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IMF Reviews Pakistan's Budget After Deadly Floods

9/15/2025

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Summary

Story summary

The IMF expressed condolences for the 972 lives lost in Pakistan's floods.
A review will assess Pakistan's fiscal policies and emergency provisions in light of the crisis.
The review will evaluate the FY26 budget's capacity to address flood-related spending needs.
Floods have severely impacted crops and homes, especially in Punjab, with effects spreading to Sindh.
Agricultural damage may lower growth by 0.2 percentage points, while reconstruction demand offers limited relief.

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Story summary

The IMF expressed condolences for the 972 lives lost in Pakistan's floods.
A review will assess Pakistan's fiscal policies and emergency provisions in light of the crisis.
The review will evaluate the FY26 budget's capacity to address flood-related spending needs.
Floods have severely impacted crops and homes, especially in Punjab, with effects spreading to Sindh.
Agricultural damage may lower growth by 0.2 percentage points, while reconstruction demand offers limited relief.