Afghanistan: From Transition to Transformation II Senior Officials Meeting
July 11, 2013
Though transition has slowly started to impact the economy, Afghanistan’s main challenges go beyond the transition economics. Challenges to development in the post-transition period will be substantial; ranging from stubbornly high poverty and persistent conflict and violence, to increasing labor market pressures and low human capital. The decline in foreign aid and Afghanistan’s growing need for foreign exchange earnings underlines the importance of an appropriate growth strategy.
This presentation, made by the World Bank at the Senior Officials Meeting on July 3, 2013, confirms that agriculture and mining could be the two potential sources of an inclusive, high growth in Afghanistan in the transformation decade. However, vital issues such land, water and governance remain central to Afghanistan’s economic development.
- Development Partners Support the Creation of Global Financing Facility to Advance Women’s and Children’s Health
- 73 Countries and Over 1,000 Businesses Speak Out in Support of a Price on Carbon
- World Bank Group to Nearly Double Funding in Ebola Crisis to $400 Million
- International Food Prices Hit Four-Year Low
- Speech by World Bank Group President Jim Yong Kim at Howard University: “Boosting Shared Prosperity”