Despite India’s ‘Terror Sponsorship’ Objection, IMF’s $1-Billion Bailout For Pak

The International Monetary Fund (IMF) has approved the immediate disbursement of a $1 billion tranche to Pakistan under its ongoing $7 billion Extended Fund Facility (EFF), despite strong objections from India, which cited concerns over terrorism financing and Pakistan’s poor track record with previous IMF programs.The IMF board also approved a new $1.3 billion Resilience and Sustainability
The International Monetary Fund (IMF) has approved the immediate disbursement of a $1 billion tranche to Pakistan under its ongoing $7 billion Extended Fund Facility (EFF), despite strong objections from India, which cited concerns over terrorism financing and Pakistan’s poor track record with previous IMF programs.The IMF board also approved a new $1.3 billion Resilience and Sustainability
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