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1、AFGHANISTANDEVELOPMENTUPDATEPublicDisclosureAuthorizedPublicDisclosureAuthorizedPublicDisclosureAuthorizedNovember2017PublicDisclosureAuthorizedDisclaimer:ThispublicationisaproductofthestaffoftheInternationalBankforReconstructionandDevelopment/TheWorldBank.Thefindings,interpretations,andconclusi
2、onsexpressedinthispaperdonotnecessarilyreflecttheviewsoftheExecutiveDirectorsoftheWorldBankortheGovernmentstheyrepresent.TheWorldBankdoesnotguaranteetheaccuracyofthedataincludedinthiswork.Theboundaries,colors,denominations,andotherinformationshownonanymapinthisworkdonotimplyanyjudgmentontheparto
3、ftheWorldBankconcerningthelegalstatusofanyterritoryortheendorsementoracceptanceofsuchboundaries.CopyrightStatement:Thematerialinthispublicationiscopyrighted.Copyingand/ortransmittinganyorallofthisworkwithoutpermissionmaybeaviolationofapplicablelaw.TheInternationalBankforReconstructionandDevelopm
4、ent/TheWorldBankencouragesdisseminationofitsworkandwillnormallypromptlygrantpermissiontoreproduceportionsofthework.Forpermissiontophotocopyorreprintanypartofthiswork,pleasesendarequestwithcompletedetailstotheCopyrightClearanceCenter,Inc.,222RosewoodDrive,Danvers,MA01923,USA;telephone978-750-8400
5、;fax978-750-4470;http://www.copyright.com/.Allotherqueriesrelatedtorightsandlicenses,includingsubsidiaryrights,shouldbeaddressedtotheOfficeofthePublisher,TheWorldBank,1818HStreetNW,Washington,DC20433,USA;fax202-522-2422;e-mailpubrights@worldbank.org.PhotoCredits:Cover:©TheWorldBank,2017AFGHANIST
6、ANDEVELOPMENTUPDATENovember2017PrefaceTheAfghanistanDevelopmentUpdate,whichispublishedtwiceayear,providesacomprehensivereportofthestateoftheAfghaneconomy.Itcoversrecenteconomicdevelopmentsandoutlinesthemedium-termoutlookforAfghanistan.Eacheditionincludesasectionthatprovidesin-depthanalysisononeo
7、rmorespecificfocustopics.Thelackofhigh-frequencydatainAfghanistanmakesitdifficulttotrackeconomicactivitiesonamonthlyorquarterlybasis.Thus,proxyindicatorsareutilizedwhentheirqualityisdeemedsatisfactory.Effortsaremadetoensuret
