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IMF to Provide US$450 Million in Immediate Emergency Assistance to Pakistan and Work Toward Completion of Stand-By Arrangement Program Review
September 02, 2010
WASHINGTON, Sept. 2 -- The International Monetary Fund issued the following news release:

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), announced today that the Fund will provide around US$450 million in immediate emergency financing to Pakistan to help the country manage the aftermath of the massive and devastating floods that have hit the country.

"The floods in Pakistan are first and foremost a human tragedy still af . . .

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