IMF Staff Country Reports

Pakistan: 2013 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility

Publication Date:

September 12, 2013

Electronic Access:

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Summary:

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 authorities’ ambitious economic program aims to reverse the current mix of large fiscal deficits and, accommodative monetary policy, and low reserve coverage, which provides few buffers to absorb shocks. The authorities have requested a 36-month extended arrangement under the Extended Fund Facility (EFF) for SDR 4.393 billion.

Series:

Country Report No. 2013/287

Subject:

Banking External debt Fiscal consolidation Fiscal policy Fiscal stance Government debt management Imports International trade Public debt Public financial management (PFM)