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.
IMF’s Work on Afghanistan
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November 13, 2020
Author/Editor:International Monetary Fund. Middle East and Central Asia Dept.
Series:Country Report No. 1920/300 -
November 6, 2020
The Executive Board of the International Monetary Fund (IMF) today approved a 42-month arrangement for Afghanistan under the Extended Credit Facility (ECF) in an amount equivalent to SDR 259.04 million (about US$ 370 million or 80 percent of Afghanistan’s quota) to support the authorities’ economic reform program aimed at sustainable growth and poverty reduction. The program seeks to preserve macroeconomic stability, reverse the fiscal deterioration caused by the pandemic, and protect development and social spending. Structural reforms under the program will focus on mobilizing domestic revenue, improving the quality of public spending and public financial management, bolstering the financial sector, and strengthening the anti-corruption regime. The ECF arrangement will also help cover Afghanistan’s external and fiscal financing needs that emerged since the start of the pandemic.
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August 14, 2020
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Five Charts That Illustrate COVID-19’s Impact on the Middle East and Central Asia
July 16, 2020
The Middle East and Central Asia countries acted quickly and decisively in response to COVID-19. Despite their efforts, the pandemic has inflicted heavy economic damage on the region. Growth projections have been revised down since the April 2020 Regional Economic Outlook, the IMF says in its latest update to the report.
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COVID-19 Poses Formidable Threat for Fragile States in the Middle East and North Africa
May 13, 2020
Regional Economic Outlook
October 19, 2020
Countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region and those in the Caucasus and Central Asia (CCA) responded to the COVID-19 pandemic with swift and stringent measures to mitigate its spread and impact but continue to face an uncertain and difficult environment. Oil exporters were particularly hard hit by a “double-whammy” of the economic impact of lockdowns and the resulting sharp decline in oil demand and prices. Containing the health crisis, cushioning income losses, and expanding social spending remain immediate priorities. However, governments must also begin to lay the groundwork for recovery and rebuilding stronger, including by addressing legacies from the crisis and strengthening inclusion.Read the Report