Islamic Republic of Afghanistan: Fourth Review Under the Staff-Monitored Program

July 19, 2005

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Islamic Republic of Afghanistan: Fourth Review Under the Staff-Monitored Program, (USA: International Monetary Fund, 2005) accessed November 25, 2024

Summary

This paper focuses on the Fourth Review Under the Staff-Monitored Program (SMP) for Afghanistan. Under the SMP, Afghanistan continued to make progress in improving macroeconomic management, strengthening its capacity to formulate policy, and creating conditions for sustainable economic growth. All indicative quantitative indicators and structural benchmarks for the fourth review were observed, except for the external debt survey, owing to the lack of cooperation of some creditors. Despite unfavorable weather, real GDP continued to increase at a steady pace, estimated at 7.5 percent in 2004/05.

Subject: Budget planning and preparation, Central banks, Currencies, Expenditure, Financial institutions, International reserves, National accounts, Private investment, Public financial management (PFM), State-owned banks

Keywords: Accelerated depreciation, Authorities' intention, Authorities' reiterated commitment, Authorities' resistance, Budget planning and preparation, CR, Delivery of government service, Government, Government involvement, Government program classification, Government's drawdown, International reserves, ISCR, Middle East and Central Asia, Operating budget, Private investment, Reiterated commitment, Renewed commitment, Resistance to pressure, State-owned banks, U.S. dollar

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/237
Stock No:

1AFGEA2005004
ISBN:

9781451800227
ISSN:

1934-7685

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