Pakistan: Tenth Review Under the Extended Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Pakistan
April 1, 2016
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This paper discusses economic performance status and policy developments of Pakistan. Amid setbacks to structural reform, the authorities have made substantial progress in restoring economic stability. Economic activity continues to strengthen gradually. International reserve buffers are increasing amid a broadly stable current account deficit. However, there are number of risks to the economy. Slower growth in key advanced markets such as China and the Gulf can further erode export competiveness. The Pakistani government is determined to maintain fiscal consolidation in FY 2015/16 and over the medium term. Continued tax administration reforms are important for further improving tax compliance and supporting revenue mobilization.
Subject: Banking, Budget planning and preparation, Economic sectors, External debt, Public debt, Public financial management (PFM), Public sector, Revenue administration
Keywords: authority, Budget planning and preparation, CR, discussion of Pakistan, end-December SB, executive board's decision, Global, government, ISCR, loss-making public sector enterprise, monetary policy stance, Public sector, SDR
Pages:
87
Volume:
2016
DOI:
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Issue:
094
Series:
Country Report No. 2016/094
Stock No:
1PAKEA2016003
ISBN:
9781475565706
ISSN:
1934-7685
