On December 17th, 2008, ARTF Donors agreed with the Government of Afghanistan to establish the annual ARTF Incentive Program within the Recurrent Cost Window of the ARTF. The Incentive Program seeks to support the Government’s reform agenda, with a focus on fiscal sustainability and economic governance. The Program is based on an annual automatic decline in baseline ARTF Recurrent Cost Window financing – but offers an offsetting incentive package, based on concrete progress in the reform agenda. The objective is not only to support the reform process but also to allow for increased allocations towards the financing of government’s core development programs through the ARTF Investment Window.
In May 2009, the program completed its first year of implementation: the SY1388 Incentive Program. In July 2009, the second year’s scheme was launched with the conclusion of agreement between the Ministry of Finance and the Working Group on the reform benchmarks for SY1389. Below, please find attached the SY1388 scheme and Technical Review; and the SY1389 scheme document.
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