August 9 (Reuters) - floods in Pakistan, the worst to hit the country in 80 years, is "serious damage to the economy," the International Monetary Fund said Monday that donors and investors' concerns grew the impact of disaster on an already fragile economy .
Torrent "is very likely to seriously affect the economy in terms of lost production and budgetary implications," an IMF spokesman told Reuters. "Under these circumstances, support from the international community is important."
The spokesman did not say if Pakistan can affect the economic impact of $ 11300000000 IMF program, but he said IMF officials were in contact with the authorities to assess the situation.
Pakistan approached the IMF for emergency funds in November 2008 to avoid a crisis of balance of payments and strengthen reserves.
While economic growth has accelerated, Pakistan has struggled to achieve specific objectives in the program, especially the increase in tax revenue to allow more public spending.
The country has been created to receive 1100000000 U.S. dollars under the program after a performance review under the IMF this month.
The spokesman said the IMF Managing Director Dominique Strauss-Kahn said Pakistan President Asif Ali Zardari, the Fund is ready to discuss how to help Pakistan manage the economic impact of floods.
"The staff have been in touch with their Pakistani counterparts to assess the situation and discuss ways to help," he added.
More than 1600 people were killed and about two million left homeless by floods that began 10 days ago, after the monsoon rains in the upper Indus sink has caused havoc in northern Pakistan in the southern province of Sindh.
Monday, August 9, 2010
Pakistan floods 'worst disaster ever'
United nations in flooding in Pakistan's largest humanitarian crisis in History on Monday, said disaster than the people in the South Asian tsunami and recent earthquake in Kashmir and Haiti and impact.
Although the 1,600 people in Pakistan today, waste of 610,000 people in the three previous events have killed some 2 to 13.8 million - Loss from operations that are experiencing short-or long-term
Maurizio Giuliano, spokesman for the UN Office for the Coordination of Humanitarian Affairs (Ocha) said that the threat is worse than the tsunami earthquake in Pakistan in 2005 and earthquakes in Haiti.
Comparison shows the size of the crisis in Pakistan to facilitate government inefficiencies and corruption of the battles flood
Area that extends from the valley in the north hit the 600,000 people depend on assistance in southern Sindh.
Billions of pounds are needed to create the affected area. But Western countries have pledged millions of Radical Islamic groups are jockeying help fill void by the incompetence and indifference of the government left the country.
Khyber Pakhtunkhwa former North - West Frontier Province and the theater of the bloody Taliban insurgency has been destroyed by the flooding river. Steel girder bridge over the river in Charsadda, created by the British at the height of the Empire Khyal is a strain of the stairs. It is a major gateway in the region and the loss of their relief efforts hampered.
Their brown water of the swollen Khyal, three times the normal width of his anger under the home and farm.
"There are people here at 80 you have to say that they saw nothing in his life" Arif Khan Jabbar leaders in the city, said Oxfam. "It is a farming area with a large middle class have lost everything and the effect of this disturbance very storm of protest in the city people for food
This problem will repeat throughout Pakistan's 1.7 million people, about one million poor people by government flood 10,000 packets of food in 10 days since the release in case of disaster to eat only 80,000.
Flood victims are homeless, aimless, set in sticky red mud. Lost River is impressive.
"The response to the crisis in the West has been warming up," Khan said. "Local governments need to understand what happened. While Khan has managed to block, only chlorine in the hole to prevent the spread of e coli and cholera, and corporate payments to families to be able to store food purchased Charsadda market is still active.
Nearby city of Peshawar is based on the area for most of their food quickly and prices in local markets - such as the length of Pakistan
Even people died Monday in a remote mountain province in northern Pakistan in the torrent swept away or buried in a landslide
Islamabad government has admitted to not deal with such disasters.
Pakistani Prime Minister Yousuf Raza Gilani left to deal with the crisis on President Asif Ali Zardari visited the United Kingdom and France, said flooding in Pakistan will set back years.
Jean - Maurice Ripert, Special Envoy of the United Nations disaster, "said the increased level of funds for rehabilitation needs in Pakistan, he said the emergency phase to hundreds of million of people will rebuild. Spent billions of dollars. "
Although the 1,600 people in Pakistan today, waste of 610,000 people in the three previous events have killed some 2 to 13.8 million - Loss from operations that are experiencing short-or long-term
Maurizio Giuliano, spokesman for the UN Office for the Coordination of Humanitarian Affairs (Ocha) said that the threat is worse than the tsunami earthquake in Pakistan in 2005 and earthquakes in Haiti.
Comparison shows the size of the crisis in Pakistan to facilitate government inefficiencies and corruption of the battles flood
Area that extends from the valley in the north hit the 600,000 people depend on assistance in southern Sindh.
Billions of pounds are needed to create the affected area. But Western countries have pledged millions of Radical Islamic groups are jockeying help fill void by the incompetence and indifference of the government left the country.
Khyber Pakhtunkhwa former North - West Frontier Province and the theater of the bloody Taliban insurgency has been destroyed by the flooding river. Steel girder bridge over the river in Charsadda, created by the British at the height of the Empire Khyal is a strain of the stairs. It is a major gateway in the region and the loss of their relief efforts hampered.
Their brown water of the swollen Khyal, three times the normal width of his anger under the home and farm.
"There are people here at 80 you have to say that they saw nothing in his life" Arif Khan Jabbar leaders in the city, said Oxfam. "It is a farming area with a large middle class have lost everything and the effect of this disturbance very storm of protest in the city people for food
This problem will repeat throughout Pakistan's 1.7 million people, about one million poor people by government flood 10,000 packets of food in 10 days since the release in case of disaster to eat only 80,000.
Flood victims are homeless, aimless, set in sticky red mud. Lost River is impressive.
"The response to the crisis in the West has been warming up," Khan said. "Local governments need to understand what happened. While Khan has managed to block, only chlorine in the hole to prevent the spread of e coli and cholera, and corporate payments to families to be able to store food purchased Charsadda market is still active.
Nearby city of Peshawar is based on the area for most of their food quickly and prices in local markets - such as the length of Pakistan
Even people died Monday in a remote mountain province in northern Pakistan in the torrent swept away or buried in a landslide
Islamabad government has admitted to not deal with such disasters.
Pakistani Prime Minister Yousuf Raza Gilani left to deal with the crisis on President Asif Ali Zardari visited the United Kingdom and France, said flooding in Pakistan will set back years.
Jean - Maurice Ripert, Special Envoy of the United Nations disaster, "said the increased level of funds for rehabilitation needs in Pakistan, he said the emergency phase to hundreds of million of people will rebuild. Spent billions of dollars. "
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