Islamic State of Afghanistan: Rebuilding a Macroeconomic Framework for Reconstruction and Growth
September 21, 2003
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In this study, economic developments and achievements, the role of the IMF, strong economic recovery, the formulation and implementation of the government’s budgetary policy, and the progress made in rebuilding fiscal institutions are first discussed in detail. An overview of the challenges and issues of the authorities faced in the area of monetary and exchange rate policy is also provided. The authorities decided that the primary objective of monetary policy should be to achieve and maintain price stability and thus to restore confidence in the national currency.
Subject: Financial institutions, Foreign exchange, International organization, International trade, Monetary policy, Money, Public financial management (PFM)
Keywords: balance of payments, banking arrangement, Budget planning and preparation, Central Asia, Commercial banks, Currencies, Currency reform, donor government, Europe, Exchange rates, Exports, Global, implementation capacity, Middle East, operating budget, state intervention, Taliban regime, U.S. dollar
Pages:
140
Volume:
2003
DOI:
Issue:
299
Series:
Country Report No. 2003/299
Stock No:
1AFGEA0012003
ISBN:
9781451800159
ISSN:
1934-7685
