Pakistan: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Pakistan

January 17, 2008

Preview Citation

Format: Chicago

Pakistan: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Pakistan, (USA: International Monetary Fund, 2008) accessed December 28, 2024

Summary

Pakistan’s economy continued to perform strongly owing to sound macroeconomic management and structural reform. Executive Directors advised that tight fiscal and monetary policies are required to reduce inflation and the external current account deficit while lessening pressures on real interest rates. They welcomed the enactment of the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CLT) ordinance. They underscored the need to modernize the energy sector’s regulatory and tariff framework and revive the privatization process. Directors urged action to strengthen public financial management.

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

Keywords: Consultation, Consultation informational annex, CR, Current account deficits, Deficit, Financing of the budget point, Global, Government, Import growth, ISCR, SBP's financing, WEO oil price

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/021
Stock No:

1PAKEA2008001
ISBN:

9781451830712
ISSN:

1934-7685

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