European Parliament Library

Pakistan, Request for Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan, International Monetary Fund

Abstract
Pakistan’s authorities have requested a 23-month Stand-By Arrangement for SDR 5.169 billion in support of their macroeconomic stabilization program. The authorities’ program envisages a tightening of fiscal and monetary policies to bring down inflation and reduce the external current account deficit to more sustainable levels. The pace of adjustment seeks to balance the need to address the current macroeconomic imbalances with protecting social stability. The program envisages important reforms in tax policy and administration and public financial management
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Developments; III. The Authorities' Program; A. Macroeconomic Framework; B. Fiscal Policy; C. Monetary and Exchange Rate Policy; IV. Program Modalities; A. Program financing; Boxes; 1. Exceptional Access Criteria; B. Financial Risks to the Program and Capacity to Repay the Fund; C. Program Phasing and Monitoring; 2. Rational for the Proposed Structural Conditionality Under the SBA; V. Staff Appraisal; Figures; 1. Output and Inflation Indicators, 2003/04-2007/08; 2. External Sector Indicatos, 2003-08
Language
eng
Literary Form
non fiction
Copyright
Edition
First edition.
Note
Description based upon print version of record
Physical Description
1 online resource (100 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781462356386

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