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This Selected Issues paper on Pakistan reports that fiscal adjustment, supported by official and private inflows and …, vulnerabilities have been greatly reduced, and Pakistan’s prospects look favorable. A continuation of prudent fiscal policies, as …
Persistent link: https://www.econbiz.de/10014405430
This paper focuses on Pakistan’s 2004 Article IV Consultation, Ninth Review Under the Three-Year Arrangement Under the … program in Pakistan remains broadly on track. All quantitative PCs and indicative targets for end-June 2004 were met …
Persistent link: https://www.econbiz.de/10014405435
Pakistan has been facing significant economic difficulties. With sharp increases in oil and food prices, and adverse … security developments, Pakistan has experienced a significant widening of the fiscal deficit, owing in large part to increasing …
Persistent link: https://www.econbiz.de/10014405717
reforms to unlock Pakistan’s medium-term growth prospects, and (v) safeguarding the stability of the financial system. Risks …
Persistent link: https://www.econbiz.de/10014394351
The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all...
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