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Afghanistan Development Update, July 2020: Surviving the Storm

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dc.contributor.authorWorld Bank
dc.date.accessioned2020-07-14T15:01:52Z
dc.date.available2020-07-14T15:01:52Z
dc.date.issued2020-07
dc.description.abstractThe global COVID-19 crisis has compounded the daunting challenges currently facing Afghanistan. Afghanistan has officially recorded 31,238 cases and 733 deaths as of end-June, with actual cases and fatalities expected to be far higher. The number of cases is increasing rapidly, with no sign that the pandemic is under control. With major disruptions to domestic economic activity, regional trade, and remittance flows, the economy is now contracting rapidly. With declining incomes and increasing food prices, hardship is increasing, with the poverty rate expected to increase to up to 72 percent over 2020. Due to reduced trade, administrative disruptions, and declining economic output, government revenues fell by more than a third below target levels in May, placing major pressure on government finances. COVID-19 has hit Afghanistan in the midst of a difficult political transition, an intensifying conflict, and significant uncertainty regarding future grant support.en
dc.identifierhttp://documents.worldbank.org/curated/en/132851594655294015/Afghanistan-Development-Update-Surviving-the-Storm
dc.identifier.doi10.1596/34092
dc.identifier.urihttps://hdl.handle.net/10986/34092
dc.languageEnglish
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.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTLOOK
dc.subjectFISCAL TRENDS
dc.subjectMONETARY POLICY
dc.subjectTRADE DEFICIT
dc.subjectPOVERTY REDUCTION
dc.subjectHOUSEHOLD WELFARE
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectVALUE ADDED TAX
dc.subjectTAX REVENUE
dc.subjectINCOME DISTRIBUTION
dc.subjectDISTRIBUTIONAL IMPACT
dc.titleAfghanistan Development Update, July 2020en
dc.title.subtitleSurviving the Stormen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleAfghanistan Development Update, July 2020: Surviving the Storm
okr.date.disclosure2020-07-13
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/132851594655294015/Afghanistan-Development-Update-Surviving-the-Storm
okr.guid132851594655294015
okr.identifier.doi10.1596/34092
okr.identifier.externaldocumentum090224b087b8b818_1_0
okr.identifier.internaldocumentum32237227
okr.identifier.report150814
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/132851594655294015/pdf/Afghanistan-Development-Update-Surviving-the-Storm.pdfen
okr.region.administrativeSouth Asia
okr.region.countryAfghanistan
okr.themeEconomic management :: Analysis of economic growth
okr.topicHealth, Nutrition and Population::Disease Control & Prevention
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.unitN/A
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