India Asks IMF to Reconsider Pakistan Programme over 'Terror Funding'
- On May 16, Indian Defence Minister Rajnath Singh urged the IMF to reconsider its $1 billion loan to Pakistan, alleging it funds terrorism.
- This call followed deadly clashes between India and Pakistan last week, sparked by a gunmen attack on tourists in Indian-administered Kashmir.
- Singh accused Pakistan's government of supporting terrorism and warned that its nuclear weapons might fall into terrorists' hands without UN oversight.
- The IMF review triggered Indian criticism, with India abstaining from the vote and questioning Pakistan's record on fighting illicit financing and militancy.
- Pakistan vowed to counter any aggression, while British Foreign Secretary David Lammy met Pakistan's foreign minister Ishaq Dar to discuss the Kashmir ceasefire.
61 Articles
61 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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