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Developing countries: economic development problems --- Afghanistan --- Social policy. --- Economic conditions. --- Politics and government --- A-fu-han --- Afeganistão --- Affganistan --- Affghanistan --- Afganistan --- Afġānistān Islāmī Jumhoryat --- Afganistėn --- Afganistėn Myslimėn Respublikė --- Afghānistān Islāmī Imārat --- Afghánská islámská republika --- Afghanstan --- Afghanstan Islam Respublikaḣy --- Afhanistan --- Ăfqanıstan --- Ăfqanıstan İslam Respublikası --- Afuganisutan --- Ahyganitã --- Apganistan --- Aphganistan --- Da Afġānistān Islāmī Jumhoryat --- Democratic Republic of Afghanistan --- DRA --- Efẍanistan --- Gweriniaeth Islamaidd Affganistan --- Islamic Emirate of Afghanistan --- Islamic Republic of Afghanistan --- Islamic State of Afghanistan --- Islamikong Republika kan Apganistan --- Islamitiese Republiek van Afghanistan --- Islamska republika Afganistan --- Islamskai︠a︡ Rėspublika Afhanistan --- Isli︠a︡mska republika Afganistan --- Jamhuri-ye Islami-ye Afghanistan --- Jomhūrī-ye Eslāmī-ye Afġānestān --- Jumhūrī-i Islāmī-i Afghānistān --- Republic of Afghanistan --- República Democrática de Afganistán --- Republik Islamek Afghanistan --- Tetã Islãrehegua Ahyganitã --- Афганистан --- Афганистэн --- Афганистэн Мыслимэн Республикэ --- Афганістан --- Ислямска република Афганистан --- Ісламская Рэспубліка Афганістан --- افغانستان --- جمهورى اسلامى افغانستان --- アフガニスタン

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This book, which reflects the IMF staff's work in Afghanistan from early 2002 through the first quarter of 2004, provides an overview of the institutional and economic achievements in Afghanistan in the post-Taliban period, that is, from late 2001 to early 2004. During this period, the staff focused on helping (often under difficult circumstances) the Afghan authorities quickly establish abasic framework for economic management and policies, including rebuilding key institutions. Reconstructing Afghanistan describes the strong economic recovery that took place during 2002 and 2003; traces the formulation and implementation of the government’s budgetary policy; discusses the progress made in rebuilding fiscal institutions; and outlines the challenges and issues that the authorities faced in the area of monetary and exchange rate policy.

Fiscal policy --- Monetary policy --- Afghanistan --- Economic policy. --- Economic conditions. --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Tax policy --- Taxation --- Finance, Public --- Government policy --- A-fu-han --- Afeganistão --- Affganistan --- Affghanistan --- Afganistan --- Afġānistān Islāmī Jumhoryat --- Afganistėn --- Afganistėn Myslimėn Respublikė --- Afghānistān Islāmī Imārat --- Afghánská islámská republika --- Afghanstan --- Afghanstan Islam Respublikaḣy --- Afhanistan --- Ăfqanıstan --- Ăfqanıstan İslam Respublikası --- Afuganisutan --- Ahyganitã --- Apganistan --- Aphganistan --- Da Afġānistān Islāmī Jumhoryat --- Democratic Republic of Afghanistan --- DRA --- Efẍanistan --- Gweriniaeth Islamaidd Affganistan --- Islamic Emirate of Afghanistan --- Islamic Republic of Afghanistan --- Islamic State of Afghanistan --- Islamikong Republika kan Apganistan --- Islamitiese Republiek van Afghanistan --- Islamska republika Afganistan --- Islamskai︠a︡ Rėspublika Afhanistan --- Isli︠a︡mska republika Afganistan --- Jamhuri-ye Islami-ye Afghanistan --- Jomhūrī-ye Eslāmī-ye Afġānestān --- Jumhūrī-i Islāmī-i Afghānistān --- Republic of Afghanistan --- República Democrática de Afganistán --- Republik Islamek Afghanistan --- Tetã Islãrehegua Ahyganitã --- Афганистан --- Афганистэн --- Афганистэн Мыслимэн Республикэ --- Афганістан --- Ислямска република Афганистан --- Ісламская Рэспубліка Афганістан --- افغانستان --- جمهورى اسلامى افغانستان --- アフガニスタン --- Banks and Banking --- Macroeconomics --- Public Finance --- Money and Monetary Policy --- Exports and Imports --- Budgeting --- Foreign Exchange --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- National Budget --- Budget Systems --- Trade: General --- Banking --- Monetary economics --- Budgeting & financial management --- International economics --- Currency --- Foreign exchange --- Currencies --- Budget planning and preparation --- Commercial banks --- Exports --- Money --- Financial institutions --- Public financial management (PFM) --- Exchange rates --- International trade --- Banks and banking --- Budget --- Civil service --- Afghanistan, Islamic Republic of

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This paper assesses Afghanistan’s Third Review Under the Staff-Monitored Program (SMP) and Request for an Extension. Performance during the third quarter of the SMP was strong, particularly considering that the October 2004 presidential elections and the ensuing formation of a new government diverted important human resources. All end-December 2004 indicative quantitative indicators and structural benchmarks were met, except for the benchmark related to the publication in the official gazette of the central bank law and the commercial banking law, as the publication of the latter was delayed for technical reasons.

