Pakistan: Second Review Under the Extended Arrangement and Request for Waivers of Nonobservance of Performance Criteria

March 28, 2014

Summary

This paper assesses Pakistan’s Second Review Under the Extended Arrangement and Request for Waivers of Non-Observance of Performance Criteria. Discussions focused on progress in addressing the main macroeconomic challenges facing the country and remedial actions to meet missed performance criteria. Pakistan’s economic growth is expected to remain modest with GDP growth forecast revised upward to 3.1 percent. The IMF report highlights that the preliminary data for the first quarter of FY13/14 showed 5 percent growth, mainly driven by services and manufacturing.

Subject: Banking, Economic sectors, Expenditure, External debt, Public debt, Public sector, Revenue administration

Keywords: core inflation, CR, end-march program ceiling, executive board's discussion, Global, government, government debt market, government securities market, ISCR, net short position, Pakistani authorities, Public sector

Pages:
78
Volume:
2014
DOI:
https://doi.org/10.5089/9781475581331.002
Issue:
090
Series:
Country Report No. 2014/090
Stock No:
1PAKEA2014002
ISBN:
9781475581331
ISSN:
1934-7685

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