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Pakistan’s Fiscal and Monetary System

Author

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  • Sakib Sherani

    (Chief Economist, ABN AMRO Bank (Pakistan))

Abstract

The paper addresses the structural rigidities in the fiscal system. The fiscal rigidity has resulted in a fiscal overhang over the monetary policy of the SBP. The author contendsthat policy should be geared to reduce the fiscal tax burden on the formal sector and to reduce the fiscal domination over monetary policy.

Suggested Citation

  • Sakib Sherani, 2006. "Pakistan’s Fiscal and Monetary System," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 11(Special E), pages 13-24, September.
    • Handle: RePEc:lje:journl:v:11:y:2006:i:sp:p:13-24
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    File URL: http://121.52.153.179/JOURNAL/Special%20Edition%2006/03%20Sakib%20Sherani.pdf
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    Cited by:

    1. Imran Hanif & Pilar Gago-de Santos, 2017. "Impact of Fiscal Decentralization on Private Savings in a Developing Country," Journal of South Asian Development, , vol. 12(3), pages 259-285, December.

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