Report

Pakistan Development Update, April 2016 : From Stability to Prosperity

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collection.link.85
https://openknowledge.worldbank.org/handle/10986/2193
collection.name.85
Economic Updates and Modeling
dc.contributor.author
World Bank Group
dc.date.accessioned
2016-06-02T22:11:29Z
dc.date.available
2016-06-02T22:11:29Z
dc.date.issued
2016-04
dc.date.lastModified
2017-12-13T12:41:30Z
dc.description.abstract
South Asia emerged as the fastest growing region in the world in 2015, posting GDP growth of 7 percent. Weak oil and commodity prices, slowing capital flows and shrinking global trade contributed towards a deceleration of growth in most of the world's economies. South Asia - as a net importer of oil - was an anomaly, growing significantly on the back of higher private consumption and public investment. Higher remittances and reserve buffers throughout the region offset the fall in exports caused by the drop in global demand. The region is set to maintain real GDP growth above 7 percent over the next few years. However, the tailwinds are now fading - capital flows have declined and remittances are starting to feel the reality of low oil prices. Pakistan, while not growing as quickly as its neighbors, has continued its steady growth recovery in H1FY16. Strong growth in consumption, rising foreign exchange reserves, fast-growing workers' remittances and a lower import bill compensated for a significant fall in exports. Low oil prices generated a significant boost, driving a 9.1 percent fall in the import bill and reducing inflation significantly, in turn creating scope to reduce the policy rate. Private sector consumption, propelled by higher remittances and a loosened monetary policy, is expected to account for over half of FY16 GDP growth.
en
dc.identifier
http://documents.worldbank.org/curated/en/2016/04/26279736/pakistan-development-update-stability-prosperity-april-2016
dc.identifier.uri
http://hdl.handle.net/10986/24398
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
AUCTION
dc.subject
MONETARY POLICY
dc.subject
SOVEREIGN YIELD
dc.subject
ACCOUNTING
dc.subject
DEPOSITS
dc.subject
WITHHOLDING TAX
dc.subject
INTEREST
dc.subject
PUBLIC INVESTMENTS
dc.subject
REMITTANCE
dc.subject
PRIVATE CREDIT
dc.subject
DEVELOPING COUNTRIES
dc.subject
REPAYMENTS
dc.subject
EXPORTERS
dc.subject
REVENUES
dc.subject
PORTFOLIO
dc.subject
FISCAL POLICY
dc.subject
CAPITAL ADEQUACY
dc.subject
LOAN
dc.subject
LIQUIDITY CONSTRAINT
dc.subject
ISLAMIC FINANCE
dc.subject
TREASURY BILL
dc.subject
REGULATORY AUTHORITY
dc.subject
INSTRUMENTS
dc.subject
POLITICAL RISKS
dc.subject
TRADE FINANCING
dc.subject
MARKET LIQUIDITY
dc.subject
OIL PRICES
dc.subject
MARKET REFORMS
dc.subject
CURRENCY
dc.subject
EXPORT GROWTH
dc.subject
COMMERCIAL BANK
dc.subject
EXCHANGE RATES
dc.subject
INTERNATIONAL BOND
dc.subject
CORPORATE BOND MARKET
dc.subject
MONETARY FUND
dc.subject
EMERGING MARKET
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
CAPITAL MARKET
dc.subject
DEBT
dc.subject
MARKETS
dc.subject
LOCAL GOVERNMENT
dc.subject
FINANCIAL FLOWS
dc.subject
INFLATION RATE
dc.subject
SETTLEMENT
dc.subject
DOMESTIC DEBT
dc.subject
CASH RESERVE
dc.subject
RESERVE REQUIREMENT
dc.subject
