Afghanistan: HIPC Initiative Paper

International Monetary Fund

No 2010/040, IMF Staff Country Reports from International Monetary Fund

Abstract: This report examines the Heavily-Indebted Poor Countries (HIPC) Initiative paper on Afghanistan. Afghanistan has made sufficient progress in meeting the completion point triggers, despite a challenging environment during the HIPC interim period, marked by increasing insecurity in parts of the country and the global fuel and food crisis. It has fully implemented the triggers on preparing and implementing a poverty reduction strategy paper, maintaining a stable macroeconomic environment, improving debt management and public financial and expenditure management, and improving the business environment.

Keywords: ISCR; CR; current account; C.A.R. authorities; debt management; fiscal year; government budget; real GDP; exchange rate; NPV terms; HIPC assistance; completion point; balance of payments; budget execution; sensitivity analysis; Debt relief; Debt service; Debt service ratios; Debt reduction; Stocks; Global (search for similar items in EconPapers)
Pages: 64
Date: 2010-02-12
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