Islamic Republic of Afghanistan: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Afghanistan

International Monetary Fund

No 2007/252, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the Islamic Republic of Afghanistan’s Second Review Under the Poverty Reduction and Growth Facility. Political pressures on tax administration and the granting of concessions to some manufacturers through increased protection on final goods and lower duty rates on raw materials pose risks to achieving the revenue targets, and are distorting the customs regime. The external current account is projected to improve, and official reserves would remain at about five months of prospective imports.

Keywords: ISCR; CR; growth facility informational annex; Three-Year arrangement; Three-Year; facility; reform agenda; longer-term expenditure correction; Islamic Republic of Afghanistan's performance; Budget planning and preparation; Debt relief; International reserves; relations with the World Bank; Poverty reduction and development (search for similar items in EconPapers)
Pages: 63
Date: 2007-07-26
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