Islamic Republic of Afghanistan: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Afghanistan
July 26, 2007
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
This paper discusses the Islamic Republic of Afghanistan’s Second Review Under the Poverty Reduction and Growth Facility. Political pressures on tax administration and the granting of concessions to some manufacturers through increased protection on final goods and lower duty rates on raw materials pose risks to achieving the revenue targets, and are distorting the customs regime. The external current account is projected to improve, and official reserves would remain at about five months of prospective imports.
Subject: Asset and liability management, Banking, Budget planning and preparation, Central banks, Debt relief, Expenditure, External debt, International reserves, Poverty, Poverty reduction and development, Public financial management (PFM)
Keywords: Budget planning and preparation, CR, Debt relief, facility, growth facility informational annex, International reserves, ISCR, Islamic Republic of Afghanistan's performance, longer-term expenditure correction, Poverty reduction and development, reform agenda, relations with the World Bank, Three-Year, Three-Year arrangement
Pages:
63
Volume:
2007
DOI:
Issue:
252
Series:
Country Report No. 2007/252
Stock No:
1AFGEA2007003
ISBN:
9781451800326
ISSN:
1934-7685
