India Asks IMF to Reconsider Pakistan Programme over 'Terror Funding'
- Indian Defence Minister Rajnath Singh called on May 16 for the IMF to reconsider its US$1 billion loan to Pakistan, alleging it funds terrorism.
- This demand followed recent intense clashes between India and Pakistan over Kashmir, sparked by a hostile attack in April that New Delhi blames on Islamabad.
- Singh stated to troops that terrorism and Pakistan's government cooperate closely, warning that nuclear weapons could possibly fall into terrorist hands, posing a global danger.
- Prime Minister Shehbaz Sharif visited troops on May 15, affirming Pakistan's readiness to counter any aggression and denying involvement in militant attacks.
- The IMF approved and released the loan amidst concerns over Pakistan's financial crisis and militant financing, while Islamabad criticized India for political desperation.
66 Articles
66 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...


‘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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