Pakistan: Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria

August 9, 2001

Preview Citation

Format: Chicago

Pakistan: Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria, (USA: International Monetary Fund, 2001) accessed December 26, 2024

Summary

Pakistan showed good macroeconomic performance and structural reforms under the program supported by the Stand-By Arrangement. Executive Directors welcomed this development, and stressed the need for sustained implementation of firm macroeconomic policies, increased revenue collection effort, and a substantial reallocation of public expenditure toward poverty-reducing spending. They emphasized the need to improve governance, accelerate structural reforms, and strengthen the financial system. Directors agreed that the country has successfully completed the second review under the Stand-By Arrangement, and approved a waiver.

Subject: Banking, Budget planning and preparation, Expenditure, External debt, Income and capital gains taxes, Public debt, Public financial management (PFM), Taxes

Keywords: Better-than-expected export performance, Budget planning and preparation, CR, Export finance rate, Global, Income and capital gains taxes, Indirect tax reform, ISCR, Pakistan's achievement, Reform priority, Stand-By Arrangement, U.S. dollar

Publication Details

Pages:

77
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/142
Stock No:

1PAKEA0042001
ISBN:

9781451830552
ISSN:

1934-7685

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