Pakistan: Eleventh Review Under the Extended Arrangement and Request for Modification of Performance Criteria and Extension of the Extended Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Pakistan

July 5, 2016

Preview Citation

Format: Chicago

Pakistan: Eleventh Review Under the Extended Arrangement and Request for Modification of Performance Criteria and Extension of the Extended Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Pakistan, (USA: International Monetary Fund, 2016) accessed November 24, 2024

Summary

This paper assesses El Salvador’s capacity and options for upgrading its fiscal framework and attempts to take a fresh look at the “growth puzzle” from a comparative perspective. The Hausmann’s growth diagnostics approach offers a useful start, but it does not clearly explain El Salvador’s growth gap versus its regional peers. The paper also constructs estimates of potential output growth and the output gap for El Salvador and compares it to those of other Central American countries. It examines potential growth before and after the global financial crisis and its likely medium-term trajectory.

Subject: Banking, Expenditure, External debt, Fiscal policy, Public debt, Revenue administration

Keywords: Authority, Business climate reform strategy, CR, Global, Government, ISCR, Power sector arrears reduction plan, Private sector participation, Privatization plan, Privatizing loss-making public sector enterprises, Public sector enterprise

Publication Details

Pages:

87
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/207
Stock No:

1PAKEA2016004
ISBN:

9781498340953
ISSN:

1934-7685

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