The Economic Outlook for Pakistan

Pakistan’s economy remains highly vulnerable to several aspects of the country’s current reality: continued security issues, political uncertainty, and two recent and severe floods. Large fiscal deficits keep inflation high and limit growth, and the outlook for the short and medium term is not good.

Paul Ross, senior economist at the International Monetary Fund (IMF) and former IMF resident representative in Pakistan, will present the IMF’s recommendations to contain these vulnerabilities and place Pakistan on a growth trajectory. Milan Vaishnav, postdoctoral research fellow at the Center for Global Development, will serve as a discussant. Carnegie’s Ashley J. Tellis will moderate.