IMF Staff Country Reports

Islamic Republic of Afghanistan: Staff Report for the 2005 Article IV Consultation and Sixth Review Under the Staff-Monitored Program

Publication Date:

March 16, 2006

Electronic Access:

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Summary:

This 2005 Article IV Consultation highlights that over the last 12 months, the Afghan authorities have made further progress in rebuilding institutions and stabilizing the economy. In a challenging environment, dominated by the difficult security situation and parliamentary elections, the authorities have continued to pursue prudent fiscal and monetary policies and have implemented a number of important institutional and structural reforms that have contributed to strong growth, moderate inflation, a stable exchange rate, and fiscal consolidation. The authorities have also modernized central bank operations and reinforced its supervision capacity.

Series:

Country Report No. 2006/113

Subject:

Budget planning and preparation Currencies Expenditure Imports International trade Money Public financial management (PFM) Revenue administration