Ntambaswala
JF-Expert Member
- Dec 7, 2008
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4 August 2010 Last updated at 06:46 GM
Pakistan seeks IMF loan restructuring after floods‎
Officials says more than 16 million people have now been affected by the flooding
Officials from Pakistan are holding talks with the International Monetary Fund to discuss its $11bn loan package in the wake of the devastating floods.
The IMF's regional director, Masood Ahmed, told the BBC the organisation wanted to find a way to help Pakistan "through this difficult phase".
This could include lowering some fiscal targets or allowing Pakistan to apply for emergency natural disaster funding.
Earlier, UN officials described the humanitarian situation as critical.
Continue reading the main story Pakistan's Monsoon Floods
They said that although the UN had raised 70% of the $460m (£295m) needed for emergency relief, many people had yet to receive any help. In the UK, relief agencies say public donors have now given £29m ($45m).
Government officials and aid agencies in the southern province of Sindh said 80% of those affected had fled their homes.
The Indus river outside the city of Hyderabad is at its highest for more than 50 years and is expected to rise further on Tuesday.
Prime Minister Yousuf Raza Gilani is expected to hold high level talks on Tuesday on Pakistan's medical needs, amid growing concern of a public health disaster.
Mara nyingi tumesikia hoja kutoka kwa watu wanaotetea Tanzania kujiunga na OIC kuwa faida mojawapo tutakayopata kama nchi ni kupata mikopo nafuu na hivyo kutolazimika kukopa kutoka nchi au taasisi za magharibi ambazo ni za kibeberu na hazina nia njema na sisi hata pia dini ya Kiislamu
Sasa nashangaa Pakistan mwanachama nguli wa IMF toka 1969 inaomba mkopo toka IMF?? si ingevuta tu mkopo au msaada toka OIC au kutoka taasisi kibao zilizo chini ya OIC?.
Ndio hapo utakapobaini kuwa OIC ina ajenda pana zaidi ya hayo tunayoaambiwa ya mikopo na misaada.............
Pakistan seeks IMF loan restructuring after floods‎
Officials from Pakistan are holding talks with the International Monetary Fund to discuss its $11bn loan package in the wake of the devastating floods.
The IMF's regional director, Masood Ahmed, told the BBC the organisation wanted to find a way to help Pakistan "through this difficult phase".
This could include lowering some fiscal targets or allowing Pakistan to apply for emergency natural disaster funding.
Earlier, UN officials described the humanitarian situation as critical.
Continue reading the main story Pakistan's Monsoon Floods
- Floods 'consuming' southern villages
- Damage and challenges
- Army boosted by aid effort
- Your pictures: Shangla
They said that although the UN had raised 70% of the $460m (£295m) needed for emergency relief, many people had yet to receive any help. In the UK, relief agencies say public donors have now given £29m ($45m).
Government officials and aid agencies in the southern province of Sindh said 80% of those affected had fled their homes.
The Indus river outside the city of Hyderabad is at its highest for more than 50 years and is expected to rise further on Tuesday.
Prime Minister Yousuf Raza Gilani is expected to hold high level talks on Tuesday on Pakistan's medical needs, amid growing concern of a public health disaster.
Mara nyingi tumesikia hoja kutoka kwa watu wanaotetea Tanzania kujiunga na OIC kuwa faida mojawapo tutakayopata kama nchi ni kupata mikopo nafuu na hivyo kutolazimika kukopa kutoka nchi au taasisi za magharibi ambazo ni za kibeberu na hazina nia njema na sisi hata pia dini ya Kiislamu
Sasa nashangaa Pakistan mwanachama nguli wa IMF toka 1969 inaomba mkopo toka IMF?? si ingevuta tu mkopo au msaada toka OIC au kutoka taasisi kibao zilizo chini ya OIC?.
Ndio hapo utakapobaini kuwa OIC ina ajenda pana zaidi ya hayo tunayoaambiwa ya mikopo na misaada.............
