Pakistan: Recent Economic Developments

This paper reviews economic developments in Pakistan during 1990-95. The authorities succeeded in reducing the budget deficit and in slowing down the growth of the net domestic assets of the banking system in 1993/94. These tighter financial policies led to a marked reduction in the macroeconomic im...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1996
Schriftenreihe:IMF Staff Country Reports IMF Staff Country Report No. 96/8
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Zusammenfassung:This paper reviews economic developments in Pakistan during 1990-95. The authorities succeeded in reducing the budget deficit and in slowing down the growth of the net domestic assets of the banking system in 1993/94. These tighter financial policies led to a marked reduction in the macroeconomic imbalances that had flared up in 1992/93; in particular, they were reflected in a much narrower external current account deficit. Moreover, the strong stance of demand management contributed to a turnaround in private sector confidence, which was evidenced by large capital inflows
Beschreibung:1 Online-Ressource (112 p)
ISBN:1451830408
9781451830408

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