MINISTRY OF FINANCE

IMF STAND-BY
GROUP 9 ARRANGEMENT 2023
Ibrahim Sohail
Aiza Shahid
Hamza Moin
Rana Ahmed
Ariha Rashid
Samawia Hamid
 Ministry of Finance -
Mission, Vision and Goals

Mission Vision Goals

To execute sound Maintaining national economic Allocative
and equitable and financial stability for efficiency
economic and sustainable and inclusive growth Public Finance
financial policies for Management
sustained economic Fiscal
development. Management
Debt
sustainability
Expenditure
control
SWOT Matrix
Strategic location in Youth bulge as a potential
geopolitics. demographic dividend

S Large and youthful population.

Negotiating power O Abundance of mineral
resources
Opportunities for strategic
alliances with other nations

Political instability Overpopulation straining

Climate change challenges resources

W affecting agriculture
Tensions and hostilities with
T Unstable political system
Poor agricultural productivity
neighboring countries impacting food security
Project - IMF SBA 2023
OBJECTIVES:
STAKEHOLDERS:
Facilitate fiscal adjustment
and debt sustainability Ministry of Power
Stabilize Exchange Rate and State Bank of Pakistan
Foreign Exchange market
Eliminate shortages during
external shocks
Focus on energy sector 7+8TH REVIEW 9TH REVIEW SBA
viability, governance of SOEs EFF EFF JUL 2023
SEPT 2022 JAN 2023
and climate resilience
 Managerial Control

MECHANISTIC LONG CHAIN OF IMPLEMENTS

COMMAND AND QUALITY
ORGANISATION -
NARROW SPAN MANAGEMENT
BUREUCRATIC
OF CONTROLS SYSTEM OF
CONTROL
ISO-9001-2000
Managerial Control - Internal
Dynamics
Role of the hierarchical structure and regimentation in
decision-making and conflict resolution

Seniority is respected

Limited negotiation team in high stakes situation

Agility in Decision Making

IMPROVISED WORKING NEGOTIATION AND

STRATEGIC ALLIANCE COALITION MODEL
HOURS ALIGNMENT

Involves both IMF Both entities Ministry of Finance Adjusted and

and the Ministry of share a common adjusting working Aligned with IMF
Finance aligning goal of stabilizing hours to IMF‘s time requirements
their objectives, Pakistan's zones and working without
and exchanging economy and overtime due t o compromising long
resources and ensuring fiscal time constraints term economic
expertise sustainability goals.
Agility in the Finance Department
TIME BOUND
OPERATIONS

CRISIS MANAGEMENT

CONTINGENCY
PLANNING
Managerial Effectiveness
- Analysis
Strategic response to deadlock situation

Adaptability to external factors

Budget implementation in accordance with IMF’s

directives

Stakeholder coordination
 Conclusion
Secured initial $1.2 billion from Stand-By Arrangement:

Allowed focus on sustainable budget implementation

Prevented defaulting on the external front

Provided economic direction and stability

Thank you!