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International Monetary Fund
This report examines the recent economic developments and prospects, and the role of the IMF in the reconstruction process for the Islamic State of Afghanistan. Since January 2002, the IMF staff has been heavily involved in assisting the Afghan authorities rebuild key economic institutions and implement macroeconomic policies. The Monetary and Exchange Affairs Department, Fiscal Affairs Department, and Statistics Department have started substantial technical assistance programs. Critical areas of technical assistance are the rebuilding of the payments system, the introduction of a new currency, central bank modernization, expenditure management, and revenue mobilization.
International Monetary Fund. Middle East and Central Asia Dept.

Our Afghan authorities thank staff for constructive policy dialogue, and the Executive Board and management for their continuous support. The authorities are in broad agreement with staff recommendations on policy priorities going forward. Performance Under the ECF Arrangement All end-June quantitative performance criteria and all end-September indicative targets were met, as were all structural benchmarks, albeit one with a brief delay. The authorities believe that the economy’s overall good performance under the ECF-supported program, the program’s full

International Monetary Fund
The statistical data on gross domestic product, savings-investment balances, opium production and prices, agricultural crop production, land use, production and consumption of electricity, and production and imports of cement in Afghanistan have been detailed. Private industrial production, main industrial organizations, transportation, number of post offices, telephone services, sectoral distribution of active population, national consumer price index, list of public enterprises, central government employment, core budget, monetary survey, external debt, and real and nominal effective exchange rates and other related statistics have been provided in the paper.
International Monetary Fund. Middle East and Central Asia Dept.

movements in global food prices. Trade performance remained weak. Temporary border closing and some import substitution contributed to lower imports and thereby trade balance improvement. The pick-up in exports of goods, due to a favorable harvest and improved shipment capacity, was more than offset by a fall in exports of services. Credit to the economy declined by 3.8 percent y-o-y in December, reflecting lower demand for trade credit and a DAB-mandated write-off of NPLs. Figure 1. Islamic Republic of Afghanistan: Real Sector Sources: Afghan authorities