Islamic State of Afghanistan: Staff Report for the 2003 Article IV Consultation
Volume/Issue:
Volume 2003
Issue 391
Publication date: December 2003
ISBN: 9781451800173
$20.00
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Topics covered in this book
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Business and Economics , Banks and Banking , Investments and Securities-General , Money and Monetary Policy , Public Finance , ISCR , CR , government , exchange regime , operating budget , customs policy reform package , US$ , private sector , government institution , Exchange rates , Budget planning and preparation , Currencies , Securities , Middle East
Summary
The authorities have made solid progress in rebuilding institutions and implementing sound economic policies, although huge challenges still remain. The IMF has been providing extensive policy advice and technical assistance to the authorities. With the help of the international community, the authorities have made impressive strides in rebuilding institutions and implementing sound economic policies. The economic recovery is strong, but comes from a very low level. Preliminary data suggest that expenditures were again off to a slow start in 2003/04.
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