developments in financial inclusion for individuals and enterprises (SME finance), retail payments and provides recommendations for … accounts and use cases, as well as SME policy, credit infrastructure, economic empowerment funds and consumer protection and …

profit shock, could double the amount of debt-at-risk held by non-SME firms and; (iii) exchange rate shocks appear manageable … given low FX debt and natural FX hedges. Under a downside macro-financial stress test scenario, non-SME credit losses would … total a touch over 2 percent of GDP. Bank stress tests suggest that the maximum cumulative bank losses from distressed SME …

This paper discusses economic performance status and policy developments of Pakistan. Amid setbacks to structural …

This 2015 Article IV Consultation highlights that starting from a difficult position in 2013, Pakistan has made … expected to gradually rebound to the State Bank of Pakistan's target of mid-single digits …

This Selected Issues paper reviews Pakistan's tax regime, evaluates the level and composition of tax revenues, and … estimates tax buoyancy and efficiency. Despite recent progress under the program, Pakistan's tax revenue remains very low …

This paper discusses Pakistan's Eighth Review Under the Extended Arrangement and Request for Waivers of Nonobservance …