The economic adviser’s wing of the finance ministry has estimated a 25% year-on-year inflation for the year 2010-11.

Pakistan­’s tainted past and reputation to implement slowly and poorly, and donor fatigue might hamper rehabili­tation.

Most of the $315 million pledged will be distributed through the United Nations and foreign NGOs.

The decision was taken by a six-member ministerial committee set up by the Economic Coordination Committee.

Pakistan wants to delay the IMF Executive Board meeting in a bid to gain more time for tax reforms.

The completion of highway projects have been delayed due to non-availability of financial resources.

The surcharge will help to create an additional fiscal space to rebuild Pakistan's flood-battered infrastructure.

Pakistan’s trade deficit widened by 24 per cent in July as import growth surpassed the growth in exports.

Authorities are afraid that food prices may increase in coming months due to disruption caused by floods.