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Pakistan: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper on Pakistan reports that fiscal adjustment, supported by official and private inflows and debt relief, has led to a substantial improvement in public and external debt indicators. International reserves have recovered close to US$10 billion. Financial sector reforms have resulted in a healthy banking system. With these achievements, vulnerabilities have been greatly reduced, and Pakistan’s prospects look favorable. A continuation of prudent fiscal policies, as anchored by the financial responsibility law, is needed to ensure that debt ratios continue on their downward trajectory.

Suggested Citation

  • International Monetary Fund, 2005. "Pakistan: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2005/408, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/408
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