| |
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910820317703321 |
|
|
Titolo |
Pakistan : : 2013 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility |
|
|
|
|
|
|
|
Pubbl/distr/stampa |
|
|
Washington, D.C. : , : International Monetary Fund, , 2013 |
|
|
|
|
|
|
|
ISBN |
|
1-4755-7759-1 |
1-4843-0743-7 |
1-4843-4133-3 |
|
|
|
|
|
|
|
|
Edizione |
[1st ed.] |
|
|
|
|
|
Descrizione fisica |
|
1 online resource (126 p.) |
|
|
|
|
|
|
Collana |
|
IMF Staff Country Reports |
|
|
|
|
|
|
Disciplina |
|
|
|
|
|
|
Soggetti |
|
Economic development - Pakistan |
Banks and Banking |
Exports and Imports |
Macroeconomics |
Public Finance |
Statistics |
Finance: General |
Foreign Exchange |
Debt |
Debt Management |
Sovereign Debt |
Fiscal Policy |
International Lending and Debt Problems |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Data Collection and Data Estimation Methodology |
Computer Programs: Other |
Trade: General |
Public finance & taxation |
International economics |
Banking |
Econometrics & economic statistics |
Finance |
Currency |
Foreign exchange |
Public debt |
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal consolidation |
External debt |
Government debt management |
Public financial management (PFM) |
Fiscal stance |
Fiscal policy |
Imports |
International trade |
Debts, Public |
Debts, External |
Banks and banking |
National income |
Pakistan Economic conditions |
Pakistan |
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Note generali |
|
|
|
|
|
|
Nota di contenuto |
|
Cover; CONTENTS; ECONOMIC BACKGROUND; BOXES; 1. External Sector Assessment; 2. Revenue Sharing Arrangements in Pakistan: A Challenge to Fiscal Consolidation; OUTLOOK AND KEY RISKS; 3. Risk Assessment Matrix; 4. Pakistan's Vulnerability to Food and Oil Price Shocks; ARTICLE IV: DISCUSSIONS: TOWARD HIGHER AND MORE INCLUSIVE GROWTH; A. Return to Fiscal Sustainability; 5. Unemployment in Pakistan; 6. Reducing Energy Subsidies; B. Realigning Monetary Policy for Macroeconomic Stability; C. Safeguarding Financial Sector Stability; D. Structural Reforms for Fiscal Consolidation and Economic Growth |
7. Overview of Pakistan's Power SectorPROGRAM DISCUSSIONS; 8. BOP Projections and External Financing Requirement; OTHER ISSUES; STAFF APPRAISAL; FIGURES; 1. Selected Economic Indicators, 2008-13; 2. Selected Financial Indicators, 2008-13; 3. Selected Banking and Financial Indicators; 4. Public Debt Sustainability: Bound Tests; 5. External Debt Sustainability: Bound Tests; TABLES; 1. Selected Economic Indicators, 2009/10-2013/14; 2. Medium-Term Baseline Macroeconomic Framework, 2009/10-2017/18; 3. Medium-Term Program Macroeconomic Framework, 2009/10-2017/18 |
4. Balance of Payments, 2009/10-2017/185a. General Government Budget, 2008/09-2013/14; 5b. General Government Budget, 2009/10-2013/14; 5c. General Government Budget, 2011/12-2013/14; 6. Monetary Survey, 2009/10-2013/14; 7. Medium-Term Fiscal Framework, 2009/10-2017/18; 8. Financial Soundness Indicators for the Banking System; 9. Indicators of Fund Credit, 2012/13-2017/18; 10. Selected Vulnerability Indicators, 2009/10-2017/18; 11. External Debt Sustainability Framework, 2008-18; 12. Public Sector Debt Sustainability Framework, 2008-18; 13. Schedule of Reviews and Purchases |
14. Quantitative Performance Criteria and Indicative Targets for FY2013/1415. Prior Actions and Structural Benchmarks Under Extended Fund Facility; APPENDIX; I. Letter of Intent; Attachment I. Memorandum on Economic and Financial Policies for 2013/14-2015/16; Attachment |
|
|
|
|
|
|
|
|
|
|
|
II. Technical Memorandum of Understanding; CONTENTS; RELATIONS WITH THE FUND; RELATIONS WITH THE WORLD BANK; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; STATISTICAL ISSUES; TABLE; PAKISTAN: TABLE OF COMMON INDICATORS REQUIRED FOR SURVEILLANCE |
STAFF REPORT FOR THE 2013 ARTICLE IV CONSULTATION AND REQUEST FOR AN EXTENDED ARRANGEMENT UNDER THE EXTENDED FUND FACILITY-SUPPLEMENTARY INFORMATIONTABLE; Table 2. Pakistan: Prior Actions and Structural Benchmarks Under Extended Fund Facility; IMF Executive Board Approves 3-Year, US6.64 Billion Extended Arrangement for Pakistan; ANNEX; Recent Developments; Program Summary; TABLE; Pakistan: Selected Economic Indicators, 2009/10-2013/14; IMF Executive Board Concludes the 2013 Article IV Consultation with Pakistan; Executive Board Assessment; TABLE |
Pakistan: Selected Economic Indicators, 2009/10-2013/14 |
|
|
|
|
|
|
Sommario/riassunto |
|
This paper highlights Pakistan’s 2013 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility. Discussions in the IMF report focus on macroeconomic policies to address vulnerabilities and reforms to promote robust inclusive growth. The authorities’ ambitious economic program aims to reverse the current mix of large fiscal deficits and, accommodative monetary policy, and low reserve coverage, which provides few buffers to absorb shocks. The authorities have requested a 36-month extended arrangement under the Extended Fund Facility (EFF) for SDR 4.393 billion. |
|
|
|
|
|
|
|
| |