Islamic State of Afghanistan:Rebuilding a Macroeconomic Framework for Reconstruction and Growth

Author: International Monetary Fund

Rebuilding a Macroeconomic Framework for Reconstruction and Growth

Volume/Issue: Volume 2003 Issue 299

Publication date: September 2003

ISBN: 9781451800159

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Topics covered in this book

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Banks and Banking , Exports and Imports , Money and Monetary Policy , International - Economics , Taliban regime , banking arrangement , U , S , dollar , state intervention , balance of payments , Currencies , Commercial banks , Budget planning and preparation , Exports , Exchange rates , Middle East , Europe , Central Asia , Global , donor government , operating budget , implementation capacity , Currency reform

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Summary

In this study, economic developments and achievements, the role of the IMF, strong economic recovery, the formulation and implementation of the government’s budgetary policy, and the progress made in rebuilding fiscal institutions are first discussed in detail. An overview of the challenges and issues of the authorities faced in the area of monetary and exchange rate policy is also provided. The authorities decided that the primary objective of monetary policy should be to achieve and maintain price stability and thus to restore confidence in the national currency.