Islamic Republic of Afghanistan: 2017 Article IV Consultation and Second Review under the Extended Credit Facility Arrangement, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Afghanistan

International Monetary Fund

No 2017/377, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2017 Article IV Consultation highlights that the real GDP of Afghanistan grew by 2.4 percent in 2016 thanks to higher agricultural output. For 2017, growth is projected at 2.5 percent and at 3 percent for 2018. This is below the rate of growth needed to reduce unemployment, and is contingent on an improvement in confidence, implementation of reforms, and continued strong donor support. Consumer price inflation remains moderate and is expected to average 6 percent in 2018. Afghanistan has also made progress in strengthening the country’s anti-corruption framework, and its efforts in antimonetary laundering and counter financing of terrorism resulted in the recent exit from the Financial Action Task Force’s monitoring process.

Keywords: ISCR; CR; government; Afghanistan; debt; real GDP; top priorities; anti-corruption measure; government of Afghanistan; Executive Board assessment; policy reform agenda; GDP deflator; macroeconomic policy mix; authorities' progress; Executive Board's discussion; Anti-money laundering and combating the financing of terrorism (AML/CFT); Corruption; Global; Central Asia (search for similar items in EconPapers)
Pages: 127
Date: 2017-12-14
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=45473 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2017/377

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi (amodi@imf.org).