Islamic State of Afghanistan: Rebuilding a Macroeconomic Framework for Reconstruction and Growth

International Monetary Fund

No 2003/299, IMF Staff Country Reports from International Monetary Fund

Abstract: In this study, economic developments and achievements, the role of the IMF, strong economic recovery, the formulation and implementation of the government’s budgetary policy, and the progress made in rebuilding fiscal institutions are first discussed in detail. An overview of the challenges and issues of the authorities faced in the area of monetary and exchange rate policy is also provided. The authorities decided that the primary objective of monetary policy should be to achieve and maintain price stability and thus to restore confidence in the national currency.

Keywords: Taliban regime; banking arrangement; U.S. dollar; state intervention; balance of payments; Currencies; Commercial banks; Budget planning and preparation; Exports; Exchange rates; Middle East; Europe; Central Asia; Global; donor government; operating budget; implementation capacity; Currency reform (search for similar items in EconPapers)
Pages: 140
Date: 2003-09-21
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=16881 (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:2003/299

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 ().