Publication:
Afghanistan Economic Update, April 2015

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dc.contributor.authorWorld Bank
dc.date.accessioned2015-05-19T15:50:20Z
dc.date.available2015-05-19T15:50:20Z
dc.date.issued2015-04
dc.description.abstractThe political and security transition continues to take a heavy toll on Afghanistan’s economy. Economic growth is estimated to have fallen further to 2 percent in 2014 from 3.7 percent in 2013 and an average of 9 percent during 2003-12. Political uncertainty combined with weak reform progress dealt a further blow in 2014 to investor and consumer confidence, already in a slump from uncertainty building since 2013. As a result, growth in the non-agricultural sectors (manufacturing, construction, and services) is estimated to have fallen further in 2014. The agricultural harvest in 2014 was strong for the third year in a row, but was up only marginally from the bumper year of 2012. Agriculture benefited from robust cereals production thanks both to well distributed, timely rainfall and an increase in irrigated area for wheat cultivation. The growth outlook for 2015 remains weak. Afghanistan faces the dual challenge of restoring confidence in its economic prospects and addressing formidable medium term development challenges. The new government articulated its development vision and a bold reform program through its paper ‘realizing self-reliance: commitments to reforms and renewed partnership’ presented at the London Conference on Afghanistan in December 2014. The paper presents the government’s plans for tackling corruption and building better governance, restoring fiscal sustainability, bolstering private sector confidence, promoting growth, and improving security and political stability. Successful implementation of this bold reform program under difficult circumstances is the major challenge facing Afghanistan.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/04/24424315/afghanistan-economic-update
dc.identifier.doi10.1596/21894
dc.identifier.urihttps://hdl.handle.net/10986/21894
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectPLEDGES
dc.subjectMONETARY POLICY
dc.subjectDEFICIT
dc.subjectDEPOSIT
dc.subjectREGULATORY FRAMEWORK
dc.subjectINTEREST INCOME
dc.subjectNPL
dc.subjectEQUIPMENT
dc.subjectECONOMIC GROWTH
dc.subjectDEPOSITS
dc.subjectBROAD MONEY
dc.subjectFINANCIAL MANAGEMENT
dc.subjectCASH BALANCE
dc.subjectGOVERNMENT INVESTMENTS
dc.subjectINTEREST
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectGOVERNMENT SPENDING
dc.subjectPRODUCERS
dc.subjectEXCHANGE
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectBALANCE OF PAYMENTS
dc.subjectCONSUMER GOODS
dc.subjectLABOR FORCE
dc.subjectLIQUIDITY
dc.subjectRIVER BASINS
dc.subjectEXPORTERS
dc.subjectREVENUES
dc.subjectPORTFOLIO
dc.subjectINCENTIVES
dc.subjectLOAN
dc.subjectTAX
dc.subjectBUDGETING
dc.subjectRESERVE
dc.subjectINFLATION
dc.subjectINTERNATIONAL BANK
dc.subjectCASH FLOWS
dc.subjectFOREIGN INVESTMENTS
dc.subjectBUDGET
dc.subjectBANK LENDING
dc.subjectCENTRAL BANK
dc.subjectMATURITY
dc.subjectECONOMIC ACTIVITY
dc.subjectTRADE BALANCE
dc.subjectOIL PRICES
dc.subjectGLOBAL ECONOMY
dc.subjectCAPITAL NOTE
