basis of experience gained. The total expenditure envisaged amounts to 5,708,600,000 Afghanis at an average yearly rate of 1,141,700,000 Afghanis. This means a rate of investment equal to 8% of the national income. Three-fourths of the total development plan is to be financed from national sources, and the remainder from foreign assistance. The total foreign exchange requirement is estimated at $196,000,000. According to the U.S. International Cooperation Administration
, Afghanistan received from the United States $18,300,000 of economic aid in 1955-56 and $14,400,000 in 1956-57. The amount for 1957-58 is estimated at $5,800,000.
1957 in Afghanistan
See also: 1956 in Afghanistan, other events of 1957, and 1958 in Afghanistan.-----June 8–11, 1957:H.S. Suhrawardi, the prime minister of Pakistan, visits Kabul and, as a result of his conversation with Mohammad Daud, the two governments agree to restore full diplomatic relations between the two...
, other events of 1958, and 1959 in Afghanistan
1959 in Afghanistan
See also: 1958 in Afghanistan, other events of 1959, and 1960 in Afghanistan.----The budget estimates for September 23, 1958-September 22, 1959 , amount to a revenue of 1,455,122,000 Afghanis and to an expenditure of 1,455,107,962 Afghanis. See also: 1958 in Afghanistan, other events of 1959, and...
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The five-year development plan, begun in 1957, is being revised on the basis of experience gained. The total expenditure envisaged amounts to 5,708,600,000 Afghanis at an average yearly rate of 1,141,700,000 Afghanis. This means a rate of investment equal to 8% of the national income. Three-fourths of the total development plan is to be financed from national sources, and the remainder from foreign assistance. The total foreign exchange requirement is estimated at $196,000,000. According to the U.S. International Cooperation Administration
International Cooperation Administration
The International Cooperation Administration was established by the U.S. State Department Delegation of Authority 85, June 30, 1955, pursuant to EO 10610, May 9, 1955. The predecessor to this administration was the Foreign Operations Administration . Both oganizations coordinated foreign...
, Afghanistan received from the United States $18,300,000 of economic aid in 1955-56 and $14,400,000 in 1956-57. The amount for 1957-58 is estimated at $5,800,000.