PAKISTAN AND KENYA Miss Alex Wilson AID AND DEBT

pakistan map/statistics Public debt:             71.4% of GDP (2004 pakistan map/statistics 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.)

PAKISTAN 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.

PAKISTAN 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.

kenya map/ statistics 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.

KENYA 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.

KENYA 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.