Islamic Republic of Afghanistan : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Author/Editor:

International Monetary Fund

Publication Date:

March 27, 2007

Electronic Access:

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Summary:

This paper discusses key findings of the First Review Under the Poverty Reduction and Growth Facility (PRGF) for Afghanistan. Despite a difficult security environment and persistent expenditure pressures, Afghanistan’s performance during the first six months of 2006/07 was in line with the program. The authorities met all the end-September 2006 quantitative performance criteria and indicative targets, the structural performance criterion, and most structural benchmarks, except those related to state-owned banks. The overall fiscal strategy for the remainder of 2006/07 and for 2007/08 strikes a balance between addressing critical spending pressures and fiscal sustainability.

Series:

Country Report No. 07/130

Subject:

English

Publication Date:

March 27, 2007

ISBN/ISSN:

9781451800302/1934-7685

Stock No:

1AFGEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

87

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