IMF’s recent engagements on infrastructure governance

Public Investment Management Assessment (PIMA) March 2023
Climate PIMA (C-PIMA) March 2023



Summary of PIMA report

(Published in November 2023)


With Pakistan’s rapid population growth and large diverse country, it is imperative that public infrastructure effectively supports economic growth and service delivery. In practice, public investment by the federal government, which accounts for less than half of all public investment in Pakistan, has tended to vary with economic conditions. Comparisons with peers suggests that Pakistan’s capital stock and efficiency of public investment are both relatively low. Ensuring public infrastructure is climate resilient is also critical given Pakistan’s exposure to climate risks. All modelled global warming scenarios suggest that Pakistan's weather patterns will become more unstable and severe. Increasingly frequent and severe extreme weather events such as floods, heatwaves, and droughts pose a significant threat to the country's infrastructure.


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