Pakistan: Selected Issues and Statistical Appendix

International Monetary Fund

No 2005/408, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Pakistan reports that fiscal adjustment, supported by official and private inflows and debt relief, has led to a substantial improvement in public and external debt indicators. International reserves have recovered close to US$10 billion. Financial sector reforms have resulted in a healthy banking system. With these achievements, vulnerabilities have been greatly reduced, and Pakistan’s prospects look favorable. A continuation of prudent fiscal policies, as anchored by the financial responsibility law, is needed to ensure that debt ratios continue on their downward trajectory.

Keywords: ISCR; CR; Pakistan; GDP; ratio; investment ratio; coverage ratio; debt situation; investment indicator; SBP data; Corporate sector; Commercial banks; Credit; Market capitalization; Asia and Pacific; Global; South Asia; Africa (search for similar items in EconPapers)
Pages: 97
Date: 2005-11-17
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