pakistan floods losses

Pakistan says it has secured financing needed for IMF bailout – WSJ

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Pakistan says it has secured financing needed for IMF bailout – WSJ

Pakistan has secured financing that the International Monetary Fund required it to first arrange before considering a bailout deal worked out between IMF staff and the country, the Wall Street Journal reported on Sunday. The IMF board will meet later on Monday to take up Pakistan’s programme review to decide whether to approve a tranche … Read more

Pakistan flooding deaths pass 1,000 in ‘climate catastrophe’

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Pakistan flooding deaths pass 1,000 in ‘climate catastrophe’

Deaths from widespread flooding in Pakistan topped 1,000 since mid-June, officials said Sunday, as the country’s climate minister called the deadly monsoon season “a serious climate catastrophe.” Flash flooding from the heavy rains has washed away villages and crops as soldiers and rescue workers evacuated stranded residents to the safety of relief camps and provided … Read more