Islamic Republic of Afghanistan: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative: Preliminary Document

International Monetary Fund

No 2007/232, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the enhanced Heavily Indebted Poor Countries (HIPC) Initiative of the Islamic Republic of Afghanistan. Afghanistan’s economy achieved a major recovery, with robust GDP growth from a low level. Afghanistan has made significant progress in some areas of human development. Health care coverage has increased with the Basic Package of Health Services (BPHS) available to about 90 percent of the population. Public institutions should be strengthened and economic governance improved to ensure that economic growth can be sustained.

Keywords: ISCR; CR; debt service; gross domestic product; economic growth; central government; NPV of debt-to-exports ratio; fiscal policy; government plan; Debt relief; South Asia (search for similar items in EconPapers)
Pages: 51
Date: 2007-07-06
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