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IMF Board meet: India to put forward position on review of loans to Pakistan


Foreign Secretary Vikram Misri during a press conference, in New Delhi, on Thursday

Foreign Secretary Vikram Misri during a press conference, in New Delhi, on Thursday
| Photo Credit:
Ministry of External Affairs

India’s executive director at the International Monetary Fund (IMF) will put forward the country’s position on review of loans to Pakistan at a board meeting of the global financial institution on Friday, Foreign Secretary Vikram Misri has said.

“We have an executive director at the IMF. Tomorrow there is a meeting of the Board of the IMF, and I’m sure that our executive director will put forward India’s position. The decisions of the Board are a different matter. But I think the case with regard to Pakistan should be self-evident to those people who generously open their pockets to bail out this country,” Misri said in response to a question at a press briefing on Thursday.

In its Board meeting on Friday, the IMF Board will discuss Pakistan’s staff-level agreement for a new $1.3 billion arrangement under a climate resilience loan programme, along with the first review of the ongoing $7 billion bailout package.

Misri indicated that financial support was indirectly enabling Pakistan to fund its military-intelligence operations, including groups such as Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM). “Pakistan’s reputation as the epicentre of global terrorism is rooted in a number of instances… I don’t need to remind where Osama Bin Laden was found and who called him a martyr,” Misri said.

He further pointed out that a large number of terrorists, including those sanctioned by the UN, continue to operate within Pakistan’s borders.

Published on May 8, 2025



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Foreign Secretary Vikram Misri during a press conference, in New Delhi, on Thursday

Foreign Secretary Vikram Misri during a press conference, in New Delhi, on Thursday
| Photo Credit:
Ministry of External Affairs

India’s executive director at the International Monetary Fund (IMF) will put forward the country’s position on review of loans to Pakistan at a board meeting of the global financial institution on Friday, Foreign Secretary Vikram Misri has said.

“We have an executive director at the IMF. Tomorrow there is a meeting of the Board of the IMF, and I’m sure that our executive director will put forward India’s position. The decisions of the Board are a different matter. But I think the case with regard to Pakistan should be self-evident to those people who generously open their pockets to bail out this country,” Misri said in response to a question at a press briefing on Thursday.

In its Board meeting on Friday, the IMF Board will discuss Pakistan’s staff-level agreement for a new $1.3 billion arrangement under a climate resilience loan programme, along with the first review of the ongoing $7 billion bailout package.

Misri indicated that financial support was indirectly enabling Pakistan to fund its military-intelligence operations, including groups such as Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM). “Pakistan’s reputation as the epicentre of global terrorism is rooted in a number of instances… I don’t need to remind where Osama Bin Laden was found and who called him a martyr,” Misri said.

He further pointed out that a large number of terrorists, including those sanctioned by the UN, continue to operate within Pakistan’s borders.

Published on May 8, 2025



Source link

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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution

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