IMF / PAKISTAN

The International Monetary Fund's Executive Board approves a $451 million emergency assistance package for Pakistan to help the South Asian nation manage the immediate relief in the aftermath of the devastating floods that have crippled the country. IMF / OCHA

• Categories: News & Features / News Stories / Unifeed
• Video Length: 00:01:06
• Production Date: 16 September 2010
• Asset Language: Original
• Corporate Name: OFFICE FOR THE COORDINATION OF HUMANITARIAN AFFAIRS - OCHA; INTERNATIONAL MONETARY FUND - IMF
• Subject Topical: HUMANITARIAN RELIEF; REFUGEES; DISPLACED PERSONS; DISASTER PREVENTION; DISASTER PREPAREDNESS; DISASTER RELIEF
• Geographic Subject: PAKISTAN
• MAMS Id: U100916h

Description

STORY: IMF / PAKISTAN
TRT: 1:06
SOURCE: IMF / OCHA
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 15 SEPTEMBER 2010, WASHINGTON, DC / FILE

Shotlist

IMF – 15 SEPTEMBER 2010, WASHINGTON, DC

1. Wide shot, IMF headquarters
2. SOUNDBITE (English) Adnan Mazarei, Mission Chief for Pakistan, International Monetary Fund:
“It’s too early to have a full estimate of the economic impact, but what is already clear is that this is a disaster of massive proportions, both in terms of the human consequences and for the economy.”

OCHA - SEPTEMBER 2010, SUKKUR, GHAUSPUR, PAKISTAN

3. Various shots, aerial view of flooding
4. Various shots, refugee camp

IMF – 15 SEPTEMBER 2010, WASHINGTON, DC

5. SOUNDBITE (English) Adnan Mazarei, Mission Chief for Pakistan, International Monetary Fund:
“The loan will go to the government of Pakistan and it will be used to support the population that has been affected by the floods. The money will be spent on health, shelter, and food.”

OCHA - SEPTEMBER 2010, SUKKUR, GHAUSPUR, PAKISTAN

6. Various shots, children in refugee camp

Storyline

The International Monetary Fund’s (IMF) Executive Board has approved a $451 million emergency assistance package for Pakistan to help the South Asian nation manage the immediate relief in the aftermath of the devastating floods that have crippled the country.

The sum will be disbursed immediately under the IMF’s Emergency Natural Disaster Assistance policy, which provides rapid and flexible financial assistance for countries with an urgent balance of payments need caused by a natural disaster.

Pakistan’s economic outlook has deteriorated sharply as a result of the floods. The agriculture sector, which accounts for 21 percent of GDP and 45 percent of employment, has been hit particularly hard.