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Afghanistan Development Update, April 2016

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank.
Series:
Economic Updates and Modeling
World Bank e-Library.
Language:
English
Subjects (All):
Accounting.
Analysis of Economic Growth.
Banking Sector.
Cash Transfers.
Commercial Banks.
Commodity Prices.
Debt.
Debt Markets.
Deficit.
Developing Countries.
Economic Growth.
Economic Management.
Economic Statistics, Modeling and Forecasting.
Expenditures.
Finance.
Finance and Financial Sector Development.
Financial Development.
Financial Management.
Fiscal & Monetary Policy.
Foreign Direct Investment.
Host Countries.
Housing Finance.
Income Tax.
Inflation.
Investment Climate.
Labor Market.
Loans.
Macroeconomic Management.
Macroeconomics and Economic Growth.
Monetary Policy.
Political Economy.
Poverty.
Private Investment.
Public Investment.
Public Spending.
Remittances.
Risk Management.
Rule of Law.
Securities.
Tax Policy.
Taxes.
Telecommunications.
Local Subjects:
Accounting.
Analysis of Economic Growth.
Banking Sector.
Cash Transfers.
Commercial Banks.
Commodity Prices.
Debt.
Debt Markets.
Deficit.
Developing Countries.
Economic Growth.
Economic Management.
Economic Statistics, Modeling and Forecasting.
Expenditures.
Finance.
Finance and Financial Sector Development.
Financial Development.
Financial Management.
Fiscal & Monetary Policy.
Foreign Direct Investment.
Host Countries.
Housing Finance.
Income Tax.
Inflation.
Investment Climate.
Labor Market.
Loans.
Macroeconomic Management.
Macroeconomics and Economic Growth.
Monetary Policy.
Political Economy.
Poverty.
Private Investment.
Public Investment.
Public Spending.
Remittances.
Risk Management.
Rule of Law.
Securities.
Tax Policy.
Taxes.
Telecommunications.
Physical Description:
1 online resource (1 pages)
Place of Publication:
Washington, D.C. : The World Bank, 2016.
System Details:
data file
Summary:
The withdrawal of international security forces since 2014 and continuing political uncertainties have resulted in a significant deceleration to economic growth, with fiscal pressures increasing as security threats mount. However, to a significant extent, Afghanistan has successfully managed the immediate challenges resulting from the transition. It has maintained macroeconomic stability and established the conditions for a slow recovery of the economy. Risks to the economy remain significant, and it is vital that the Government identify new sources of growth to replace the declining donor inflows over the longer-term. The medium-term outlook points towards a slow recovery over the next three years. The rate of growth is projected to reach 1.9 percent in 2016, assuming adjustments in firms and households' behavior in the context of the deteriorating security environment. Growth is projected to gradually increase from 1.9 percent in 2016 to 3.6 percent in 2018, if the political situation stabilizes and planned reforms are successfully implemented. On the other hand, any deterioration in the security environment could weaken growth prospects, with this risk being the most significant faced by the country.

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