Islamic Republic of Afghanistan: Third Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report

International Monetary Fund

No 2018/127, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Afghanistan’s Third Review Under the Extended Credit Facility (ECF) Arrangement and Request for Modification of Performance Criteria (PCs). Program implementation through end-December 2017 was satisfactory, despite the challenging security situation and mounting political risks. All quantitative PCs and eight of the nine structural benchmarks were met. The end-April 2018 benchmark related to asset declarations by public officials was implemented with a short delay. The IMF staff supports the completion of the third review under the ECF arrangement and the authorities’ request for a modification of three PCs for June 2018.

Keywords: ISCR; CR; Afghanistan; government; growth; Executive Board's decision; Afghan authorities; exchange rate; ARTF Research and Analysis Program; ECF arrangement for the Islamic Republic of Afghanistan; base year; IMF Executive Board Completes Third Review; Budget planning and preparation; Credit; International reserves; External sector statistics; Global; Central Asia (search for similar items in EconPapers)
Pages: 94
Date: 2018-05-29
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=45897 (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:2018/127

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 ().