DON’T TEACHER OF PAKTANTIKO CONSULTANT, the flexibility of budget

The International Monetary Fund (IMF) has expressed deep sadness over the loss of lives in recent devastating Pakistani floods and announced that the second mission of economic review would also evaluate the impact of the disaster on the economy, as well as the financial demands for recovery and recovery.

According to sources, the IMF team will evaluate whether Pakistan’s fiscal policies and emergency measures are sufficient to tackle the crisis.

“The mission will evaluate whether the FY26 budget, expenditure distributions and emergency provisions remain adequately flexible to address the needs of the floods required,” said Mahir Binici, a IMF spokesman in Pakistan.

Read more: The IMF nod searched for relief from power to the victims of floods

The review will also examine the budget 2025-26, expenditure distributions and relief provisions to determine how they respond effectively to the urgent needs of floods.

The government had already reached the IMF for post -disaster relief measures, and Prime Minister Shehbaz Sharif suspended electricity bill collections for August from consumers in flood areas.

It directs distribution companies to comply immediately, adding that the payments already made by affected consumers will be adjusted to their subsequent accounts.

Flash floods have killed 972 people so far, according to the National Disaster Management Authority.

Floods have destroyed crops, animals and houses throughout the Punjab province and are now pushing in Sid, threatening to inflation to fresh foods and deeper difficulties in the nation of South Asia with cash.

Pakistan’s state bank is expected to maintain its main interest rate at 11% on Monday, as policy -makers are weighing the risk of inflation from crop losses against a slowdown in the economy. An analyst estimates that agricultural damage could shave up to 0.2 percentage points from growth this year, with demand led by reconstruction only offering partial shift.

It is worth noting that an IMF mission is scheduled to arrive in Islamabad on September 25 to launch talks on the release of the third billion dollars’ third loan, without prejudice to the completion of the second review of the economy. The IMF team will remain in Islamabad until October 8th.

With additional entry from Reuters