01628cas a2200241 a 4500 AALejournalIMF004649 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451830699 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Pakistan : Staff Report for the 2006 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (56 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 The demand pressures associated with the large terms-of-trade gains are reflected in a fast real appreciation of the ruble, although more of this has come through nominal appreciation during the last year. The risks to the outlook are evenly balanced and depend mostly on oil price developments. Current policies raise medium-term risks. IMF staff welcomed the greater focus on inflation control, but cautioned that additional exchange rate flexibility would be needed to meet the end-2006 target, especially at a time when demand pressures are exacerbated by fiscal relaxation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/426 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/426/002.2006.issue-426-en.xml IMF e-Library