Pakistan : Poverty Reduction Strategy Paper

Publication Date: February 09, 2004
Electronic Access: Free Full text (PDF file size is 9,840KB).
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Summary: To stimulate private sector credit expansions in Pakistan, the monetary policy has been accommodative while financial sector reforms have brought about a lowering of intermediation costs and bank spreads. Consequently, the weighted average lending rates have declined from 14.6 percent in June 1999 to 7.58 percent in June 2003. Likewise, the weighted average 6-month T-bills yield has declined from 10.60 percent in June 1999 to 1.66 percent in June 2003. Considerable progress has been made in terms of creating a legal and institutional framework.
Series: Country Report No. 04/24
Subject(s): Poverty Reduction Strategy Papers | Pakistan

Publication Date: February 09, 2004
ISBN/ISSN: 9781451830460/1934-7685 Format: Paper
Stock No: 1PAKEA0012004 Pages: 152
US$15.00 (Academic Rate:
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