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

Volume/Issue: Volume 2005 Issue 033
Publication date: February 2005
ISBN: 9781451800197
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Investments and Securities-General , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , state , nominal exchange rate , SMP target , government , authorities of Afghanistan , price , reform strategy , currency in circulation , government operation , U , S , dollar , authorities' effort , Currencies , Structural reforms , Private investment , Imports , Central Asia

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.