Pakistan

Recent Publications

Pakistan Update: We see a possible IMF Program at $15 billion

October 12, 2018

Loose monetary and fiscal policies have led to the build-up of macroeconomic imbalances. Decisive policy action and substantial external financing wil

Pakistan Update: Another IMF Program is Needed

Widening fiscal and current account deficits have led to a substantial decline in international reserves. The State Bank of Pakistan has devalued the

Pakistan: Walking a Slow Road to Reform

February 13, 2018

The Pakistani economy experienced robust growth in the past two years driven largely by consumption and some progress in structural reforms. We expect

Frontier Asia: Rapid Growth, Diverse Challenges

Frontier Asia has enjoyed stronger growth than most emerging markets over the past decade. While GDP per capita is still low, the gap with mainstream