US EditionOperation Sindoor: IMF urges India-Pakistan de-escalation, confirms Islamabad bailout review to happen on May 9
- On May 9, the IMF Board will review Pakistan’s bailout programme amid rising tensions between India and Pakistan following recent military strikes.
- The review follows Pakistan’s $7 billion Extended Fund Facility approved in September 2024, with India questioning the effectiveness of previous IMF bailouts.
- India plans to voice its opposition at the meeting through its IMF Executive Director Parameswaran Iyer and aims to restrict financial flows that support terrorism in Pakistan.
- Foreign Secretary Vikram Misri urged the IMF Board to look "deep within" before approving more aid, highlighting 25 bailout arrangements and $6.23 billion in outstanding IMF loans to Pakistan.
- The outcome may affect the release of approximately $1 billion in the next tranche and could influence regional stability amid escalating Indo-Pakistani confrontations.
26 Articles
26 Articles
FirstUp: IMF to review Pakistan’s $1.3 billion package amid tensions with India and other news of the day
The International Monetary Fund (IMF) is scheduled to meet today to review Pakistan’s staff-level agreement for a $1.3 billion loan under a climate resilience programme, amid rising tensions between Islamabad and New Delhi. Notably, India is likely to raise objections and vote against the aid package. Meanwhile, Russia will celebrate 80 years since the Allied victory over Nazi Germany in World War II with its ‘Victory Day’ military parade today
India Likely To Urge IMF To Exercise Caution On Bailout Package To Pakistan
A day ahead of a crucial meeting of the International Monetary Fund (IMF) in Washington, India on Thursday hinted that it could communicate its view to the global financial body on its bailout package for Pakistan.
India's Stance Ahead of IMF Decision on Pakistan Bailout
India's Stance Ahead of IMF Decision on Pakistan Bailout India is poised to express its views on the International Monetary Fund's bailout package for Pakistan at a significant board meeting in Washington on Friday. Foreign Secretary Vikram Misri revealed that India's representative at the IMF will articulate the country's position at the meeting.Misri expressed confidence that the executive director would effectively convey India's stance, even…
US demands immediate de-escalation in calls with S Jaishankar, Pak PM Shehbaz Sharif
Tensions between India and Pakistan have escalated sharply following India's launch of Operation Sindoor, a counterattack in response to the recent terrorist attack in Pahalgam. On the evening of May 8, Pakistan retaliated by targeting several Indian cities with missiles and drones. In response, the Indian Armed Forces struck back decisively. Amid this rising conflict, U.S. Secretary of State has called for an immediate de-escalation during disc…
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