Fiscal policy --- Monetary policy --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Tax policy --- Taxation --- Finance, Public --- Government policy --- International Monetary Fund --- World Bank --- Internationaal monetair fonds --- International monetary fund --- Afghanistan --- A-fu-han --- Afeganistão --- Affganistan --- Affghanistan --- Afganistan --- Afġānistān Islāmī Jumhoryat --- Afganistėn --- Afganistėn Myslimėn Respublikė --- Afghānistān Islāmī Imārat --- Afghánská islámská republika --- Afghanstan --- Afghanstan Islam Respublikaḣy --- Afhanistan --- Ăfqanıstan --- Ăfqanıstan İslam Respublikası --- Afuganisutan --- Ahyganitã --- Apganistan --- Aphganistan --- Da Afġānistān Islāmī Jumhoryat --- Democratic Republic of Afghanistan --- DRA --- Efẍanistan --- Gweriniaeth Islamaidd Affganistan --- Islamic Emirate of Afghanistan --- Islamic Republic of Afghanistan --- Islamic State of Afghanistan --- Islamikong Republika kan Apganistan --- Islamitiese Republiek van Afghanistan --- Islamska republika Afganistan --- Islamskai︠a︡ Rėspublika Afhanistan --- Isli︠a︡mska republika Afganistan --- Jamhuri-ye Islami-ye Afghanistan --- Jomhūrī-ye Eslāmī-ye Afġānestān --- Jumhūrī-i Islāmī-i Afghānistān --- Republic of Afghanistan --- República Democrática de Afganistán --- Republik Islamek Afghanistan --- Tetã Islãrehegua Ahyganitã --- Афганистан --- Афганистэн --- Афганистэн Мыслимэн Республикэ --- Афганістан --- Ислямска република Афганистан --- Ісламская Рэспубліка Афганістан --- افغانستان --- جمهورى اسلامى افغانستان --- アフガニスタン --- Economic policy. --- Világbank --- Banque internationale pour la reconstruction et le développement --- Mezhdunarodnyĭ bank dli︠a︡ rekonstrukt︠s︡ii i razvitii︠a︡ --- MBRR --- Sekai Ginkō --- Kokusai Fukkō Kaihatsu Ginkō --- Kukche Puhŭng Kaebal Ŭnhaeng --- Segye Ŭnhaeng --- IBRD --- Welt Bank --- Weltbank --- Banque mondiale --- Internationale Bank für Wiederaufbau und Entwicklung --- Banco Internacional de Reconstrucción y Fomento --- Banco Mundial --- B.I.R.D. --- BIRD --- Banca Internațională pentru Reconstrucție și Dezvoltare --- Mirovoĭ Bank --- Svitovyĭ Bank --- Svitovyĭ bank rekonstrukt︠s︡iï i rozvytku --- Verdensbanken --- Międzynarodowy Bank Rozwoju i Odbudowy --- Bank al-Dawlī lil-Inshāʼ wa-al-Taʻmīr --- Bank al-Dawlī --- Världsbanken --- Banca ricostruzione e sviluppo --- Banca di ricostruzione e sviluppo --- BIRF --- I.B.R.D. --- B.I.R.F. --- Shih chieh yin hang --- Shi jie yin hang --- International Bank for Reconstruction and Development --- World Bank Group. World Bank --- Thanākhān Lōk --- Bank Światowy --- Viśva Baiṅka --- Lōka Băṅkuva --- Ngân hàng Thế giới --- Vsemirnyĭ Bank --- Bank Dunia --- Msopʻlio Bankis --- Banca Mondială --- BM --- Prapañca Byāṅku --- Banca mondiale --- Banca internazionale per la ricostruzione e lo sviluppo --- Dhanāgār Bibhab Lok --- البنك الدولي --- بنك الدولي --- 世界銀行 --- 世界银行 --- 国際復興開発銀行 --- Dėlkhiĭn Bank --- Дэлхийн Банк --- Hamashkharhayin Banki --- Svetska Banka --- Wereldbank --- Internationale bank voor herstel en ontwikkeling --- Banks and Banking --- Budgeting --- Money and Monetary Policy --- Foreign Exchange --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- National Budget --- Budget Systems --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Banking --- Budgeting & financial management --- Monetary economics --- Currency --- Foreign exchange --- Budget planning and preparation --- Currencies --- State-owned banks --- Commercial banks --- Public financial management (PFM) --- Money --- Financial institutions --- Real exchange rates --- Banks and banking --- Budget --- Afghanistan, Islamic Republic of