IMF Staff Country Reports

Pakistan: First Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria and Request for an Arrangement Under the Resilience and Sustainable Facility -Press Release; Staff Report; and Statement by the Executive Director for Pakistan

May 17, 2025

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Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "Pakistan: First Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria and Request for an Arrangement Under the Resilience and Sustainable Facility -Press Release; Staff Report; and Statement by the Executive Director for Pakistan", IMF Staff Country Reports 2025, 109 (2025), accessed May 22, 2025, https://doi.org/10.5089/9798229011310.002

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Summary

The authorities’ policy efforts have continued to bear fruit. Financial and external conditions have continued to improve, with a current account surplus in the first eight months of FY25 and reserves exceeding program projections. Inflation has recently declined to historical lows, although core inflation remains elevated at around 9 percent. The economic recovery is continuing, although growth in FY25H1 was somewhat lower than anticipated.

Subject: Climate change, Climate finance, Climate policy, Environment, Greenhouse gas emissions, Natural disasters, Public debt, Revenue administration, Tariffs, Taxes

Keywords: Climate change, Climate finance, Climate policy, Greenhouse gas emissions, Natural disasters, Tariffs

Publication Details

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