Pakistan: 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; and Statement by the Executive Director for Pakistan

Publication Date:

July 13, 2017

Electronic Access:

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Summary:

This 2017 Article IV Consultation highlights that Pakistan’s outlook for economic growth is favorable. Real GDP is estimated at 5.3 percent in FY2016/17 and strengthening to 6 percent over the medium term on the back of stepped-up China Pakistan Economic Corridor investments, improved availability of energy, and growth-supporting structural reforms. Inflation has been gradually increasing but remains contained, and the financial sector has remained sound. Key external risks include lower trading partner growth, tighter international financial conditions, a faster rise in international oil prices, and over the medium term, failure to generate sufficient exports to meet rising external obligations from large-scale foreign-financed investments.

Series:

Country Report No. 2017/212

Subject:

English

Publication Date:

July 13, 2017

ISBN/ISSN:

9781484309759/1934-7685

Stock No:

1PAKEA2017001

Pages:

74

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