02024cas a2200241 a 4500 AALejournalIMF009877 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451800371 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Islamic Republic of Afghanistan : 2007 Article IV Consultation and Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion; Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Islamic Republic of Afghanistan. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (99 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Afghanistan has made substantial progress toward macroeconomic stability, but structural reforms need to be accelerated. The uncertainty affecting the fiscal outlook warrants a prudent expenditure policy. Monetary policy has been instrumental in reducing inflation and safeguarding external stability, but it needs to be strengthened. The government should resist pressures for expanding its role in the economy and focus on fostering competition and improving economic governance. The current exchange rate level appears in line with fundamentals. The government should increase its efforts to improve Afghanistan's statistical database. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/076 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/076/002.2008.issue-076-en.xml IMF e-Library