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| IMF Headquarters in Washington DC [FILE PHOTO] |
By RFE/RL
Kabul: The International Monetary Fund (IMF) says it has reached an agreement with
Afghan authorities on a series of reforms that need to be implemented so the
country can receive its next aid tranche.
The announcement was made following a two-week visit to Afghanistan by an
IMF team.
The IMF granted Afghanistan a $133.6 million credit line in November 2011
to assist the country as foreign military forces withdraw during 2014.
The IMF has so far disbursed two installments totaling around $36 million.
An IMF statement said the IMF team had reached "understandings"
with Afghan authorities on a reform path.
The initiatives include submission of new laws to parliament, the
strengthening of the capital of banks, the strengthening of customs measures,
and preparations to implement a value-added tax.
Copyright (c) 2013. RFE/RL, Inc. Reprinted with the
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