Islamic State of Afghanistan: Staff Report for the 2004 Article IV Consultation and Second Review Under the Staff-Monitored Program

February 4, 2005

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Format: Chicago

Islamic State of Afghanistan: Staff Report for the 2004 Article IV Consultation and Second Review Under the Staff-Monitored Program, (USA: International Monetary Fund, 2005) accessed September 20, 2024

Summary

This paper focuses on Afghanistan’s 2004 Article IV Consultation and Second Review Under the Staff-Monitored Program. The authorities have made further progress in rebuilding institutions and implementing sound economic policies. They have maintained their commitment to fiscal discipline. Real GDP growth has been relatively strong, albeit from a very low base, and has slowed over the past 18 months, owing primarily to the negative impact of adverse weather conditions on agricultural production. Growth remained strong in the other sectors, especially in construction and services.

Subject: Currencies, Fiscal policy, Imports, International trade, Macrostructural analysis, Money, National accounts, Private investment, Structural reforms

Keywords: Authorities' effort, Authorities of Afghanistan, Central Asia, CR, Currencies, Currency in circulation, Government, Government operation, Imports, ISCR, Nominal exchange rate, Price, Private investment, Reform strategy, SMP target, State, Structural reforms, U.S. dollar

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/033
Stock No:

1AFGEA2005001
ISBN:

9781451800197
ISSN:

1934-7685

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