In response to Pakistan’s devastation by the floods, the International Monetary Fund (IMF) announced on Sunday that it will collaborate with other nations to boost relief and rehabilitation operations.
“We will work with others in the international community to support, under the current program, the authorities’ relief and reconstruction efforts, and especially their ongoing endeavor to assist those affected by the floods while ensuring sustainable policies and macroeconomic stability,” the IMF’s Resident Representative in Islamabad Esther Perez Ruiz said in a statement.
“IMF is deeply saddened by the devastating impact of the floods in Pakistan,” the statement added.
Over 33 million individuals have been affected by the floods. According to the most recent information provided by the National Disaster Management Authority (NDMA), over 1,500 people have died since June 14th in over 81 districts in Sindh, Punjab, Balochistan, and Khyber Pakhtunkhwa that have been officially designated as “calamity stricken”.
Recent flooding has resulted in the partial or complete destruction of almost 1.7 million homes, 269 bridges, and 6,675 kilometers of highways.
Over 8.3 million acres of crops have been impacted, and 750,223 heads of cattle have perished.
To read our blog on “Pakistan’s economic outlook continues to be highly vulnerable: IMF,” click here.