IMF to review Pakistan economy
October 17th, 2011 - 11:59 am ICT by IANSIslamabad, Oct 17 (IANS) A delegation of the International Monetary Fund (IMF) will visit Pakistan to review the country’s financial condition, an official said.
The delegation will arrive here Nov 12, and will study the macro-economics, fiscal problems and availability of funds, Finance Secretary Waqar Masood said.
IMF has been asking Pakistan to carry out financial reforms, including implementation of the Reformed General Sales Tax (RGST).
It stopped two loan installments to Pakistan this year for not implementing it, the Online news agency reported Sunday.
The IMF has a mandate to monitor economic, financial and exchange rate policies of its member states to ensure the effective operation of the international monetary system.
Its appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country.
- Pak Govt reshuffles economic team to gear up for new IMF-backed tax regime - Dec 21, 2010
- IMF team to arrive in Pakistan today for reforms review - Jan 30, 2011
- Multilateral donors halt budgetary support to Pakistan, seek IMF's 'Letter of Comfort' - Feb 01, 2011
- Pakistan fails to convince IMF to release final tranche of $11.3bn loan - Apr 19, 2011
- IMF refuses talks with financial crisis-hit Pakistan on restoring 11.3-bn-dollar package - Feb 01, 2011
- IMF monitoring to avert future financial crisis - Apr 17, 2011
- IMF unveils wish-list for economic crisis-hit Pakistan - Mar 12, 2011
- IMF warns Pak Govt. to enforce tax reforms or lose much-needed funds - Feb 12, 2011
- Beleaguered Pak Govt likely to implement 'painful' economic decisions from Feb 1 - Jan 16, 2011
- Brazilian president meets IMF head on euro crisis - Dec 02, 2011
- IMF to start critical review of Pakistan economy to decide further action - Mar 01, 2011
- IMF considers Pak economic policymakers 'cheaters and liars': Ex-official - Apr 26, 2011
- Pakistan fails to get IMF assurance on $11.3 bn loan release - Apr 19, 2011
- PPP puts IMF-backed tax regime on back burner due to "opposition by main parties" - Dec 22, 2010
- IMF urges global financial regulatory reforms - Sep 21, 2011
Tags: delegation, economic situation, exchange rate policies, finance secretary, financial reforms, fiscal problems, installments, international monetary fund, international monetary fund imf, international monetary system, macro economics, mandate, masood, member country, member states, news agency, pakistan economy, policy strategy, sales tax, waqar