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Pakistan: Staff Report for the 2011 Article IV Consultation and Proposal for Post-Program Monitoring

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  • International Monetary Fund

Abstract

Pakistan has implemented some reforms, including improvements in tax administration, removal of some tax exemptions, and the introduction of an interest rate corridor. The macroeconomic policies are overly expansionary and fundamental reforms to resolve the economy’s structural problems are not being tackled well. There is broad concurrence between the authorities and the mission on policy priorities, namely, tighter fiscal policy, a less accommodative monetary policy stance, and structural reforms. The government recognizes that the economy has performed well below its potential and requires an annual average rate of 7 percent to absorb youth labor growth.

Suggested Citation

  • International Monetary Fund, 2012. "Pakistan: Staff Report for the 2011 Article IV Consultation and Proposal for Post-Program Monitoring," IMF Staff Country Reports 2012/035, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/035
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    Citations

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    Cited by:

    1. Debowicz, Dario & Saeed, Wajiha, 2014. "Exchange rate misalignment in Pakistan and its general equilibrium distributional implications:," PSSP working papers 16, International Food Policy Research Institute (IFPRI).
    2. Gupta, Poonam, 2015. "Generating Larger Tax Revenue in South Asia," MPRA Paper 61443, University Library of Munich, Germany.
    3. Darío Debowicz & Wajiha Saeed, 2014. "Exchange rate misalignment and economic development: the case of Pakistan," Global Development Institute Working Paper Series 21014, GDI, The University of Manchester.
    4. Zainab Jehan & Iffat Irshad, 2020. "Exchange Rate Misalignment and Economic Growth inPakistan: The Role of Financial Development," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 59(1), pages 81-99.

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