Pakistan; Selected Issues and Statistical Appendix
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.
Year of publication: |
2005-11-17
|
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Banking | Economic growth | Economic indicators | Fiscal transparency | Governance | Public debt | Selected issues | inflation | growth accounting | gdp growth | monetary fund | growth rates | real gdp | capital formation | fixed capital formation | gross fixed capital formation | total factor productivity | central bank | growth rate |
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