New Delhi: The International Monetary Fund (IMF) is set to meet on Friday (May 9) to consider whether to give a green signal to its new $1.3 billion deal bailout package for Pakistan. The bailout package is for Pakistan’s climate resilience loan programme. Notably, the IMF meeting assumes great significance as tensions are soaring between Pakistan and India following ‘Operation Sindoor’, which was carried out by Indian armed forces to avenge the Pahalgam terror attack.
Meanwhile, Foreign Secretary Vikram Misri said India’s executive director at the IMF could communicate its view to the IMF on its bailout package for Pakistan.
“I’m sure that our executive director will put forward India’s position,” Misri said at a media briefing, adding, “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.”
India is expected to urge International Monetary Fund (IMF) to exercise caution on $1.3 billion deal bailout package to Pakistan. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
