Islamic Republic of Afghanistan: 2011 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Staff Supplement-A Joint World Bank/IMF Debt Sustainability Analysis; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Islamic Republic of Afghanistan
November 23, 2011
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Afghanistan has made important achievements in recent years. The 2011 Article IV Consultation highlights that authorities have taken steps to lay the foundation for economic stability and growth, despite a very difficult security situation and the challenges associated with building political and economic institutions. Directors agreed that the Extended Credit Facility (ECF)-supported program, accompanied by a technical assistance agenda, provides an appropriate framework for addressing the considerable challenges lying ahead and a basis for continued engagement with the donor community.
Subject: Banking, Budget planning and preparation, Expenditure, External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)
Keywords: agreement, asset recovery, authority, binding agreement, Budget planning and preparation, cooperating shareholder, CR, discussion of Afghanistan, economic policy challenge, executive board's discussion, Global, government, government securities market, ISCR, Middle East, Middle East and Central Asia, shareholder, South Asia
Pages:
144
Volume:
2011
DOI:
Issue:
330
Series:
Country Report No. 2011/330
Stock No:
1AFGEA2011003
ISBN:
9781463925864
ISSN:
1934-7685
