Republic of Poland: 2016 Article IV Consultation-Press Release; Staff Report; and Staement by the Executive Director for the Republic of Poland
International Monetary Fund. European Dept.
Jul 2016 · International Monetary Fund
Ebook
80
Pages
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About this ebook
This paper describes mainly the introduction and performance of the Extended Fund Facility program for Pakistan. Since the start of the program in September 2013, economic growth has gradually recovered, inflation has fallen to low single digits, foreign reserve buffers have been rebuilt, social safety nets have been strengthened, and the fiscal deficit has significantly declined (although public debt remains high). Despite setbacks in privatization earlier in the year due to labor unrest and political opposition, the authorities remain committed to returning ailing public sector enterprises to a sound financial position, including through private participation, and to completing energy sector reform.
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