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Title: Pakistan’s Fiscal and Monetary System
Authors: Sakib Sherani
Journal: Lahore Journal of Economics
Publisher: Lahore School of Economics, Lahore
Country: Pakistan
Year: 2006
Volume: 11
Issue: Special Edition
Language: English
DOI: https://doi.org/10.35536/lje.2006.v11.isp.a2
The paper addresses the structural rigidities in the fiscal system. The fiscal rigidity has resulted in a fiscal overhang over the monetary policy of the SBP. The author contends that policy should be geared to reduce the fiscal tax burden on the formal sector and to reduce the fiscal domination over monetary policy.
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