Islamic Republic of Afghanistan : 2007 Article IV Consultation and Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion: Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Islamic Republic of Afghanistan

Author/Editor:

International Monetary Fund

Publication Date:

February 20, 2008

Electronic Access:

Free Full Text (PDF file size is 802 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Afghanistan has made substantial progress toward macroeconomic stability, but structural reforms need to be accelerated. The uncertainty affecting the fiscal outlook warrants a prudent expenditure policy. Monetary policy has been instrumental in reducing inflation and safeguarding external stability, but it needs to be strengthened. The government should resist pressures for expanding its role in the economy and focus on fostering competition and improving economic governance. The current exchange rate level appears in line with fundamentals. The government should increase its efforts to improve Afghanistan’s statistical database.

Series:

Country Report No. 08/76

Subject:

English

Publication Date:

February 20, 2008

ISBN/ISSN:

9781451800371/1934-7685

Stock No:

1AFGEA2008004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

99

Please address any questions about this title to publications@imf.org