Pakistan Imf Loan : After the Pahalgam attack, Pakistan, who sheltered terrorists, is trapped from all sides. On the one hand, he is afraid of war with India, on the other hand he is also struggling with financial crisis. Pakistan needs money in the midst of war, due to which it had to immediately contact the International Monetary Fund (IMF) for loan. After the terrorist attack, India imposed many strict restrictions on Pakistan, causing it to come in a difficult situation. With this, India has started preparing to give him a blow of debt.
Pakistan sought money from IMF, India shocked
Actually, the meeting of the IMF Executive Board is scheduled to be held on 9 May. During this time the issue of stopping climate change will be discussed and a loan of $ 1.3 billion to Pakistan will be reviewed. If Pakistan persuades the IMF, a $ 7 billion bailout package can be finalized, but India can create another problem for Pakistan. India has made a special appeal to the IMF to review the loan for Pakistan.
India demanded loan review
News agency Reuters quoted a source as saying that India has asked the IMF to review the loans given to Pakistan. Militants fired indiscriminately in Pahalgam, Kashmir, killing 26 tourists, which angry India and several action has been taken against Pakistan. Due to the possibility of war, Pakistan has kept the army on alert across the country and deployed it on the entire border.
India’s attempt to stop financial assistance to Pakistan
India is trying to stop financial assistance to Pakistan from IMF. A meeting is going to be held on 9 May regarding the funds received by Pakistan from the IMF. India will oppose Pakistan in this meeting. The IMF agreed to assist $ 7 billion to Pakistan in July 2024. The IMF will review Pakistan’s performance 6 times while providing this assistance. The next installment will be around 1 billion dollars, which will be given after receiving the correct report in the review meeting. India directly alleges that Pakistan can use this money for terrorist attacks. Not only this, if Pakistan gets a loan, it will use it to increase its military power against India or prepare for war, while Pakistan is getting this fund from IMF to improve the country’s economic condition.
