European Parliament Library

Islamic Republic of Afghanistan :, Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria, and Rephasing and Extension of the Arrangement: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Islamic Republic of Afghanistan

This paper discusses key findings of the Fifth Review for Afghanistan under the Poverty Reduction and Growth Facility (PRGF). Performance under the PRGF-supported program has been mixed. Monetary and financial policies were broadly consistent with the program. However, difficulties were evident in reforming public enterprises and in the fiscal area. The economic program for 2009/10 envisages a prudent monetary policy to ensure fast disinflation, fiscal adjustment anchored on remedial measures to increase revenues and contain spending, and closer monitoring of public enterprises that pose fiscal risks
Table Of Contents
Contents; Executive Summary; I. Introduction; II. Recent Developments and Performance under the Program; Text Figures; Text Table; III. Policy Discussions; A. Economic Outlook; B. Fiscal Issues; C. Monetary and Financial Sector Issues; D. External Sector and Debt; IV. Program Monitoring; Text Box; V. Staff Appraisal; Figures; Tables; Attachments; I. Letter of Intent; II. Supplementary Memorandum of Economic and Financial Policies for 2009/10; II. Technical Memorandum of Understanding; Contents; I. Relations with the Fund; II. Relations with the World Bank
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (71 p.)
Specific Material Designation
Form Of Item

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