{
  "title": "Pakistan: Third Review Under the Stand-By Arrangement",
  "publication": "IMF Staff Country Reports, January 7, 2010",
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  "summary": "This paper discusses key findings of the Third Review Under the Stand-By Arrangement for Pakistan. Program implementation has been uneven but key reforms are moving forward.",
  "authors": [
    "Arrangement This"
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  "publishDate": "2010-01-07",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Paper discusses key findings of the Third Review Under the Stand-By Arrangement for Pakistan.\n- Program implementation has been uneven but key reforms are moving forward.\n- All end-September 2009 quantitative performance criteria were met, with the exception of the ceiling on the overall budget deficit.\n- The tax revenue foregone in September was largely recovered in October.\n- The wage bill overrun was self-correcting.\n- On these grounds, the authorities request a waiver of nonobservance for the related end-September 2009 performance criterion.\n- IMF staff recommends the completion of the program review.\n- Publication date on the landing page: January 7, 2010."
    },
    {
      "heading": "Key findings and program performance",
      "content": "- Quantitative performance criteria:\n  - All end-September 2009 quantitative performance criteria were met except the ceiling on the overall budget deficit.\n- Fiscal adjustments and offsets:\n  - Tax revenue foregone in September was largely recovered in October.\n  - Wage bill overrun described as self-correcting.\n- Policy actions and reform status:\n  - Program implementation described as uneven.\n  - Key reforms are moving forward.\n- Institutional request and staff response:\n  - Authorities request a waiver of nonobservance for the related end-September 2009 performance criterion.\n  - IMF staff recommends completion of the program review."
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subject: Banking, Credit, Expenditure, External debt, Foreign exchange, Money, Public debt\n- Keywords: amendments to the State Bank of Pakistan, CR, Credit, Global, government, government employee, government policy, ISCR, reform project, staff appraisal, tax, timely disbursement\n\n---\n\n Content in this bundle\n\n- Pakistan: Third Review Under the Stand-By Arrangement; IMF Country Report 10/06; December 14, 2009\n  - Pakistan: Third Review Under the Stand-By Arrangement; IMF Country Report 10/06; December 14, 2009 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Pakistan: Third Review Under the Stand-By Arrangement; IMF Country Report 10/06; December 14, 2009 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/pakistan-third-review-under-the-stand-by-arrangement-23517"
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    "Authors: Arrangement This",
    "Published: January 7, 2010",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451830767.002",
    "Paper discusses key findings of the Third Review Under the Stand-By Arrangement for Pakistan.",
    "Program implementation has been uneven but key reforms are moving forward.",
    "All end-September 2009 quantitative performance criteria were met, with the exception of the ceiling on the overall budget deficit.",
    "The tax revenue foregone in September was largely recovered in October.",
    "The wage bill overrun was self-correcting.",
    "On these grounds, the authorities request a waiver of nonobservance for the related end-September 2009 performance criterion.",
    "IMF staff recommends the completion of the program review.",
    "Publication date on the landing page: January 7, 2010.",
    "Quantitative performance criteria:",
    "Fiscal adjustments and offsets:",
    "Policy actions and reform status:",
    "Institutional request and staff response:",
    "Subject: Banking, Credit, Expenditure, External debt, Foreign exchange, Money, Public debt",
    "Keywords: amendments to the State Bank of Pakistan, CR, Credit, Global, government, government employee, government policy, ISCR, reform project, staff appraisal, tax, timely disbursement",
    "**Pakistan: Third Review Under the Stand-By Arrangement; IMF Country Report 10/06; December 14, 2009**"
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