Pakistan: Third Review Under the Extended Arrangement and Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification of Performance Criteria

International Monetary Fund

No 2014/184, IMF Staff Country Reports from International Monetary Fund

Abstract: This Paper discusses Pakistan’s Third Review Under the Extended Arrangement and Request for Waiver of Nonobservance of Performance Criterion (PC).The economy is showing signs of improvement. The FY2013/14 growth projection has been revised upward from 3.1 percent to 3.3 percent, as economic indicators continue to show better-than-expected performance. For FY2014/15, the economy is forecast to expand by about 4 percent. All quantitative PCs were met with the exception of the ceiling on Net Domestic Assets of the State Bank of Pakistan, which was missed by a small margin. On the basis of Pakistan’s performance under the extended arrangement, the IMF staff supports the authorities’ request for completion of the third review under the arrangement.

Keywords: ISCR; CR; government; reform; business climate reform; privatization; energy policy reform; energy sector reform; privatization agenda; restructuring operations; Public sector; Government debt management; Asia and Pacific; Global (search for similar items in EconPapers)
Pages: 84
Date: 2014-07-07
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=41699 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2014/184

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().