Pakistan: Selected Issues
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International Monetary Fund. Middle East and Central Asia Dept.
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PAKISTAN

Abstract

PAKISTAN

Copyright Page

PAKISTAN

SELECTED ISSUES

December 22, 2021

Approved By

Middle East and Central Asia Department

Prepared by Kerstin Gerling, Tannous Kass-Hanna, and Christine Richmond (all MCD); and Fernanda Brollo, Emine Hanedar, and Sebastien Walker (all FAD)

Contents

  • SPENDING NEEDS FOR REACHING THE SUSTAINABLE DEVELOPMENT GOALS

  • A. Background

  • B. Human Capital

  • C. Physical Capital

  • D. Policy Recommendations and Conclusions

  • FIGURES

  • 1. Performance in Selected SDGs

  • 2. Pakistan and Peers: Education Outcomes

  • 3. Pakistan and Peers: Education Sector

  • 4. Pakistan and Peers: Health Outcomes

  • 5. Pakistan and Peers: Health Sector

  • 6. Pakistan and Peers: Electricity Sector1

  • 7. Electricity Generation Installed Capacity by Source, in MW

  • 8. Pakistan and Peers: Roads

  • 9. Pakistan and Peers: Water and Sanitation

  • 10. Additional Spending Required by 2030 to Meet SDG Targets

  • Reference

  • TABLES

  • 1. Additional Spending Required in Education by 2030

  • 2. Additional Spending Required in Healthcare by 2030

  • 3. Additional Investment in Electricity Generation, Transmission, and Distribution Required by 2030

  • 4. Additional Investment in Roads Required by 2030

  • 5. Additional Investment in Water and Sanitation Required by 2030

  • References

  • TRADE AS A SOURCE OF GROWTH AND ECONOMIC DEVELOPMENT

  • A. Stocktaking

  • B. Policy Recommendations and Conclusions

  • FIGURES

  • 1. Openness

  • 2. Exports

  • 3. Export Products

  • 4. Net Export Contribution to GDP Growth

  • 5. Value of Exports by Firm

  • 6. Import Tariff

  • References

  • STATE-OWNED ENTERPRISES IN PAKISTAN: FOOTPRINT, PERFORMANCE, FISCAL RISKS, AND GOVERNANCE

  • A. Introduction

  • B. Footprint and Performance

  • C. Corporate Governance

  • D. Ownership Policy

  • E. Financial Oversight

  • F. Fiscal and Policy Interactions

  • G. SOE Corporate Governance Index

  • H. SOE Sector Reform

  • I. Policy Recommendations and Conclusions

  • FIGURES

  • 1. Portfolio of Non-Financial Commercial SOE’s

  • 2. SOE Performance Indicators, 2019 or latest available

  • 3. Publicly Guaranteed SOE Debt

  • 4. SOE Corporate Governance Index

  • References

  • CLIMATE MITIGATION IN PAKISTAN

  • A. Emission Stocktaking

  • B. Emission Targets and Policy Actions

  • C. Policy Recommendations and Conclusions

  • FIGURES

  • 1. Pakistan and Peers: Greenhouse Gas (GHG) Emissions, 2018

  • 2. Sources of Selected Greenhouse Gas (GHG) Emissions, 2018

  • 3. MENAP: Envisaged Nationally Determined Contributions Reduction in Greenhouse Gas Emissions Versus 2030 Business as Usual

  • 4. Pakistan and Peers: Primary Energy Consumption by Fuel, 2019

  • 5. Pakistan and Peers: Explicit Subsidy by Energy Product, 2020

  • 6. Total Climate Financing, 2016–19

  • References

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Pakistan: 2021 Article IV Consultation, Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, and Requests for Waivers of Applicability and Nonobservance of Performance Criteria and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Pakistan
Author:
International Monetary Fund. Middle East and Central Asia Dept.