01733cas a2200241 a 4500 AALejournalIMF001729 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451830590 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Pakistan : Third Review Under the Stand-By Arrangement and Request for Waiver of Performance Criterion. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (58 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Pakistan showed commendable performance under the Stand-By Arrangement. Executive Directors noted the substantial progress in the structural reforms, but expressed concerns about the slippage in revenue performance, and heavy foreign exchange intervention in the kerb market to meet the reserves' program targets. They stressed the need to build foreign exchange reserves, improve monetary and exchange rates, liberalize the foreign exchange interbank market, improve governance, and strengthen the financial system. They agreed that Pakistan has successfully completed the third review under the Stand-By Arrangement, and approved a waiver. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2001/178 Full text available on IMF http://elibrary.imf.org/view/journals/002/2001/178/002.2001.issue-178-en.xml IMF e-Library