News

The International Monetary Fund executive board approved on Friday a fresh $1.4 billion loan to Pakistan under its climate ...
India chose to abstain from the vote, expressing deep concerns over the move. The Indian government conveyed strong ...
J&K CM Omar Abdullah questioned the IMF's decision to fund Pakistan amid cross-border attacks, while India warned of misuse ...
The International Monetary Fund executive board approved on Friday the first review of its $7 billion program with Pakistan, ...
The IMF approved Pakistan's economic reform review under the EFF, allowing $1 billion disbursement. India opposed funding.
India abstained from voting during the IMF meeting held Friday, where the lender approved the tranche, bringing total ...
India abstained from the vote because the voting system does not allow for a formal “no” vote. The members can only vote “yes” or abstain. There is no provision to vote against a loan or proposal.
Pakistan came to the brink of default in 2023, as a political crisis compounded an economic downturn and drove the nation's ...
The IMF would immediately release the $1 billion second loan tranche under the EFF while the $1.3 billion would be disbursed ...
India strongly opposed further financial assistance from the IMF to Pakistan at the executive board meeting held on Friday, ...
At Friday’s IMF Executive Board meeting, India abstained from the vote but made its objections clear, expressing concern ...
The International Monetary Fund (IMF) has completed the first review of Pakistan’s Extended Fund Facility (EFF), approving a ...