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An Analysis of the Underground Economy and its Macroeconomic Consequences

An Analysis of the Underground Economy and its Macroeconomic Consequences »

Source: An Analysis of the Underground Economy and its Macroeconomic Consequences

Volume/Issue: 2003/23

Series: IMF Working Papers

Author(s): Era Dabla-Norris , and Andrew Feltenstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2003

ISBN: 9781451844061

Keywords: credit rationing, tax rate, budget deficit, rate of return, tax rates, Computable General Equilibrium Models,

This paper develops a dynamic computable general equilibrium model in which optimizing agents evade taxes by operating in the underground economy. The cost to firms of evading taxes is that they find themselves sub...

IMF Approves Nine-Month Extension of Stand-By Arrangement for Pakistan

IMF Approves Nine-Month Extension of Stand-By Arrangement for Pakistan »

Source: Pakistan : Request for an Extension of the Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion

Volume/Issue: 2010/384

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 December 2010

ISBN: 9781455213580

Keywords: international monetary fund, budget deficit, sales tax

The Pakistani authorities placed a request for a nine-month extension of the Stand-By Arrangement (SBA), to get sufficient time to complete the remaining fifth and sixth reviews under the SBA. The authorities belie...

IMF Approves Release of US$133 Million Credit to Pakistan

IMF Approves Release of US$133 Million Credit to Pakistan »

Source: Pakistan : First Review Under the Stand-By Arrangement and Request for Waivers and Modification of Performance Criteria

Volume/Issue: 2001/58

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 April 2001

ISBN: 9781451830514

Keywords: debt, budget, interest, external debt, deficit

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 str...

IMF Approves US$596 Million Stand-By Credit for Pakistan

IMF Approves US$596 Million Stand-By Credit for Pakistan »

Source: Pakistan : Staff Report for the 2000 Article IV Consultation and Request for Stand-By Arrangement

Volume/Issue: 2001/24

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2001

ISBN: 9781451830477

Keywords: debt, interest, budget, external debt, deficit

Pakistan showed good macroeconomic performance over the past years. Executive Directors welcomed the program, which aimed at strengthening the balance-of-payments position, rebuilding official reserves, and reducin...

IMF Completes Fifth Review of Pakistan’s PRGF-Supported Program, Approves US$123 Million Disbursement

IMF Completes Fifth Review of Pakistan’s PRGF-Supported Program, Approves US$123 Million Disbursement »

Source: Pakistan : Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria

Volume/Issue: 2003/180

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2003

ISBN: 9781451830576

Keywords: debt, budget, interest, grants, deficit

This paper examines Pakistan's Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver and Modification of Performance Criteria. Although most ref...

IMF Completes First Review of Pakistan’s PRGF Supported Program, Approves US$107 Million Disbursement

IMF Completes First Review of Pakistan’s PRGF Supported Program, Approves US$107 Million Disbursement »

Source: Pakistan : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and Request for Waiver and Modification of Performance Criteria

Volume/Issue: 2002/82

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 April 2002

ISBN: 9781451830446

Keywords: debt, budget, interest, grants, public sector

This paper evaluates Pakistan's First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver and Modification of Performance Criteria. Developments i...

IMF Completes First Review Under Stand-By Arrangement with Pakistan and Approves US$847.1 Million Disbursement

IMF Completes First Review Under Stand-By Arrangement with Pakistan and Approves US$847.1 Million Disbursement »

Source: Pakistan : 2009 Article IV Consultation and First Review Under the Stand-By Arrangement: Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan

Volume/Issue: 2009/123

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2009

ISBN: 9781451830743

Keywords: debt, interest, budget, deficit, external debt

Pakistan has been facing significant economic difficulties. With sharp increases in oil and food prices, and adverse security developments, Pakistan has experienced a significant widening of the fiscal deficit, owi...

IMF Completes Fourth Review of Pakistan’s PRGF-Supported Program, Approves US$118 Million Disbursement to Pakistan

IMF Completes Fourth Review of Pakistan’s PRGF-Supported Program, Approves US$118 Million Disbursement to Pakistan »

Source: Pakistan : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion

Volume/Issue: 2003/54

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2003

ISBN: 9781451830491

Keywords: debt, budget, interest, deficit, tax administration

This paper examines Pakistan's Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion. Progress on the structural front throug...

IMF Completes Fourth Review Under Stand-By Arrangement for Pakistan and Approves US$1.13 billion Disbursement

IMF Completes Fourth Review Under Stand-By Arrangement for Pakistan and Approves US$1.13 billion Disbursement »

Source: Pakistan : Fourth Review Under the Stand-By Arrangement, Requests for Waivers of Performance Criteria, Modification of Performance Criteria, and Rephasing of Access: Staff Report; Staff Statement and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan.

Volume/Issue: 2010/158

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 June 2010

ISBN: 9781455205202

Keywords: debt, budget, grants, deficit, interest

The 2010 staff report for the Fourth Review Under the Stand-By Arrangement addresses economic challenges faced by Pakistan. The implementation of the structural agenda faced delays but politically difficult reforms...

IMF Completes Last Review Under Pakistan’s Stand-By Arrangement, Approves US$135 Million Disbursement

IMF Completes Last Review Under Pakistan’s Stand-By Arrangement, Approves US$135 Million Disbursement »

Source: Pakistan : Third Review Under the Stand-By Arrangement and Request for Waiver of Performance Criterion

Volume/Issue: 2001/178

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2001

ISBN: 9781451830590

Keywords: debt, budget, interest, external debt, deficit

Pakistan showed commendable performance under the Stand-By Arrangement. Executive Directors noted the substantial progress in the structural reforms, but expressed concerns about the slippage in revenue performance...