India Pakistan War: On one hand, India has given a befitting reply to Pakistan’s attack and brought it to his knees in just 48 hours. At the same time, a decision will be taken in the IMF meeting today to provide financial assistance to the pauper Pakistan and the impact of the Indo-Pakistan dispute is visible in it.
India retaliated on Pakistan (India vs Pakistan) that its arrogance ended in just 48 hours. In response to the Pahalgam terror attack, India first carried out air strikes under Operation Sindoor and destroyed 9 Indian bases in Pakistan and PoK. On one hand, after a big defeat from India, Pakistan may now get a shock from the IMF as today is the day of the decision.
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Market declines, China’s silence, now hope from IMF
Playing against India is expensive for Pakistan. He is being attacked from all sides. Around 100 terrorists were killed in the first Indian air strike, while Indian drone attacks caused panic in most cities. Fearing Indian action, there was a stampede in the Pakistani stock market and the market declined due to stampede among investors.
Poverty -stricken Shahbaz Sharif government once again requested China for financial assistance from the IMF. But while China is silent on Pakistan’s demand to increase the swap line of Pakistan from 30 billion yuan to 40 billion yuan, it is expected to get a shock from the IMF as well. There will be an important meeting in this regard today i.e. on 9 May.
The Executive Board of the International Monetary Fund (IMF) is going to meet today and it can be decided to provide financial assistance to Pakistan. Pakistan has sought $ 1.3 billion (36,550 crore Pakistani rupee) assistance from the International Monetary Fund and according to Pakistani media, the IMF can decide this in today’s meeting. It is worth noting that this amount is part of Pakistan’s 37 -month bailout program.
IMF meeting focused on these issues
Citing the International Monetary Fund, the report stated that today’s meeting will focus on Pakistan’s request to amend the new system under extended fund facility (EFF), performance standards and flexibility and stability facility (RSF). Although Pakistan is expected to approve a $ 1.3 billion installment in this meeting, the issue of its nefarious attack on India may also arise in the meeting. Pakistan’s move is being criticized from all sides and it is feared that the IMF may also try to steal Pakistan’s money.
