IMF Review Mission for Afghanistan Ends Successfully

Mpoya
Sun, Dec 22 2019 10:44 AM
IMF Review Mission for Afghanistan Ends Successfully

IMF Executive Board completed sixth and last review of Afghanistan economic program and called it successful.

On Dec. 19, IMF reviewed and discussed on Afghanistan’s economic developments and achievements report within sixth review program in UN headquarters and while praising Afghanistan’s performances, officially approved the completion of sixth review. Living up to IMF’s objectives set for Afghanistan is among major gains in ensuring stability and organizational reforms.

In 2016, IMF objectives for Afghanistan were defined on the basis of two key concepts: Ensuring economic stability and leading organizational reforms. This scheme was undertaken in six stages that were successfully accomplished by Afghanistan’s government.

This project’s achievements towards maintaining the stability of major economic indicators include keeping inflation at low level, securing balance in the budget, acceleration of revenue collection process and accumulation of foreign exchange reserves. Some of the goals attained in organizational reform area are: improvement and regulation of finance and revenues, consolidation of infrastructures and legal framework for private sector, intensification of anti-corruption efforts and strengthening of national banking sector.

IMF termed the fulfillment of these objectives in the current conditions as a solemn commitment and determination of people of Afghanistan towards reforms and hailed it as a significant stride to economic development, combating poverty and improvement of social conditions in Afghanistan.

Latest news

Sun, Jan 17 2021 11:14 AM
Background image

Trilateral Meeting of Afghanistan, Turkmenistan and Azerbaijan’s Work Teams

January 16, 2021– A trilateral online meeting was held on economic cooperation between Afghanistan, Turkmenistan and Azerbaijan’s working group wherewith a trilateral roadmap was signed. . .

Sun, Jan 17 2021 10:38 AM
Background image

Online Meeting with the Authorities of the Central Bank of Uzbekistan

January 16, 2021–Da Afghanistan Bank held an online meeting with the authorities of the Central Bank of Uzbekistan.

The meeting was aimed at managing and strengthening the relations. . .

Sat, Jan 16 2021 3:59 PM
Background image

DAB’s Acting Governor Met with Representatives of Electronic Payment Companies

January 16, 2021– Mr. Ajmal Ahmady, the Acting Governor of DAB met with representatives of Electronic Payment companies.

In this meeting, representatives of the said companies. . .

BACK TO NEWS