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

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  • 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.

Suggested Citation

  • International Monetary Fund, 2003. "Islamic State of Afghanistan: Rebuilding a Macroeconomic Framework for Reconstruction and Growth," IMF Staff Country Reports 2003/299, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/299
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    1. Ross Levine & Norman Loayza & Thorsten Beck, 2002. "Financial Intermediation and Growth: Causality and Causes," Central Banking, Analysis, and Economic Policies Book Series, in: Leonardo Hernández & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Se (ed.),Banking, Financial Integration, and International Crises, edition 1, volume 3, chapter 2, pages 031-084, Central Bank of Chile.
    2. Mr. Vassili Prokopenko & Mr. Paul Holden, 2001. "Financial Development and Poverty Alleviation: Issues and Policy Implications for Developing and Transition Countries," IMF Working Papers 2001/160, International Monetary Fund.
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    Cited by:

    1. International Monetary Fund, 2016. "Islamic Republic of Afghanistan: Ex Post Assessment of Longer-Term Program Engagement," IMF Staff Country Reports 2016/023, International Monetary Fund.
    2. World Bank, 2004. "Trade and Regional Cooperation between Afghanistan and its Neighbors," World Bank Publications - Reports 15547, The World Bank Group.

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