Afghanistan Fiscal Policy
© 2008 International Monetary Fund
February 2008 IMF Country Report No. 08/71
Islamic Republic of Afghanistan: Selected Issues
This Selected Issues paper for Islamic Republic of Afghanistan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on January 30, 2008. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of Islamic Republic of Afghanistan or the Executive Board of the IMF. The policy of publication of staff reports and other documents by the IMF allows for the deletion of market-sensitive information. To assist the IMF in evaluating the publication policy, reader comments are invited and may be sent by e-mail to publicationpolicy@imf.org. Copies of this report are available to the public from International Monetary Fund ● Publication Services 700 19th Street, N.W. ● Washington, D.C. 20431 Telephone: (202) 623 7430 ● Telefax: (202) 623 7201 E-mail: publications@imf.org ● Internet: http://www.imf.org Price: $18.00 a copy
International Monetary Fund Washington, D.C.
INTERNATIONAL MONETARY FUND ISLAMIC REPUBLIC OF AFGHANISTAN Selected Issues Prepared by Mohamad Elhage, Mitra Farahbaksh, Jaroslaw Wieczorek (all MCD), Justin Tyson (FAD), and Magnus Saxegaard (PDR) Approved by Middle East and Central Asia Department January 30, 2008 Contents Page
I. Fiscal Sustainability Issues in Afghanistan: Coping with Security Pressures and External Aid ............................................................................................................................. 3 A. The Afghan Context....................................................................................................... 3 B. Defining Fiscal Sustainability: A Practical Approach ................................................... 4 C. Additional
February 2008 IMF Country Report No. 08/71
Islamic Republic of Afghanistan: Selected Issues
This Selected Issues paper for Islamic Republic of Afghanistan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on January 30, 2008. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of Islamic Republic of Afghanistan or the Executive Board of the IMF. The policy of publication of staff reports and other documents by the IMF allows for the deletion of market-sensitive information. To assist the IMF in evaluating the publication policy, reader comments are invited and may be sent by e-mail to publicationpolicy@imf.org. Copies of this report are available to the public from International Monetary Fund ● Publication Services 700 19th Street, N.W. ● Washington, D.C. 20431 Telephone: (202) 623 7430 ● Telefax: (202) 623 7201 E-mail: publications@imf.org ● Internet: http://www.imf.org Price: $18.00 a copy
International Monetary Fund Washington, D.C.
INTERNATIONAL MONETARY FUND ISLAMIC REPUBLIC OF AFGHANISTAN Selected Issues Prepared by Mohamad Elhage, Mitra Farahbaksh, Jaroslaw Wieczorek (all MCD), Justin Tyson (FAD), and Magnus Saxegaard (PDR) Approved by Middle East and Central Asia Department January 30, 2008 Contents Page
I. Fiscal Sustainability Issues in Afghanistan: Coping with Security Pressures and External Aid ............................................................................................................................. 3 A. The Afghan Context....................................................................................................... 3 B. Defining Fiscal Sustainability: A Practical Approach ................................................... 4 C. Additional
References: 2004/05 Total number of: Banks Private State-owned Foreign-owned subsidiaries 2005/06 2006/07 Sep. 2007 11 4 3 4 Figure II.1. Islamic Republic of Afghanistan: Banking Sector 's Assets and Deposits, 2004/05-September 2007 Banking Sector 's Assets (In percent of total) Private Stated-owned Foreign-owned subsidiaries