Pakistan: 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; and Statement by the Executive Director for Pakistan
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:
Balance of payments Current account deficits Exchange rate flexibility Expenditure Fiscal consolidation Fiscal policy Public debt Revenue administration
English
Publication Date:
July 13, 2017
ISBN/ISSN:
9781484309759/1934-7685
Stock No:
1PAKEA2017001
Pages:
74
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