Pakistan: 2021 Article IV Consultation, Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, and Requests for Waivers of Applicability and Nonobservance of Performance Criteria and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Pakistan
February 4, 2022
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Economic activity has rebounded strongly on the back of waning COVID-19 infections and expansionary fiscal and monetary policies. However, strong import growth—fueled by the macroeconomic policy mix, higher international commodity prices, and credit growth—have led to a marked deterioration of the external position. The current account deficit has widened, the rupee depreciated markedly, and inflation remains persistently high.
Subject: Economic sectors, Environment, Exports, Greenhouse gas emissions, International organization, International trade, Monetary policy, Public debt, Public enterprises, Revenue administration
Keywords: Central Asia, Covid pandemic, Exports, Global, Greenhouse gas emissions, H. SOE sector reform, Middle East, North Africa, Policy recommendation, Public enterprises, SOE debt, test positivity rate
Pages:
174
Volume:
2022
DOI:
Issue:
027
Series:
Country Report No. 2022/027
Stock No:
1PAKEA2022001
ISBN:
9798400200212
ISSN:
1934-7685
