IMF Executive Board Praises Afghanistan Steps toward Economic Reforms

superadmin
Thu, Jan 01 1970 5:03 AM
IMF Executive Board Praises Afghanistan Steps toward Economic Reforms

DAB's Senior Management held a press conference on Successful Completion of the Second Assessment of Joint Economic Reforms Program between Afghanistan and IMF on December 10, 2017.

Da Afghanistan Bank Governor Mr. Khalil Sidiq said that the Central Bank of Afghanistan, ministry of finance and the government of Afghanistan as whole have been successful in achieving all quantitative objectives covering the stability of macroeconomic such as curbing inflation, revenue collection, maintaining currency reserves, controlling monetary aggregates, structural reforms, strengthening banking system. Meanwhile, developing regulatory framework for banks, fostering the regime of anti money laundering and financing terrorism and other related objectives determined under ECF program were also part of the objectives. The mentioned achievements were approved and welcomed by IMF's authorities.

Mr. Sidiq has also added that besides aforementioned achievements, the Central Bank of Afghanistan, by taking appropriate actions and policies in respect to controlling domestic prices and curbing inflation, has been well-performed as the inflation rate was reported at 3.77 percent in the country, while this figure is in a satisfied level against regional countries. The inflation rate for Iran registered at 15 percent and for Pakistan it is reported at 7.9 percent. This means the Central Bank of Afghanistan has successfully performed its duties in all aspects.

Latest news

Wed, May 13 2020 8:44 AM
Background image

Letter From Executive Director - IMF To DAB

May 12, 2020

Honorable Wahidullah Nosher

Acting Governor Da Afghanistan Bank

Dear Governor,

I writhe to thank you for sharing with us the outline of your proposed policies to. . .

Sat, Feb 29 2020 3:37 PM
Background image

Second Deputy Governor of DAB Meets with Deputy Governor of the Central Bank of Cambodia

For the purpose of further strengthening of the banking and financial system of the country, Da Afghanistan Bank implements the best and most effective national and international. . .

Sat, Feb 01 2020 9:24 AM
Background image

DAB Delegation Participates in IMF Meeting

Da Afghanistan Bank delegation led by Mr. Wahidullah Nosher, the Acting and first Deputy Governor of Da Afghanistan Bank participated in IMF meeting held between the government of. . .

BACK TO NEWS