IMF Staff Country Reports

Pakistan: Selected Issues and Statistical Appendix

Publication Date:

November 17, 2005

Electronic Access:

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Summary:

This Selected Issues paper on Pakistan reports that fiscal adjustment, supported by official and private inflows and debt relief, has led to a substantial improvement in public and external debt indicators. International reserves have recovered close to US$10 billion. Financial sector reforms have resulted in a healthy banking system. With these achievements, vulnerabilities have been greatly reduced, and Pakistan’s prospects look favorable. A continuation of prudent fiscal policies, as anchored by the financial responsibility law, is needed to ensure that debt ratios continue on their downward trajectory.

Series:

Country Report No. 2005/408

Subject:

Banking Commercial banks Corporate sector Credit Economic sectors Financial institutions Financial markets Market capitalization Money Public debt