RECURRENT EXPENDITURE
dc.subject
DOMESTIC BONDS
dc.subject
COMMODITY PRICE
dc.subject
INTERNATIONAL FINANCIAL INSTITUTIONS
dc.subject
MARKET ECONOMIES
dc.subject
BANKING SECTOR
dc.subject
FISCAL DEFICIT
dc.subject
GOVERNMENT BUDGETS
dc.subject
TRANSACTIONS
dc.subject
INVESTMENT FLOWS
dc.subject
EMERGING MARKETS
dc.subject
AUCTIONS
dc.subject
INTEREST PAYMENTS
dc.subject
GOOD
dc.subject
INTERNATIONAL TRADE
dc.subject
CASH TRANSACTIONS
dc.subject
MARKET CAPITALIZATION
dc.subject
FUTURE
dc.subject
MARKET PRICES
dc.subject
MOBILE PHONE
dc.subject
MARKET DIVERSIFICATION
dc.subject
FOREIGN DIRECT INVESTMENT
dc.subject
CAPACITY CONSTRAINTS
dc.subject
FIXED CAPITAL
dc.subject
FEDERAL BUDGET
dc.subject
FOREIGN INVESTMENT
dc.subject
EXCHANGES
dc.subject
GOVERNMENT EXPENDITURE
dc.subject
STRATEGIC INVESTOR
dc.subject
EXPORT SHARES
dc.subject
INVESTMENTS IN GOVERNMENT SECURITIES
dc.subject
CAPITALIZATION
dc.subject
BORROWING REQUIREMENT
dc.subject
DISBURSEMENTS
dc.subject
ISSUANCE
dc.subject
SHARES
dc.subject
T-BILLS
dc.subject
TRADE LIBERALIZATION
dc.subject
CROP LOSSES
dc.subject
SECURITIES
dc.subject
PUBLIC DEBT
dc.subject
BALANCE OF PAYMENT
dc.subject
TREASURY
dc.subject
SOLVENCY
dc.subject
CORPORATE DEBT MARKET
dc.subject
INSURANCE
dc.subject
GOVERNMENT DEBT
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
OPEN MARKET
dc.subject
TIME DEPOSITS
dc.subject
GLOBAL TRADE
dc.subject
EUROBOND
dc.subject
COMMERCIAL BANKS
dc.subject
CORPORATE BOND
dc.subject
ISLAMIC BOND
dc.subject
FINANCIAL SUPPORT
dc.subject
PORTFOLIO INVESTMENT
dc.subject
CONSUMER PRICE INDEX
dc.subject
LENDING
dc.subject
MATURITIES
dc.subject
FISCAL DISCIPLINE
dc.subject
REMITTANCES
dc.subject
PUBLIC SPENDING
dc.subject
LIMITED LIABILITY
dc.subject
COMMODITY PRICES
dc.subject
LIABILITIES
dc.subject
ARREARS
dc.subject
STOCK EXCHANGES
dc.subject
EXPORT SHARE
dc.subject
CAPITAL ACCOUNT
dc.subject
INVESTING
dc.subject
TARIFFS
dc.subject
DEFICIT
dc.subject
BASIS POINTS
dc.subject
LIABILITY
dc.subject
OIL PRICE
dc.subject
BROAD MONEY
dc.subject
STOCK
dc.subject
FOREIGN INVESTORS
dc.subject
FISCAL DEFICITS
dc.subject
REPO
dc.subject
FOREIGN EXCHANGE MARKET
dc.subject
MONEY SUPPLY
dc.subject
EXPORT PERFORMANCE
dc.subject
EMERGING ECONOMIES
dc.subject
INTEREST RATE
dc.subject
EXCHANGE
dc.subject
DISCOUNT RATE
dc.subject
BALANCE OF PAYMENTS
dc.subject
BANKING SYSTEM
dc.subject
INTERNATIONAL BOND MARKET
dc.subject
ISSUANCES
dc.subject
LIQUIDITY
dc.subject
EQUITY MARKET
dc.subject
TAX COLLECTION
dc.subject
GOVERNMENT BORROWING
dc.subject
NATIONAL SAVINGS
dc.subject
DOMESTIC CORPORATE DEBT
dc.subject
BONDS
dc.subject
DISCOUNT
dc.subject
TAX
dc.subject
NON-PERFORMING LOANS
dc.subject
BUDGETING
dc.subject
LONG-TERM INVESTMENT
dc.subject
RESERVE
dc.subject
INFLATION
dc.subject
STATE BANK
dc.subject
ENABLING ENVIRONMENT
dc.subject
EMERGING MARKET ECONOMIES
dc.subject
GOVERNANCE STANDARDS
dc.subject
BUDGET
dc.subject
CENTRAL BANK
dc.subject
FOREIGN MARKETS
dc.subject
MACROECONOMIC STABILITY
dc.subject
POLICY RESPONSE
dc.subject
FISCAL POLICIES
dc.subject
TRADE BALANCE
dc.subject
SUKUK
dc.subject
GLOBAL ECONOMY
dc.subject
COMMERCIAL BORROWING
dc.subject
MARKET REGULATOR
dc.subject
TRADING
dc.subject
TAX EXEMPTIONS
dc.subject
INTEREST RATES
dc.subject
INVESTMENT REQUIREMENT
