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Since the terrorist attacks of September 11, 2001, there has been increased public interest in informal funds transfer (IFT) systems. This paper examines the informal hawala system, an IFT system found predominantly in the Middle East and South Asia. The paper examines the historical and...
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This paper discusses economic performance status and policy developments of Pakistan. Amid setbacks to structural …
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This 2015 Article IV Consultation highlights that starting from a difficult position in 2013, Pakistan has made … expected to gradually rebound to the State Bank of Pakistan's target of mid-single digits …
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This Selected Issues paper reviews Pakistan's tax regime, evaluates the level and composition of tax revenues, and … estimates tax buoyancy and efficiency. Despite recent progress under the program, Pakistan's tax revenue remains very low …
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