Pakistan: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion
March 5, 2003
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This paper examines Pakistan’s Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion. Progress on the structural front through November 2002 was broadly in line with the program, except for the power sector, but weakened in the subsequent months. All quantitative performance criteria for end-September 2002 were met. The authorities have requested a waiver for the nonobservance of the continuous structural performance criterion regarding tax exemptions.
Subject: Banking, Debt service, Expenditure, External debt, Poverty, Poverty reduction strategy, Public debt
Keywords: Africa, broad money growth, CBR revenue collection, CR, Debt service, Global, government, I-PRSP expenditure, ISCR, Middle East, Poverty reduction strategy, PRGF loan, South Asia, welfare indicator survey
Pages:
74
Volume:
2003
DOI:
Issue:
054
Series:
Country Report No. 2003/054
Stock No:
1PAKEA0022003
ISBN:
9781451830491
ISSN:
1934-7685
