IMF says Pakistan's flood spending, budget agility to be reviewed

(Reuters) -The International Monetary Fund expressed deep condolences on Saturday for the loss of life caused by Pakistan’s devastating floods and said its upcoming Extended Fund Facility review mission will evaluate whether the country’s fiscal policies and emergency provisions can effectively address the crisis, a senior IMF official said.

“The mission will assess whether the FY26 budget, its spending allocations and emergency provisions remain sufficiently agile to address the spending needs necessitated by the floods,” said Mahir Binici, the IMF’s resident representative in Pakistan.

The flash floods have killed 972 people so far, according to Pakistan’s National Disaster Management Authority.

The floods have destroyed crops, livestock and homes across Punjab province and are now pu