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
IMF Staff Country Reports, September 20, 2010
Source details
- Canonical URL
- 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
Other formats
Bibliographic details
- Published: September 20, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455208623.002
Overview
- The floods in Pakistan are described as 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).
- The economic outlook has deteriorated sharply as a result of the floods.
Economic impact and projections
- Prior to the floods, IMF staff had projected a GDP growth rate of 4ΒΌ percent for 2010/2011.
- Prior to the floods, IMF staff had projected an annual inflation rate of 11.5 percent for 2010/2011.
- The report emphasizes that actual outcomes will hinge on effects on agricultural output along the Indus and its tributaries.
Policy request and IMF framework
- The Pakistani authorities formally request financial assistance under ENDA (Emergency Natural Disaster Assistance).
Subjects and keywords (as listed in the document)
- 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 and document identifiers (from the landing page)
- Date: September 20, 2010
- Pages: 36
- Volume: 2010
- Issue: 295
- Series: Country Report No. 2010/295
- DOI: https://doi.org/10.5089/9781455208623.002
- Stock No: 1PAKEA2010005
- ISBN: 9781455208623
- ISSN: 1934-7685
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.