Following the United States led military intervention in Afghanistan in 2001, the Taliban regime collapsed and a new interim government was established, with a new constitution signed and elections subsequently held in 2004. This publication examines the progress made to rebuild Afghanistan's economy and key institutions in the post-conflict environment, as well as discussing the challenges that remain. Chapters consider a range of issues including: a review of the political landscape, aid assistance programmes and the role of the IMF; recent macroeconomic developments, including policies to tackle poppy cultivation and opium production; the fiscal framework and the budget, including the National Program for Reconstruction; structural reforms, including reforming revenue policy and administration, and revitalising the civil service; monetary and exchange rate policy, including the choice of exchange rate regime; and financial sector developments, including legal aspects, the position of the central bank Da Afghanistan Bank, commercial banking, and the informal hawala system.The financial management contractor, hired by the government under the World Bank project, developed for the ... the procedures and functions specified in the Afghan regulations but only computerized the existing manual system using aanbsp;...
|Author||:||Adam Bennett, International Monetary Fund|
|Publisher||:||International Monetary Fund - 2005-04-15|