On 18 December 2015 the International Monetary Fund (IMF) issued a report on Pakistan’s economic position following its ninth review under the External Fund Facility.
The report notes that Pakistan’s economic growth remains robust. Implementation of reforms is important to reinforce economic stability and sustainable growth. The government is appropriately emphasizing revenue mobilization. This includes broadening the tax base and improving tax collection and compliance to create the room for pro-growth spending.
The IMF considers that the government should continue to strengthen corporate restructuring and insolvency provisions. The policy priorities include improving the business climate and increasing competitiveness.