dc.subjectOIL
dc.subjectCURRENCY
dc.subjectCROWDING OUT
dc.subjectLEGISLATIVE FRAMEWORK
dc.subjectCONSOLIDATION PROCESS
dc.subjectPRIMARY MARKET
dc.subjectINCOME INEQUALITY
dc.subjectIMPORT COSTS
dc.subjectTRADING
dc.subjectRECURRENT EXPENDITURES
dc.subjectOPTIONS
dc.subjectMACROECONOMIC RISKS
dc.subjectCASH RESERVES
dc.subjectDEBT
dc.subjectCAPITAL NOTES
dc.subjectMARKETS
dc.subjectPRIVATE INVESTMENT
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectCASH RESERVE
dc.subjectLOANS
dc.subjectRESERVES
dc.subjectNATURAL RESOURCES
dc.subjectINVESTMENT STRATEGY
dc.subjectSUBSIDIES
dc.subjectFINANCE
dc.subjectEFFICIENCY
dc.subjectTAXES
dc.subjectBANKING SECTOR
dc.subjectINVESTMENT DECISIONS
dc.subjectEXPENDITURE
dc.subjectRESOURCES
dc.subjectPOTENTIAL INVESTORS
dc.subjectEQUITY
dc.subjectINVESTORS
dc.subjectHUMAN CAPITAL
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectECONOMIC IMPACT
dc.subjectGOOD
dc.subjectWAGES
dc.subjectMARKET CONDITIONS
dc.subjectFUTURE
dc.subjectCREDIT
dc.subjectPURCHASING POWER
dc.subjectCPI
dc.subjectINVESTOR CONFIDENCE
dc.subjectPUBLIC EXPENDITURES
dc.subjectEXPENDITURES
dc.subjectCAPITAL FLOWS
dc.subjectBALANCE SHEET
dc.subjectREAL EXCHANGE RATE
dc.subjectENVIRONMENT
dc.subjectMARKET
dc.subjectPOLITICAL UNCERTAINTY
dc.subjectFOREIGN EXCHANGE
dc.subjectECONOMICS
dc.subjectSECURITIES
dc.subjectEXPORTER
dc.subjectTAX REVENUE
dc.subjectCURRENCIES
dc.subjectNON PERFORMING LOANS
dc.subjectTRADE
dc.subjectGOODS
dc.subjectINVESTOR
dc.subjectLAND
dc.subjectSECURITY
dc.subjectPOTENTIAL INVESTMENTS
dc.subjectFINANCIAL MARKET
dc.subjectINVESTMENT
dc.subjectCOMMERCIAL BANKS
dc.subjectINVESTMENT PORTFOLIO
dc.subjectSHARE
dc.subjectINVESTMENT CLIMATE
dc.subjectMICRO-FINANCE
dc.subjectPOVERTY
dc.subjectFINANCIAL MARKETS
dc.subjectINVESTMENT ACTIVITY
dc.subjectTARIFF
dc.subjectPOLITICAL STABILITY
dc.subjectREVENUE
dc.subjectPRIVATE CONSUMPTION
dc.subjectEXTERNAL DEBT
dc.subjectLEVIES
dc.subjectOUTSTANDING AMOUNT
dc.subjectINVESTMENTS
dc.subjectLENDING
dc.subjectTRUST FUND
dc.subjectMATURITIES
dc.subjectEXCHANGE RATE
dc.subjectINSTRUMENT
dc.subjectENVIRONMENTAL
dc.subjectCOMMODITY PRICES
dc.subjectARREARS
dc.subjectPRICES
dc.subjectGUARANTEE
dc.subjectDEBT RELIEF
dc.subjectHUMAN DEVELOPMENT
dc.titleAfghanistan Economic Update, April 2015en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2015-04-27
okr.date.doiregistration2025-05-07T11:26:43.334552Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/2015/04/24424315/afghanistan-economic-update
okr.globalpracticeMacroeconomics and Fiscal Management
okr.guid508611468001509553
okr.identifier.externaldocumentum090224b082e8582d_2_0
okr.identifier.internaldocumentum24424315
okr.identifier.report96045
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/04/27/090224b082e136e3/1_0/Rendered/PDF/Afghanistan0economic0update.pdfen
okr.region.administrativeSouth Asia
okr.region.countryAfghanistan
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicEnvironmental Economics Policies
okr.topicEconomic Theory Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth
okr.topicEnvironment
okr.unitMacro Fiscal Mgmt - GP (GMFDR)
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