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  • 1
    UID:
    edocfu_9958096511902883
    Format: 1 online resource (65 p.)
    Edition: Islamic Republic of Afghanistan: Sixth Review Unde
    ISBN: 1-4552-2496-0 , 1-4527-4448-3 , 1-280-88905-5 , 9786613730367 , 1-4518-7611-4
    Series Statement: IMF Country Report ; Number 10/22
    Content: This paper examines Afghanistan’s Sixth Review under the arrangement under the Poverty Reduction and Growth Facility. The growth of currency in circulation has been carefully managed to support the decline in inflation from double-digit levels in 2008. Reserve money, however, has been volatile, primarily because of unexpected changes in coalition forces’ deposits. Money demand remained strong as evidenced by the decline in inflation and a nominal appreciation of the Afghani. The authorities have also been implementing a short-term revenue action plan with measures aimed at limiting corruption.
    Note: Description based upon print version of record. , Cover; Contents; Executive Summary; I. Introduction; II. Recent Developments and Performance Under the Program; Text Figures; Number of Security Incidents per Month; Real GDP Growth; External Accounts; Consumer Price Inflation; Interest Rate; Nominal Exchange Rates; Effective Exchange Rates; Text Table; Recent Fiscal Developments; Expenditures; Grants; Revenues; Budget Balance; III. Policy Discussions; A. Monetary and Financial Sector Policies; Banking System Indicators; B. Fiscal Policy; Fiscal Indicators; C. Structural Reforms; Boxes; 1. Fiscal Sustainability; Fiscal Sustainability , D. Medium-Term Outlook and HIPC Completion Point2. Rationale for Structural Measures Under the Program; IV. Program Monitoring; 3. HIPC Completion Point Triggers; V. Staff Appraisal; Tables; 1. Schedule of Reviews and Disbursements; 2. Selected Economic Indicators, 2006/07-20010/11; 3. Balance of Payments, 2006/07-2009/10; 4. Quantitative Performance Criteria and Indicative Targets Under the PRGF Arrangement, June-September 2009; 5. Structural Benchmarks Under the PRGF Arrangement, Sixth Review, March 2009-June 2009; 6. Monetary Program (Central Bank), March 2009-March 2010 , 7a. Core Budget, 2007/08-2009/10 (in billions of Afghanis)7b. Core Budget, 2007/08-2009/10 (in percent of GDP); 8. Medium-Term Macroeconomic Framework, 2009/10-2014/15; 9. External Financing Requirement and Sources, 2006/07-2013/14; 10. Projected Payments to the Fund as of September 30, 2009; Attachments; I. Letter of Intent; II. Supplementary Memorandum of Economic and Financial Policies for 2009/10; III. Technical Memorandum of Understanding; Contents; I. Relations with the Fund; II. Relations with the World Bank; III. Relations with the Asian Development Bank , English
    Additional Edition: ISBN 1-4518-0043-6
    Language: English
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