IMF Staff Country Reports

Pakistan: Fourth Review Under the Stand-By Arrangement, Requests for Waivers of Performance Criteria, Modification of Performance Criteria, and Rephasing of Access: Staff Report; Staff Statement and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan.

June 2, 2010

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Pakistan: Fourth Review Under the Stand-By Arrangement, Requests for Waivers of Performance Criteria, Modification of Performance Criteria, and Rephasing of Access: Staff Report; Staff Statement and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan., (USA: International Monetary Fund, 2010) accessed December 23, 2024

Summary

The 2010 staff report for the Fourth Review Under the Stand-By Arrangement addresses economic challenges faced by Pakistan. The implementation of the structural agenda faced delays but politically difficult reforms were assured to be executed. The resulting fiscal pressures had been expected to be largely offset by restraining nonpriority current spending. The authorities have shown their determination to pursue difficult, but necessary, reforms to implement the program despite lower-than-promised external assistance. IMF staff supported the requested rephasing of access and modifications to the performance criteria.

Subject: Banking, Budget planning and preparation, Expenditure, External debt, Government debt management, Public debt, Public financial management (PFM)

Keywords: Budget financing option, Budget planning and preparation, CR, Data revision, Deficit, Expenditure restraint, Financing, Global, Government debt management, IDA financial operations, IFC strategy, ISCR, Outlay

Publication Details

  • Pages:

    81

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/158

  • Stock No:

    1PAKEA2010002

  • ISBN:

    9781455205202

  • ISSN:

    1934-7685

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