{
  "title": "Pakistan: Request for Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan",
  "publication": "IMF Staff Country Reports, December 2, 2008",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/pakistan-request-for-stand-by-arrangement-staff-report-press-release-on-the-executive-board-22517",
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  "summary": "Pakistan’s authorities have requested a 23-month Stand-By Arrangement for SDR 5.169 billion in support of their macroeconomic stabilization program.",
  "authors": [
    "Arrangement-Staff Report"
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  "publishDate": "2008-12-02",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Program request and objectives",
      "content": "- Pakistan’s authorities have requested a 23-month Stand-By Arrangement for SDR 5.169 billion in support of their macroeconomic stabilization program.\n- The authorities’ program envisages a tightening of fiscal and monetary policies to:\n  - bring down inflation, and\n  - reduce the external current account deficit to more sustainable levels.\n- The pace of adjustment seeks to balance the need to address the current macroeconomic imbalances with protecting social stability."
    },
    {
      "heading": "Policy measures and reforms envisaged",
      "content": "- Fiscal and monetary policy tightening.\n- Important reforms in:\n  - tax policy and administration, and\n  - public financial management."
    },
    {
      "heading": "Analytical focus and subjects covered",
      "content": "- Subject areas highlighted: Balance of payments, Credit, Current account deficits, Expenditure, External debt, Foreign exchange, Public debt.\n- Keywords indicating focus: adjustment plan, CR, Current account deficits, financial asset, financial support, financing, fund, fund credit, Global, government, government cash, ISCR, liquidity position, Pakistan.\n\n---\n\n Content in this bundle\n\n- cr08364\n  - cr08364 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr08364 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/pakistan-request-for-stand-by-arrangement-staff-report-press-release-on-the-executive-board-22517"
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    "Authors: Arrangement-Staff Report",
    "Published: December 2, 2008",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451830736.002",
    "Pakistan’s authorities have requested a 23-month Stand-By Arrangement for SDR 5.169 billion in support of their macroeconomic stabilization program.",
    "The authorities’ program envisages a tightening of fiscal and monetary policies to:",
    "The pace of adjustment seeks to balance the need to address the current macroeconomic imbalances with protecting social stability.",
    "Fiscal and monetary policy tightening.",
    "Important reforms in:",
    "Subject areas highlighted: Balance of payments, Credit, Current account deficits, Expenditure, External debt, Foreign exchange, Public debt.",
    "Keywords indicating focus: adjustment plan, CR, Current account deficits, financial asset, financial support, financing, fund, fund credit, Global, government, government cash, ISCR, liquidity position, Pakistan.",
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