dc.subject
INVESTMENT PURPOSES
dc.subject
PRIVATE INVESTMENT
dc.subject
RETURN
dc.subject
DEFICITS
dc.subject
BASIS POINT
dc.subject
DIRECT INVESTMENT
dc.subject
LOANS
dc.subject
RESERVES
dc.subject
ASSET CLASSES
dc.subject
PRIVATE CAPITAL
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
RETURN ON ASSETS
dc.subject
FINANCE
dc.subject
FOREIGN CURRENCY
dc.subject
PUBLIC INVESTMENT
dc.subject
TAXES
dc.subject
EXPENDITURE
dc.subject
GOVERNMENT SECURITIES
dc.subject
INFRASTRUCTURE INVESTMENT
dc.subject
EQUITY
dc.subject
INVESTORS
dc.subject
FOREIGN EXCHANGE RESERVES
dc.subject
TAX RATE
dc.subject
PRIVATE SECTOR CREDIT
dc.subject
EXPORT COMPETITIVENESS
dc.subject
SAVINGS RATE
dc.subject
PENSIONS
dc.subject
RETURNS
dc.subject
FIXED INVESTMENT
dc.subject
BUDGETS
dc.subject
TAX CONCESSIONS
dc.subject
FINANCIAL INSTRUMENTS
dc.subject
INVESTMENT ASSETS
dc.subject
BOND MARKET
dc.subject
WORKING CAPITAL
dc.subject
YIELD CURVE
dc.subject
EXPENDITURES
dc.subject
CAPITAL FLOWS
dc.subject
BIDS
dc.subject
CURRENT ACCOUNT DEFICIT
dc.subject
T-BILL
dc.subject
MARKET
dc.subject
FOREIGN EXCHANGE
dc.subject
CREDIT BUREAU
dc.subject
LEVY
dc.subject
DEBT MARKET
dc.subject
INVESTMENT RATES
dc.subject
CORPORATE DEBT
dc.subject
GOODS
dc.subject
INVESTOR
dc.subject
MARKET SHARE
dc.subject
GOVERNMENT SUBSIDIES
dc.subject
FINANCIAL MARKET
dc.subject
INTERNATIONAL MARKET
dc.subject
STOCKS
dc.subject
REPO RATE
dc.subject
STOCK EXCHANGE
dc.subject
INVESTMENT
dc.subject
BOND
dc.subject
SHARE
dc.subject
INVESTMENT CLIMATE
dc.subject
POVERTY
dc.subject
FINANCIAL MARKETS
dc.subject
TARIFF
dc.subject
BID
dc.subject
REVENUE
dc.subject
PROFIT
dc.subject
INVESTMENTS
dc.subject
CHECK
dc.subject
CREDIT GROWTH
dc.subject
EXCHANGE RATE
dc.subject
INSTRUMENT
dc.subject
ASSETS RATIO
dc.subject
PROFITS
dc.subject
INTERNATIONAL INVESTORS
dc.subject
GUARANTEE
dc.subject
ISLAMIC BONDS
dc.subject
MARKET LEVEL
dc.title
Pakistan Development Update, April 2016
en
dc.title.subtitle
From Stability to Prosperity
en
dc.type
Report
en
okr.date.disclosure
2016-04-28
okr.doctype
Economic & Sector Work :: Economic Updates and Modeling
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2016/04/26279736/pakistan-development-update-stability-prosperity-april-2016
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0842d3cf2_2_0
okr.identifier.internaldocumentum
26279736
okr.identifier.report
104831
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/04/27/090224b0842d3cf2/2_0/Rendered/PDF/Pakistan0devel0sperity000April02016.pdf
en
okr.region.administrative
South Asia
okr.region.country
Pakistan
okr.sector
Public Administration, Law, and Justice
okr.theme
Economic management :: Analysis of economic growth
okr.theme
Economic management :: Macroeconomic management
okr.theme
Economic management :: Debt management and fiscal sustainability
okr.theme
Economic management :: Economic statistics, modeling and forecasting
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
International Economics and Trade :: Export Competitiveness
okr.topic
Poverty Reduction :: Pro-Poor Growth
okr.topic
Urban Development :: National Urban Development Policies and Strategies
okr.unit
GMF South Asia & Indonesia (GMF06)

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