Transcript pakistan and egypt - School

Public Debt-71.4% of GDP (2004
est.)
Population:162,419,946 (July 2005
est.)
Population growth rate:2.03%
(2005 est.) Birth rate:30.42
births/1,000 population (2005 est.)
Death rate:8.45 deaths/1,000
population (2005 est.)
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Pakistan’s aid and debt management system will be improved under a
$790,000 technical assistance grant provided by the Asian development.
On 26th September the international monetary fund (IMF) approved a
$135million cash injection into Pakistan.
Pakistani finance minister Shaukat Aziz hopes that Japan will provide long
term debt relief etc to help it deal with losses stemming from the September
11th terrorist attacks on the US.
Aziz estimated that Pakistan’s economic losses are between $2billion and
$3billion.The US has committed $1billion in emergency aid to Pakistan and
Japan has donated $300million in grant aid to help the Pakistani economy.
Aziz says that Pakistan is negotiating a medium term loan package with the
IMF under the poverty education and growth facility.
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Donors have announced $3 billion in new pledges of quake aid for Pakistan,
which means they have a total of $5.4 billion in loans and grants to rebuild
their country after the 8th October earthquake.
The world bank pledged $1billion, the Islamic development bank pledged
$501 million, Saudi Arabia pledged $473million, China promised $300million
and India has offered $25million in aid.
Pakistan need warmer shelters to guard against the night time temperatures.
Donor countries need to provide their fair share of resources and help which is
required ( short term aid is needed, as well a long term)
Tokyo has also offered $40million in emergency aid.
Nearly half of Pakistan’s $38billion external debt is owed to international
financial institutions such as world bank, Asian development bank and the
IMF and the remaining half is to bilateral donors.
Debt/ external-$6.792 billion
(2004 est.)
Population:33,829,590
Population growth
rate:2.56% (2005 est.)
Birth rate:40.13 births/1,000
population (2005 est.)
Death rate:14.65 deaths/1,000
population (2005 est.
• Oxfam's education campaign has been running since 1999,
campaigning for the abolition of school fees and for more aid. In recent
years the school fees in Kenya have been abolished seeing children
flood back into schools as a result.
• The IMF team had to visit Kenya in August to review their situation
before the programmes second six-monthly instalment of $36million
could be approved.
• The US is Kenya’s biggest bilateral donor, and is also considering
whether or provide money from its millennium challenge account
programme.
• Eighteen months after sweeping to power, the Kenyan government is
lurching towards a deepening crisis with allegations of high level
corruptions and donors are now threatening to hold back aid.
• Unless the government shows that they're serious about fighting graft,
donors are unlikely to provide crucial support needed to plug a
$36billion shilling hole. And if the donors fail to fill the gap then a
3years, $252million IMF loan agreement could be jeopardised.
• The IMF began to lend money to Kenya again last November, after it
had been suspended at various points in the 90’s because of systematic
corruption.