|World Bank grant to revitalize the private sector: The World Bank approved a $122 million grant for the Afghanistan New Market Development Project. The project will pilot a business development program in the four major hubs of economic activity: Kabul, Mazar-e-Sharif, Jalalabad, and Herat. View details.
View previous features
The highlight from the Asian Development Outlook 2011:
Source: Ministry of Finance.
Despite deteriorating security, the economy grew steadily in 2010. Inflation increased (toward fiscal year-end), driven largely by import prices. The fiscal position continued to improve but a run on deposits at the leading private bank revealed a significant macroeconomic risk. The government presented an Afghan-led plan for development at the Kabul Conference of donors, but low implementation capacity, weak public sector governance, and perceptions of widespread corruption raise concerns over implementation. Sustainable, self-reliant growth requires significant improvements in security, progress in the Afghan-led reconciliation process, and a better private sector environment. Read more.
More economic and social indicators for Afghanistan from the World Bank's World Development Indicators online.
The United Nations Development Programme's Human Development Report program has prepared a series of reports on Afghanistan.
Partner Institutions and Afghanistan