AVA-  Afghanistan’s security environment is continuing to deteriorate, with the increased crime and conflict holding back business and consumer confidence from recovering fully from the impact of the security transition in 2014 that saw large numbers of foreign troops leave. Economic growth has increased moderately from 2014–2015, when growth was the lowest since 2003.
 
Proxy data for the first half of 2017, however, indicates that economic activity is continuing to languish, while business sentiment, gauged from the quarterly business perception surveys, has improved slightly between the first and second quarters of 2017, though it remains lower than in the second quarter of 2016.
 
Because of government’s improved tax administration and better compliance, revenue collection is on track to reach the annual budgeted target. Revenue collection remained strong for the third year in a row, following the abrupt decline in 2014. In the first eight months of 2017, domestic revenues increased by almost 13 percent, year-on-year.
 
“Deterioration in the security environment has had a direct impact on government efforts to sustain and scale up growth and job opportunities, and deliver much needed public services,” said Shubham Chaudhuri, World Bank Country Director for Afghanistan. “We commend government’s determination to establish stability and peace across the country and sustaining these efforts will very much depe

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