{
  "title": "Islamic Republic of Afghanistan: Selected Issues",
  "publication": "IMF Staff Country Reports, February 20, 2008",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/islamic-republic-of-afghanistan-selected-issues-21736",
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  "summary": "Fiscal sustainability is one of several policy objectives that Afghanistan is expected to achieve in the context of the Poverty Reduction Growth Facility-supported program.",
  "publishDate": "2008-02-20",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Fiscal sustainability is one of several policy objectives that Afghanistan is expected to achieve in the context of the Poverty Reduction Growth Facility-supported program.\n- There is a need to develop a comprehensive financial sector strategy aimed at deepening financial intermediation and reducing key vulnerabilities.\n- The aim of this paper is to analyze the conduct of monetary and exchange rate policy in Afghanistan.\n- This paper also discusses the current monetary policy framework in Afghanistan, reviews its implementation, and recommends measures to improve its effectiveness."
    },
    {
      "heading": "Key findings",
      "content": "- Fiscal sustainability is explicitly identified as a core policy objective under the Poverty Reduction Growth Facility-supported program.\n- The financial sector requires a comprehensive strategy to:\n  - deepen financial intermediation, and\n  - reduce key vulnerabilities.\n- Monetary and exchange rate policy conduct in Afghanistan warrant analysis to assess effectiveness and implementation.\n- The existing monetary policy framework is described, its implementation is reviewed, and practical measures to improve effectiveness are proposed."
    },
    {
      "heading": "Policy recommendations and focus areas",
      "content": "- Develop a comprehensive financial sector strategy aimed at:\n  - deepening financial intermediation, and\n  - reducing key vulnerabilities in the financial system.\n- Strengthen the monetary policy framework by:\n  - reviewing current implementation practices, and\n  - adopting recommended measures to improve policy effectiveness (as discussed in the paper).\n\n---\n\n Content in this bundle\n\n- Cr0871 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/islamic-republic-of-afghanistan-selected-issues-21736"
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    "Published: February 20, 2008",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451800340.002",
    "Fiscal sustainability is one of several policy objectives that Afghanistan is expected to achieve in the context of the Poverty Reduction Growth Facility-supported program.",
    "There is a need to develop a comprehensive financial sector strategy aimed at deepening financial intermediation and reducing key vulnerabilities.",
    "The aim of this paper is to analyze the conduct of monetary and exchange rate policy in Afghanistan.",
    "This paper also discusses the current monetary policy framework in Afghanistan, reviews its implementation, and recommends measures to improve its effectiveness.",
    "Fiscal sustainability is explicitly identified as a core policy objective under the Poverty Reduction Growth Facility-supported program.",
    "The financial sector requires a comprehensive strategy to:",
    "Monetary and exchange rate policy conduct in Afghanistan warrant analysis to assess effectiveness and implementation.",
    "The existing monetary policy framework is described, its implementation is reviewed, and practical measures to improve effectiveness are proposed.",
    "Develop a comprehensive financial sector strategy aimed at:",
    "Strengthen the monetary policy framework by:",
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