IMF Staff Country Reports

Pakistan: Use of Fund Resources-Request for Emergency Assistance-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan.

September 20, 2010

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Pakistan: Use of Fund Resources-Request for Emergency Assistance-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Pakistan., (USA: International Monetary Fund, 2010) accessed December 22, 2024

Summary

The floods in Pakistan are a natural disaster of massive proportions. The overall impact will critically depend on how the floods will affect agricultural output along the Indus and its tributaries. The Pakistani authorities request financial assistance under the IMF policy for Emergency Natural Disaster Assistance (ENDA). Based on these developments, prior to the floods, IMF staff had projected a GDP growth rate of 4¼ percent and an annual inflation rate of 11.5 percent for 2010/2011. The economic outlook has deteriorated sharply as a result of the floods.

Subject: Budget planning and preparation, Environment, Monetary base, Money, Natural disasters, Public debt, Public financial management (PFM), Revenue administration

Keywords: Banking sector liquidity, Budget planning and preparation, CR, Deficit, Disbursement of an amount equivalent, Financing, Government, IMF's basic rate, ISCR, Monetary base, Natural disasters, Pakistan's financing, Staff's assessment

Publication Details

  • Pages:

    36

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/295

  • Stock No:

    1PAKEA2010005

  • ISBN:

    9781455208623

  • ISSN:

    1934-7685