Pakistan: Request for Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan

December 2, 2008

Preview Citation

Format: Chicago

Pakistan: Request for Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan, (USA: International Monetary Fund, 2008) accessed November 23, 2024

Summary

Pakistan’s authorities have requested a 23-month Stand-By Arrangement for SDR 5.169 billion in support of their macroeconomic stabilization program. The authorities’ program envisages a tightening of fiscal and monetary policies to bring down inflation and reduce the external current account deficit to more sustainable levels. The pace of adjustment seeks to balance the need to address the current macroeconomic imbalances with protecting social stability. The program envisages important reforms in tax policy and administration and public financial management.

Subject: Balance of payments, Credit, Current account deficits, Expenditure, External debt, Foreign exchange, Public debt

Keywords: Adjustment plan, CR, Current account deficits, Financial asset, Financial support, Financing, Fund, Fund credit, Global, Government, Government cash, ISCR, Liquidity position, Pakistan

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/364
Stock No:

1PAKEA2008003
ISBN:

9781451830736
ISSN:

1934-7685

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