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Afghanistan Reconstruction Trust Fund (ARTF) : SY1390 third quarterly report (September 21, 2011 to December 20, 2011) (Inglês)

In the first section of this report the author provide an update on the Afghanistan Reconstruction Trust Funds (ARTF's) financial activities during the third quarter of SY1390 (September 20 to December 20, 2011). This section also includes an update on the latest new commitments made, as well as an update on the draft financing strategy for SY1391-1393. By December 21, 2011, US$316 million had been paid in from donors, including Norway, Australia, the Netherlands, Sweden and the EC. During the month of December legal agreements were signed for an additional value of US$563 million from the US, the UK, Germany, Denmark, Poland, Italy, Spain, Canada and Estonia, resulting in a total amount of US$879 million in new contributions to date during SY1390. The new ARTF financing strategy will, once approved, set the overarching strategic direction of the fund, for recurrent cost expenditure, investment financing as well as monitoring and results reporting. The framework covers five priority sectors which correspond to the Government's development clusters: Agriculture, Rural Development, Infrastructure, Human Development and Governance/Public Sector Capacity. The ARTF Investment Window is based around a core set of National Priority Programs delivering services and infrastructure nationally. The Administrator introduced a new draft Financing Strategy for SY1391-1393. The financing strategy had previously been discussed with the Ministry of Finance (MoF) and the strategy group. The draft financing strategy puts forward a three-year program for a total value of $3.2 billion, including $826 million for the Recurrent Cost Window and $2.4 billion for the investment window. This constitutes a significant increase in on-budget funding, which enables government leadership of the long-term planning of the development agenda based on predictable funding levels.


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    Afghanistan Reconstruction Trust Fund (ARTF) : SY1390 third quarterly report (September 21, 2011 to December 20, 2011)

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