Afghanistan Resident Representative Site
Resident Representative Office in the Islamic Republic of Afghanistan
This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Afghanistan and the IMF. Additional information can be found on Afghanistan and IMF country page, including official IMF reports and Executive Board documents in English that deal with Afghanistan.
News — Highlights
Statement by IMF Managing Director Christine Lagarde on the IMF’s Resident Representative in Afghanistan
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today on the death of Mr. Wabel Abdallah, the IMF’s Resident Representative in Afghanistan
Communiqué of “Afghanistan: The London Conference” Afghan Leadership, Regional Cooperation, International Partnership
Afghanistan and the IMF
Press Release: IMF’s Middle East Regional Technical Assistance Center Concludes Study Tour on VAT Implementation for the Afghanistan Revenue Department
Islamic Republic of Afghanistan: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Islamic Republic of Afghanistan
May 21, 2014
Series: Country Report No. 14/128
Press Release: IMF Executive Board Concludes Article IV Consultation with the Islamic Republic of Afghanistan
May 21, 2014
With the presidential elections and the drawdown of foreign troops under way, Afghanistan faces a year of transition amid a good overall economic performance. In an interview, IMF mission chief to Afghanistan Paul Ross reviews the progress of the country.
Regional Economic Outlook Update: Middle East & Central Asia
Growth has been tepid across the Middle East and North Africa, Afghanistan, and Pakistan (MENAP) region. In 2013, declines in oil production held back growth in the oil-exporting countries. Weak private investment, amid political transitions and conflict, continued to take a toll on economic activity in the oil-importing countries. Growth is expected to strengthen this year in line with an improved global outlook. However, weak confidence and, in some cases, large public deficits will continue to weigh on the region's economic prospects. Deeper economic transformations are necessary to ensure robust and inclusive growth and creation of enough jobs for the rapidly-growing labor force.
Economic growth in the Caucasus and Central Asia (CCA) is expected to decline from 6.5 percent in 2013 to 6 percent in 2014, mainly because of weakening growth momentum in emerging market trading partners (particularly, China, Russia, and Turkey) and a temporary decline in oil output growth in Kazakhstan. Risks remain tilted to the downside. In particular, a slowdown in emerging market trading partners may weaken exports, foreign direct investment, and remittances. Policy priorities center on rebuilding buffers and increasing exchange rate flexibility to help adjust to unanticipated shocks. Stronger macroeconomic frameworks would provide a more credible anchor to economies. Rapid credit growth in some countries calls for strengthening the prudential policies to ensure the continued soundness of financial institutions. Structural reforms to improve the business environment and governance, as well as closer regional cooperation, would enable CCA countries to achieve their goal of becoming dynamic emerging market economies.