08176oam 22015974 450 991082031770332120240402023912.01-4755-7759-11-4843-0743-71-4843-4133-3(CKB)2550000001136111(EBL)1588175(SSID)ssj0001165327(PQKBManifestationID)11679830(PQKBTitleCode)TC0001165327(PQKBWorkID)11198518(PQKB)10023171(MiAaPQ)EBC1588175(Au-PeEL)EBL1588175(CaPaEBR)ebr10788230(CaONFJC)MIL535814(OCoLC)876510837(IMF)1PAKEE2013001(IMF)1PAKEA2013001(EXLCZ)99255000000113611120020129d2013 uf 0engur|n|---|||||txtccrPakistan : 2013 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility1st ed.Washington, D.C. :International Monetary Fund,2013.1 online resource (126 p.)IMF Staff Country Reports"September 2013."1-4843-7961-6 1-306-04563-0 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 Growth7. 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, 2009/10-2017/184. 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 Purchases14. 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 SURVEILLANCESTAFF 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; TABLEPakistan: Selected Economic Indicators, 2009/10-2013/14This 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.IMF Staff Country Reports; Country Report ;No. 2013/287Economic developmentPakistanBanks and BankingimfExports and ImportsimfMacroeconomicsimfPublic FinanceimfStatisticsimfFinance: GeneralimfForeign ExchangeimfDebtimfDebt ManagementimfSovereign DebtimfFiscal PolicyimfInternational Lending and Debt ProblemsimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfData Collection and Data Estimation MethodologyimfComputer Programs: OtherimfTrade: GeneralimfPublic finance & taxationimfInternational economicsimfBankingimfEconometrics & economic statisticsimfFinanceimfCurrencyimfForeign exchangeimfPublic debtimfFiscal consolidationimfExternal debtimfGovernment debt managementimfPublic financial management (PFM)imfFiscal stanceimfFiscal policyimfImportsimfInternational tradeimfDebts, PublicimfDebts, ExternalimfBanks and bankingimfNational incomeimfPakistanEconomic conditionsPakistanimfEconomic developmentBanks and BankingExports and ImportsMacroeconomicsPublic FinanceStatisticsFinance: GeneralForeign ExchangeDebtDebt ManagementSovereign DebtFiscal PolicyInternational Lending and Debt ProblemsBanksDepository InstitutionsMicro Finance InstitutionsMortgagesData Collection and Data Estimation MethodologyComputer Programs: OtherTrade: GeneralPublic finance & taxationInternational economicsBankingEconometrics & economic statisticsFinanceCurrencyForeign exchangePublic debtFiscal consolidationExternal debtGovernment debt managementPublic financial management (PFM)Fiscal stanceFiscal policyImportsInternational tradeDebts, PublicDebts, ExternalBanks and bankingNational income332.1/52International Monetary Fund.DcWaIMFBOOK9910820317703321Pakistan456311UNINA