US EditionIndia Asks IMF to Reconsider Pakistan Programme over 'Terror Funding'
- Indian Defence Minister Rajnath Singh urged the IMF on May 16 to reconsider a US$1 billion loan to Pakistan due to terror funding concerns.
- This call followed escalated military clashes last week in Kashmir, a disputed region administered by both countries and central to their conflicts.
- Singh alleged Islamabad uses IMF funds for terrorism and warned of risks that Pakistan's nuclear weapons could fall into terrorist hands.
- Around 70 people died in the recent clashes, and Pakistan’s Prime Minister Shehbaz Sharif, visiting troops on May 15, affirmed readiness to counter any aggression.
- India abstained from the IMF loan approval citing Pakistan’s poor track record, while Islamabad denied terror backing and called Singh’s remarks desperate.
65 Articles
65 Articles
India asks IMF to reconsider Pakistan programme over funding
Indian Defence Minister Rajnath Singh said Friday the International Monetary Fund (IMF) should reconsider a one billion dollar loan to Pakistan alleging it was "funding terror", a move denounced by Islamabad as proof of New Delhi's desperation. India and Pakistan last week clashed in the worst military violence in decades, killing around 70 people before agreeing a ceasefire that began Saturday. The confrontations were sparked by an attack on to…
India presses IMF to halt Pakistan loan, alleges 'terror funding'
The logo of the International Monetary Fund , is seen during a news conference in Santiago, Chile, July 23, 2019. — Reuters Indian Defence Minister Rajnath Singh has asked the International Monetary Fund to suspend a $1 billion loan to Pakistan, accusing the country of "sponsoring...
Malay Mail
AlKhaleej Today‘Funding terror’: India urges IMF to halt Pakistan's US$1b loan
SRINAGAR, INDIA, May 16 — Indian Defence Minister Rajnath Singh said today the International Monetary Fund (IMF) should reconsider a US$1 billion (RM4.3 billion) loan to Pakistan alleging it was “funding terror”, a move denounced by Islamabad as proof of New Delhi’s desperation. India and Pakistan last week clashed in the worst military violence in decades, killing around 70 people before agreeing a ceasefire that began tomorrow. The confrontati…
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