Tag Archives: IMF

Pakistan LoI to IMF

Pakistan: Letter of Intent, Memorandum of Economic and Financial

Policies, and Technical Memorandum of Understanding to IMF



November 20, 2008



1.    In the last decade, Pakistan’s economy witnessed a major economic transformation.


Ø  The country’s real GDP increased from $60 billion in 2000/01 to $170 billion in 2007/08 (fiscal year starts July 1st).


Ø  Per capita income rising from under $500 to over $1,000.


Ø  The volume of international trade increased from about $20 billion to nearly $60 billion.


Ø  Real GDP grew at more than 7 percent a year with relative price stability.

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Filed under Pakistan Economy