Islamic Republic of Afghanistan: Third Review Under the Staff-Monitored Program and Request for an Extension
IMF Staff Country Reports, April 6, 2005
Source details
- Canonical URL
- Islamic Republic of Afghanistan: Third Review Under the Staff-Monitored Program and Request for an Extension
Other formats
Bibliographic details
- Published: April 6, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451800210.002
Executive summary
- The paper assesses Afghanistan’s Third Review Under the Staff-Monitored Program (SMP) and the Request for an Extension.
- Performance during the third quarter of the SMP was characterized as strong.
- The October 2004 presidential elections and the ensuing formation of a new government diverted important human resources, yet strong performance was maintained.
- All end-December 2004 indicative quantitative indicators and structural benchmarks were met, except one.
Key finding on benchmarks and laws
- All end-December 2004 indicative quantitative indicators and structural benchmarks were met, except:
- The benchmark related to the publication in the official gazette of the central bank law and the commercial banking law.
- The publication of the commercial banking law in the official gazette was delayed for technical reasons.
Thematic coverage (subjects and keywords)
- Subjects:
- Banking
- Budget planning and preparation
- Commercial banks
- Currencies
- Financial institutions
- Foreign exchange
- Money
- Public financial management (PFM)
- Real exchange rates
- State-owned banks
- Keywords:
- benchmark interest rate
- Budget planning and preparation
- central bank
- Commercial banks
- CR
- Currencies
- development platform
- government
- government program classification
- ISCR
- money market
- operating budget
- Real exchange rates
- State-owned banks
- U.S. dollar