LAHORE - Participants at a roundtable held in Islamabad Thursday agreed on various actions to be taken to mitigate the negative impact on the microfinance sector caused by the recent floods in the country. Organized by the Pakistan Microfinance Network (PMN), in collaboration with the Consultative Group to Assist the Poor (CGAP) and the International Finance Corporation (IFC), the Roundtable had active participation of PMN members including microfinance banks, microfinance institutions as well as rural support programmes; and representatives of donor agencies and other stakeholders. A number of agreement points came out of the roundtable. These included a highlighting of the critical needs of the hour: in depth third party assessment of the damage caused by floods to microfinance to better allocate funds to be received; management of a rehabilitation initiative for the microfinance sector by a credible institution; well thought out strategies for post-flood microfinance relief that does not disrupt credit discipline; and political sensitization to the operational realities of microfinance that would have considerable implications on any relief that is to be provided for it.