Keywords
DEVELOPMENT ASSISTANCECONSUMER CONFIDENCE
OPEN MARKET
ACCESS TO FINANCE
OPERATING EXPENDITURES
ACCOUNTABILITY
PLEDGES
MANDATES
CENTRAL BANK
PRODUCTIVITY
GUARANTEE AGENCY
INTERNATIONAL FINANCE
TAX REVENUE
DEBT STOCK
TERMS OF TRADE
INTERNAL CONTROLS
MICROFINANCE INSTITUTIONS
CPI
EDUCATION LEVELS
PRODUCTIVITY GROWTH
PRIVATE INVESTMENT
INVESTMENT PORTFOLIO
PUBLIC FINANCES
INTERNATIONAL BANKS
AUDITS
LOCAL CURRENCY
PUBLIC SERVICE PROVISION
ECONOMIC SECTOR WORK
INVESTMENT VOLUME
NATIONAL INCOME
URBAN DEVELOPMENT
INTERNATIONAL DEVELOPMENT
TREATY
FIXED INVESTMENT
TAX
TAX POLICY
GDP PER CAPITA
REAL GDP
DECISION MAKING
COMMODITY PRICE
FINANCIAL SECTOR
TOTAL DEBT
ASSETS
TECHNICAL ASSISTANCE
BINDING CONSTRAINT
RULE OF LAW
PROFITABILITY
ENROLLMENT
FOREIGN EXCHANGE RESERVES
CAPACITY BUILDING
ADVISORY SERVICES
DEPOSIT
SUPPLY CHAINS
DEPOSITS
TRADE DEFICIT
BANKING LAW
RESERVE
OUTREACH
BANK LENDING
AGRICULTURE
ECONOMIC REFORMS
CAPITAL STOCK
GREEN REVOLUTION
NATURAL RESOURCES
CONSOLIDATION
JUDICIAL REFORM
COMMODITY PRICES
BROAD MONEY
M2
HOLDINGS
BID
REGULATORY OVERSIGHT
BANKING SYSTEM
INCOME GROWTH
PHYSICAL CAPITAL
LOCAL ECONOMY
SUSTAINABLE GROWTH
LOAN PORTFOLIO
BANKRUPTCY
INVESTMENT CLIMATE
ELECTRONIC PAYMENT SYSTEM
WHOLESALE PRICES
TRANSPARENCY
EXCHANGE RATES
FISCAL DEFICIT
TRADE BALANCE
NATIONAL SECURITY
PRODUCTION CAPACITY
BRANCH NETWORK
RISK PERCEPTION
ACCOUNTING
AGRICULTURAL OUTPUT
INTERNATIONAL RESERVES
CAPITAL INFLOWS
HUMAN CAPITAL
EXPORTS
TRADING
CREDIT ANALYSIS
EXPORT EARNINGS
ECONOMIC ANALYSIS
LACK OF INFORMATION
COMMERCIAL LOANS
EXPLOITATIONS
ECONOMIC OPPORTUNITIES
EXPENDITURES
CROWDING OUT
BALANCE OF PAYMENTS
ECONOMIC ACTIVITIES
EXTERNAL DEBT
FINANCING NEED
RESERVES
COMMERCIAL BANK
GOVERNMENT INVESTMENTS
POLITICAL ECONOMY
MONETARY CONTROL
COMMERCIAL LOAN
BUSINESS CONFIDENCE
BANKING SECTOR
MICROFINANCE SECTOR
REAL SECTOR
WITHDRAWAL
CURRENCY
FLOATING EXCHANGE RATE
OUTSTANDING LOANS
ADMINISTRATIVE PROCEDURES
MINES
PRIVATIZATION
INTERNATIONAL DEVELOPMENTS
LABOR FORCE
LOAN-TO-DEPOSIT RATIO
FOREIGN EXCHANGE MARKET
EXCHANGE RATE
CURRENT ACCOUNT
FAMILIES
MICROFINANCE
GOVERNMENT SPENDING
CIVIL SERVICE
EMPLOYMENT
GOVERNMENT FINANCE
ECONOMIC GROWTH
OIL
FORECASTS
FAMILY BUSINESSES
LOSS OF CONFIDENCE
LABOR MARKET
ENVIRONMENTAL
DEVELOPMENT STRATEGY
FINANCIAL PRODUCTS
AUCTIONS
WAGES
GOVERNMENT BUDGET
ECONOMIC OUTLOOK
BANK FINANCING
SOURCE OF INCOME
BENCHMARKS
REVENUE MOBILIZATION
ISLAMIC BANKING
CREDITS
EXPENDITURE
ECONOMICS
ADVICE TO GOVERNMENT
FINANCIAL MARKETS
FOREIGN EXCHANGE
POPULATION GROWTH
CORRUPTION
RURAL ACCESS
FINANCING NEEDS
INVESTMENT FINANCING
FARMERS
EXPORTER
ELECTRONIC PAYMENT
DONOR FUNDING
INFLATION
AGRICULTURAL SECTOR
RATE OF RETURN
REMITTANCE
OPEN MARKET OPERATIONS
PUBLIC FINANCE
ECONOMIC DEVELOPMENTS
PUBLIC INVESTMENTS
TRUST FUND
TELECOMMUNICATIONS
ECONOMIC ACTIVITY
HOUSEHOLDS
ECONOMIC AGENTS
FOREIGN CURRENCY
PUBLIC SPENDING
DEPOSIT LIABILITIES
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http://hdl.handle.net/10986/16510Abstract
One year into the transition process,
 Afghanistan sustains robust economic growth. An exceptional
 harvest, supported by the launch of first large-scale mining
 activities, increased real gross domestic product (GDP)
 growth from 7.3 percent to an estimated 11.8 percent in
 2012. Inflation dropped to 6.4 percent and continuing high
 levels of aid helped to build up further international
 reserves. The medium-term outlook is tainted by uncertainty.
 Political and security uncertainties are expected to limit
 private-sector growth in the coming years. Increased public
 spending, however, will continue to fuel demand for services
 and construction through 2013. The transition process
 exposes Afghanistan to a number of serious risks, such as
 rising financing for public service provision. Security
 considerations aside, promoting sources of inclusive
 economic growth, especially agriculture, and strengthening
 domestic revenue mobilization will be important to mitigate
 some of these risks. In particular, a stronger reform effort
 in areas such as tax policy and customs is required to
 safeguard past gains in development. Finally, improvements
 in the legal and regulatory environment of mining could help
 to secure planned investment.Date
2014-01-06Type
Publications & Research :: Working PaperIdentifier
oai:openknowledge.worldbank.org:10986/16510http://hdl.handle.net/10986/16510
Copyright/License
CC BY 3.0 IGOCollections
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