Imf loan to pakistan: The International Monetary Fund (IMF) has announced a bailout package of $ 1 billion to Pakistan. The office of Pakistan Prime Minister Shahbaz Sharif (PMO) announced this. On behalf of Shahbaz Sharif’s office, it was told that the IMF on Friday (May 9, 2025) approved the immediate amount of $ 1 billion to Pakistan under the current extended fund facility.
According to the statement issued by the PMO, “Prime Minister Shahbaz Sharif has expressed satisfaction with the IMF on behalf of the IMF to accept a $ 1 billion installment for Pakistan and India’s failure of India’s arbitrariness. The statement said that Pakistan’s economic situation has improved and the country is moving towards development.
India expressed strong opposition
India on Friday opposed the IMF proposal to give a new US dollar loan to Pakistan and said that this money could be misused to fund the state -sponsored border terrorism. India stayed away from voting in an important meeting of the International Monetary Fund held in this regard.
The results of the voting were in favor of Pakistan and it was given a loan from the IMF. India expressed concern over IMF programs in view of Pakistan’s previous poor record as a responsible member country. The Finance Ministry said in a statement that this amount received to Pakistan can be used to fund terrorism across the state sponsored border.
Dangerous messages for global community- India said
It is worth noting that the IMF Board met on Friday to review the Extended Fund Facility (EFF) loan program, in which India lodged its protest. A new flexibility and stability facility (RSF) loan program ($ 1.3 billion) was also considered in this meeting.
India said that a dangerous message is sent to the global community by continuously rewarding the border terrorism. Due to this, the reputation of the agencies and donors who are funded also at risk and makes fun of global values.
(With PTI input)
(This is breaking news. It is being constantly being updated.)
