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.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2007/252

IMF Staff Country Reports

Language:

English

Subjects (All):

Fiscal policy--Afghanistan.

Fiscal policy.

Monetary policy--Afghanistan.

Monetary policy.

Foreign exchange rates--Afghanistan.

Foreign exchange rates.

Finance--Afghanistan.

Finance.

Structural adjustment (Economic policy)--Afghanistan.

Structural adjustment (Economic policy).

Physical Description:

1 online resource (64 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Language Note:

English

Summary:

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.

Contents:

""Cover""; ""Contents""; ""List of Acronyms""; ""Executive Summary""; ""I. Introduction""; ""II. Recent Economic and Policy Developments""; ""III. Performance Under the Program""; ""IV. The 2007/08 Program""; ""A. Macroeconomic Outlook""; ""B. Fiscal Policy""; ""C. Monetary and Exchange Rate Policies and Financial Sector Reforms""; ""D. External Sector Outlook and Policies""; ""E. Structural Policies, Poverty Reduction, and Statistical Issues""; ""V. Program Monitoring and Risks""; ""VI. Staff Appraisal""; ""Figures""; ""1. Price Developments, December 2003�April 2007""

""2. Monetary Developments""""3. Foreign Exchange Reserves and Real Exchange Rate""; ""Tables""; ""1. Selected Economic Indicators, 2002/03�2007/08""; ""2a. Core Budget, 2004/05�2009/10 (in millions of Afghanis)""; ""2b. Core Budget, 2004/05�2009/10 (in percent of GDP)""; ""3. Monetary Program, 2004/05�2007/08""; ""4. Balance of Payments, 2002/03�2010/11""; ""5. External Financing Requirement and Sources, 2002/03�2009/10""; ""6. Projected Payments to the Fund as of June 7, 2007""; ""7. Proposed Schedule of Reviews and Disbursements""; ""Attachments""; ""I. Letter of Intent""

""II. Memorandum of Economic and Financial Policies for 2007/08""""III. Technical Memorandum of Understanding""; ""Contents""; ""Annexes""; ""I. Relations with the Fund""; ""II. Relations with the World Bank""

Notes:

Description based upon print version of record.

Description based on print version record.

Description based on online resource; title from PDF copyright page (ebrary, viewed June 30, 2015).

ISBN:

9786613738790

9781462312184

1462312187

9781451987737

1451987730

9781280897481

1280897481

9781452740843

1452740844