Pakistan: 2024 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Pakistan
IMF Staff Country Reports, October 10, 2024
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- Pakistan: 2024 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Pakistan
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Bibliographic details
- Published: October 10, 2024
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400290992.002
Overview and Context
- Publication date: October 10, 2024
- Series: Country Report No. 2024/310
- Volume: 2024; Issue: 310; Pages: 151
- DOI: https://doi.org/10.5089/9798400290992.002
- ISBN: 9798400290992; ISSN: 1934-7685
- Subjects: External debt, Public debt, Revenue administration, Tariffs, Taxes
- Keywords: exchange rate movement, Global, governance arrangement, Pakistani authorities, reform agenda, SBP's effort, Tariffs
- Additional note: IMF eLibrary offers over 25,000 IMF publications in multiple formats.
Key Findings from the Article IV Consultation
- Pakistan has taken key steps to restoring economic stability with consistent policy implementation under the 2023–2024 Stand-by Arrangement (SBA).
- Discussions centered on Pakistan’s medium-term prospects; these discussions helped inform policies and define program objectives.
- The new government formed after the February elections has continued efforts to strengthen economic conditions.
- The authorities are embarking on a multi-year home-grown reform program to achieve resilient and inclusive economic growth.
Program Objectives and Policy Priorities
- The multi-year home-grown reform program aims to:
- reinforce the authorities’ efforts to bolster policy credibility and entrench stability;
- accelerate structural reforms to strengthen public finances;
- improve the provision of critical public services;
- create a favorable environment for private-led growth.
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Source: Pakistan: 2024 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Pakistan (IMF Staff Country Reports 2024, 310), October 10, 2024.
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