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New Delhi's plan to ask IMF to review Pak. loans is politically motivated: Islamabad

New Delhi's plan to ask IMF to review Pak. loans is politically motivated: Islamabad

The Hindu
Sunday, May 04, 2025 12:33:21 AM UTC

Pakistan dismisses India's request for IMF review as politically motivated, as tensions escalate post-Pahalgam terror attack.

Ahead of the International Monetary Fund’s (IMF) crucial review meeting next week, Pakistan has termed “politically motivated” India’s announcement that it will request the global lender to review Islamabad’s financial support programme after the Pahalgam terror attack.

The Express Tribune said on Saturday (May 3, 2025) quoting officials that India’s attempt to involve the IMF “is an extension of its political campaign to isolate Pakistan diplomatically”.

The IMF Executive Board is scheduled to meet Pakistan officials on May 9 for the first review of the Extended Funding Facility (EFF), and request for an arrangement under the resilience and sustainability facility.

India on Friday said it would be asking global multilateral agencies, including the IMF, to have a relook at funds and loans provided to Pakistan, as New Delhi seeks to corner the neighbouring state diplomatically following the dastardly April 22 terror attack in Pahalgam which killed 26 tourists.

Authorities have identified five terrorists — including three Pakistani nationals — behind the massacre in Pahalgam.

Islamabad has rejected the accusations and called for an impartial international investigation.

Prime Minister Narendra Modi on April 24 vowed to punish the terrorists behind the Pahalgam terror attack and those part of the conspiracy beyond their imagination, asserting that the country's enemies targeted not merely unarmed tourists but dared to attack India's soul.

Read full story on The Hindu
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