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Afghanistan Development Brief : Highlights of Afghanistan Fiscal Year 1398 Budget (الإنجليزية)

In this note we provide an assessment of the technical aspects of budget and discuss the implications of the medium-term fiscal framework. The budget document is technically sound and includes some significant improvements in compliance with international best practices. The medium-term fiscal implications of the budget are concerning, however, with declining aid leaving little fiscal space for development and O&M spending over the medium term as...
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