Islamic Republic of Afghanistan: Staff-Monitored Program

June 2, 2015

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Islamic Republic of Afghanistan: Staff-Monitored Program, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This paper discusses the main features of the Staff-Monitored Program (SMP) for Afghanistan. The SMP is designed to support the authorities’ reform agenda with a framework to address economic vulnerabilities and facilitate engagement with the international community to sustain donor support. The SMP will foster continued close engagement with Afghanistan, address immediate fiscal and banking vulnerabilities, and help manage risks. The SMP will also preserve buffers, maintain low inflation and competitiveness, and lay the basis for high and inclusive growth. Under the SMP, fiscal policy will focus on mobilizing domestic budget revenue to finance projected expenditure and rebuild the treasury’s cash balance.

Subject: Banking, Budget planning and preparation, Central banks, Currencies, Expenditure, International reserves, Money, Public financial management (PFM)

Keywords: Afghan authorities, Budget planning and preparation, Capacity-building effort, CR, Currencies, Donor flow, Global, Governance, Government, International community, International reserves, ISCR, Managing director of the International Monetary Fund, Middle East, Priority sector

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/140
Stock No:

1AFGEA2015001
ISBN:

9781513508962
ISSN:

1934-7685

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