‘heavy Losses Inflicted’: Pakistan Govt Asks For More Loans From International Partners

The Economic Affairs Division of nan Pakistan authorities has asked for a bigger dole from its world partners, citing dense losses pursuing nan retaliation by Indian forces. This comes up of Pakistan’s gathering pinch nan International Monetary Fund coming that will reappraisal nan extended backing installation to Islamabad. 

“Govt of Pakistan appeals to International Partners for much loans aft dense losses inflected by enemy. Amid escalating warfare and stocks crash, we impulse world partners to thief de-escalate. Nation urged to stay patient (sic),” stated nan Economic Affairs Division of nan Pakistan government.

However, nan officials later backtracked. According to Reuters, nan economical section did not station nan tweet asking for much loans from world partners, and that their X relationship has been hacked. 

Meanwhile, India has indicated that it whitethorn impulse nan International Monetary Fund (IMF) to workout be aware regarding its bailout package to Pakistan. Foreign Secretary Vikram Misri stated astatine a Ministry of External Affairs briefing that India's executive head astatine nan IMF will coming New Delhi's position during nan meeting. He emphasised that nan IMF committee should cautiously see nan facts earlier approving immoderate bailout for Pakistan.

Misri questioned nan occurrence of erstwhile bailout packages, noting that Pakistan has received 24 specified packages from nan IMF, but fewer person reached successful conclusions. He said nan committee members request to bespeak profoundly and measure nan business thoroughly earlier making decisions.

The IMF committee gathering will reappraisal Pakistan's economical capacity nether its existent IMF-supported programme. It will determine connected indebtedness disbursements, programme extensions, aliases argumentation adjustments. Pakistan managed to unafraid $7 cardinal successful bailout backing from nan IMF past year, aft which it was granted a caller $1.3 cardinal ambiance resilience indebtedness successful March. The IMF is expected to talk a $1.3 cardinal indebtedness to Pakistan today.

Published on: May 9, 2025 10:22 AM IST