IMF Staff Country Reports

Islamic Republic of Afghanistan: Third Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report

Publication Date:

May 29, 2018

Electronic Access:

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Summary:

This paper discusses Afghanistan’s Third Review Under the Extended Credit Facility (ECF) Arrangement and Request for Modification of Performance Criteria (PCs). Program implementation through end-December 2017 was satisfactory, despite the challenging security situation and mounting political risks. All quantitative PCs and eight of the nine structural benchmarks were met. The end-April 2018 benchmark related to asset declarations by public officials was implemented with a short delay. The IMF staff supports the completion of the third review under the ECF arrangement and the authorities’ request for a modification of three PCs for June 2018.

Series:

Country Report No. 2018/127

Subject:

Banking Budget planning and preparation Central banks Credit Economic and financial statistics External sector statistics International reserves Money Public financial management (PFM)