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A 36 month, SDR 4,393 million (425 percent of quota) Extended Arrangement under the EFF was approved by the Executive Board on September 4, 2013 and the third review was completed on June 27, 2014, with a total of SDR 1,440 million disbursed. Fifth and sixth tranches totaling of SDR 720 million...
Persistent link: https://www.econbiz.de/10011244519
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 … ceiling on Net Domestic Assets of the State Bank of Pakistan, which was missed by a small margin. On the basis of Pakistanâ …
Persistent link: https://www.econbiz.de/10011244527
-Observance of Performance Criteria. Discussions focused on progress in addressing the main macroeconomic challenges facing the … country and remedial actions to meet missed performance criteria. Pakistan’s economic growth is expected to remain modest …
Persistent link: https://www.econbiz.de/10011245013
Persistent link: https://www.econbiz.de/10005605531
Rapid growth of Islamic banking in developing countries is accompanied with claims about its relative resilience to … financial crises as compared to conventional banking. However, little empirical evidence is available to support such claims …. Using data from Pakistan, where Islamic and conventional banks co-exist, we compare these banks during a financial panic …
Persistent link: https://www.econbiz.de/10011242424
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...
Persistent link: https://www.econbiz.de/10011243290
Request for Waiver of Nonobservance of a Performance Criterion (PCs) and Modification of Performance Criteria. All … the nonobservance of the performance criterion on net international reserves accumulation. …
Persistent link: https://www.econbiz.de/10011243782
Over the past decade policy makers in Latin America have adopted a number of macroprudential instruments to manage the procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have been actively employed. Despite their...
Persistent link: https://www.econbiz.de/10010878415
population, appear to be fiscally unsustainable. The banking regulatory and supervisory framework is broadly adequate, although …
Persistent link: https://www.econbiz.de/10011244181
This technical note on financing of the private sector for Mexico describes the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005. Equity issuance has not played an important role in financing the private sector in Mexico...
Persistent link: https://www.econbiz.de/10011244184