Pakistan

Pakistan

First Review Under the Stand-By Arrangement and Request for Waiver and Modification of Performance Criteria: Staff Report; Staff Statement; News Brief on the Executive Board Discussion; and Statement by the Authorities of Pakistan

by International Monetary Fund

102 pages· 2001· ISBN 9781452779034
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Pakistan showed great achievements under the program supported by the Stand-By Arrangement. Executive Directors stressed the need to implement strong fiscal, monetary, and exchange rate policies, and accelerate structural reforms. They emphasized the need for enhancing governance, rationalization of energy prices, broadening of tax base, strengthening of tax administration, and improving the financial position of public enterprises and banks. Directors agreed that the country has completed the first review under the Stand-By Arrangement, and approved a waiver.

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