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Afghan Finance Minister meets EU special envoy

in Afghan Business

Afghan Finance Minister meets EU special envoy

Afghan Finance Minister Eklil Hakimi met Franz Michael Melbin, European Union (EU) special envoy and head of the EU delegation to Afghanistan.

According to a press release from Ministry of Finance (MoF), a number of issues were discussed in the meeting including preparation for the Brussels Conference on Afghanistan, plans for the upcoming event on Afghanistan at the World Bank/IMF spring meetings and the recently held meeting between the IMF and the Afghan government in Istanbul.

Minister Hakimi assured Melbin of the preparations of Afghan government for the Brussels conference and added that the concerned ministries were reporting monthly to the Cabinet regarding the progress on the conference.

The Ministerial Conference on Afghanistan in Brussels is slated for  4-5 October. The conference is an important opportunity to support the Afghan government as it advances its reform and government agenda. Progress on these Afghan reform commitments is crucial to enabling the donor community to extend extraordinary commitments of security and development assistance to Afghanistan.

In preparation for the Conference, a side event on Afghanistan is scheduled to take place at the upcoming World Bank/IMF spring meetings in April.

The statement adds that Minister Hakimi shared details of the recent IMF meeting, which was held in Istanbul on 24 February-04 March 2016 to discuss the economic reform agenda, the completion of the second and final review of the program, and to start engagement on a medium-term macroeconomic reform.

Afghan authorities negotiated a 9-month Staff Monitored Program (SMP) with the IMF in early 2015. The first review of the SMP was completed in late October, which assessed benchmarks for end-June 2015.

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