Islamic Republic of Afghanistan : Second Review Under the Staff-Monitored Program-Press Release; and Staff Report.
This paper discusses economic developments, outlooks, and risks in Afghanistan. The economy is in difficultly. Deepening uncertainty about the political transition following the 2014 presidential election, corruption and weak governance, and a weakening security environment have complicated the impl...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2016.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2016/120 |
| Online Access: | Full text available on IMF |
| Summary: | This paper discusses economic developments, outlooks, and risks in Afghanistan. The economy is in difficultly. Deepening uncertainty about the political transition following the 2014 presidential election, corruption and weak governance, and a weakening security environment have complicated the implementation of reforms, undermined confidence and economic activity, and contributed to increased emigration. The overall budget had a deficit in 2015 as a shortfall in grants more than offset higher-than-projected revenue and lower spending. The trade deficit remained large, but substantial inflows of foreign aid kept the current account in surplus. The financial sector remains fragile and plays a limited intermediation role. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (51 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |