IMF Staff Country Reports

Islamic State of Afghanistan: Staff Report for the 2003 Article IV Consultation

December 22, 2003

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International Monetary Fund. "Islamic State of Afghanistan: Staff Report for the 2003 Article IV Consultation", IMF Staff Country Reports 2003, 391 (2003), accessed 1/15/2026, https://doi.org/10.5089/9781451800173.002

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Summary

The authorities have made solid progress in rebuilding institutions and implementing sound economic policies, although huge challenges still remain. The IMF has been providing extensive policy advice and technical assistance to the authorities. With the help of the international community, the authorities have made impressive strides in rebuilding institutions and implementing sound economic policies. The economic recovery is strong, but comes from a very low level. Preliminary data suggest that expenditures were again off to a slow start in 2003/04.

Subject: Banking, Budget planning and preparation, Currencies, Exchange rates, Expenditure, Financial institutions, Foreign exchange, Money, Public financial management (PFM), Securities

Keywords: Budget planning and preparation, CR, Currencies, customs policy reform package, Exchange rates, exchange regime, government, government institution, ISCR, Middle East, operating budget, private sector, Securities, US$