Islamic Republic of Afghanistan 2007 Article IV Consultation and Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion: Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Islamic Republic of Afghanistan

Afghanistan has made substantial progress toward macroeconomic stability, but structural reforms need to be accelerated. The uncertainty affecting the fiscal outlook warrants a prudent expenditure policy. Monetary policy has been instrumental in reducing inflation and safeguarding external stability...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Banks 
653 |a Finance 
653 |a Budget Systems 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Mortgages 
653 |a Budgeting 
653 |a Financial statistics 
653 |a Social Services and Welfare 
653 |a National Government Expenditures and Related Policies: General 
653 |a Budget 
653 |a Public financial management (PFM) 
653 |a Banking 
653 |a Economic and financial statistics 
653 |a National Budget 
653 |a Econometrics & economic statistics 
653 |a Depository Institutions 
653 |a Provision and Effects of Welfare Program 
653 |a Commercial banks 
653 |a Balance of payments statistics 
653 |a Short-term Capital Movements 
653 |a Bank supervision 
653 |a Current Account Adjustment 
653 |a Micro Finance Institutions 
653 |a Balance of payments 
653 |a Computer Programs: Other 
653 |a Budget planning and preparation 
653 |a Data Collection and Data Estimation Methodology 
653 |a Social welfare & social services 
653 |a Expenditure 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Financial regulation and supervision 
653 |a Poverty 
653 |a Budgeting & financial management 
653 |a Statistics 
653 |a Public Finance 
653 |a Financial services law & regulation 
653 |a Government Policy 
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520 |a Afghanistan has made substantial progress toward macroeconomic stability, but structural reforms need to be accelerated. The uncertainty affecting the fiscal outlook warrants a prudent expenditure policy. Monetary policy has been instrumental in reducing inflation and safeguarding external stability, but it needs to be strengthened. The government should resist pressures for expanding its role in the economy and focus on fostering competition and improving economic governance. The current exchange rate level appears in line with fundamentals. The government should increase its efforts to improve Afghanistan’s statistical database