financial assistance to pakistan

India's executive director at the IMF will present the nation's stance at a board meeting concerning a proposed $1.3 billion loan to Pakistan. India urges IMF board members to deeply consider the facts, given Pakistan's history with bailout programs. The government is also pushing for a review of funds to Pakistan by other multilateral agencies.

India-Pakistan tensions: India has voiced strong concerns at the IMF's Executive Board meeting regarding bailout packages for Pakistan, citing its poor track record and potential misuse of funds for terrorism. India highlighted Pakistan's repeated reliance on IMF programs, questioning their effectiveness and the country's economic policies.

Following the recent terror attack in Jammu and Kashmir, India is preparing to urge international financial institutions like the IMF and World Bank to reassess their financial aid to Pakistan. This diplomatic push comes before a crucial IMF meeting where Pakistan's financial arrangements will be discussed. India aims to highlight concerns about Pakistan's role in fueling terrorism.

India is escalating its efforts against Pakistan, urging international bodies like the IMF to re-evaluate financial aid due to alleged support for terrorism. New Delhi seeks a review of IMF loans, including a recent $1.3 billion climate resilience loan, and is engaging with the World Bank and Asian Development Bank.

Omar Abdullah criticized the international community and IMF for approving a $1 billion loan to Pakistan amidst heightened tensions and cross-border conflict. He suggested the funds could indirectly support Pakistan's military actions. The IMF approved the disbursement despite India's opposition and concerns that the funds might be misused for terrorism, leading India to abstain from the vote.

Pakistan's Economic Affairs Division faced a social media controversy after a post, later claimed to be a hack, appealed for international loans amid escalating tensions with India. This occurred following India's "Operation Sindoor" in response to a terrorist attack, leading to retaliatory strikes and market instability, with the Karachi Stock Exchange plummeting.

Its benchmark index has dropped more than 10,000 points in two days since India’s strike on terrorist infrastructure in Pakistan

Andhra Pradesh Deputy Chief Minister Pawan Kalyan has strongly condemned pro-Pakistan sentiments expressed by some individuals in India, particularly during national crises. He urged those who harbor affection for Pakistan to relocate there. Kalyan's remarks referenced televised debates where certain leaders allegedly showed support for Pakistan. This statement follows the recent terrorist attack that killed 26 civilians.

Following the Pahalgam attack, India has taken several actions against Pakistan. India suspended the Indus Waters Treaty and closed the Wagah-Attari border. Diplomatic ties were downgraded, and Pakistani diplomats were declared persona non grata. Visas for Pakistani nationals were revoked, and airspace was closed. Trade and shipping ties have been suspended.

India-Pakistan tensions impact: Escalating tensions with India pose a significant threat to Pakistan's fragile economic recovery, potentially derailing its IMF bailout program and access to international financing. Pakistan's vulnerability stems from its high external debt, limited foreign exchange reserves, and reliance on international aid.

For over three decades Pakistan-born and bred terrorists have struck across the world, with impunity and with very little consequence to the state who uses them as assets

Suspending the Indus treaty is not enough. What is required is a series of complicated bargaining using India’s market, political and cultural influence across the world to hurt Pakistan

Kapil Sibal credited the Congress-led UPA government for the extradition of Tahawwur Rana, a 26/11 Mumbai terror attacks accused, highlighting the establishment of the NIA during their tenure. The NIA, formed shortly after the attacks, played a crucial role in registering the case and expressing displeasure to the US regarding Rana's initial release.