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India had abstained during nan IMF vote, protesting what it called a bailout of bad behavior. “You can’t explosive civilians and inquire for money successful nan aforesaid breath,” said 1 Indian official, calling nan IMF determination a “strategic blunder.”
With complete $130 cardinal successful outer indebtedness and reserves successful freefall, Pakistan had small room to maneuver.
The International Monetary Fund’s $2.4 cardinal bailout package for Pakistan whitethorn person done much than stave disconnected an economical meltdown — it apt helped avert war. On Friday, nan IMF approved nan important indebtedness contempt objections from India, which accused Pakistan of cross-border aggression amid escalating subject tensions.
The bailout — including $1 cardinal from an existing programme and a caller $1.4 cardinal ambiance resilience indebtedness — was a make-or-break infinitesimal for Islamabad. The costs stabilized Pakistan’s overseas reserves and helped it meet looming indebtedness repayments. But sources now opportunity Washington's greenlight came pinch a quiet condition: peace.
According to sources cited by India Today TV, nan United States pressured Pakistan to work together to a ceasefire pinch India successful speech for nan urgently needed rate infusion.
There’s small uncertainty that nan $1 cardinal tranche was linked to an contiguous de-escalation, nan sources added, noting nan timing of nan ceasefire conscionable days earlier nan IMF board’s vote.
I americium very proud of nan beardown and unwaveringly powerful activity of India and Pakistan for having nan strength, wisdom, and fortitude to afloat cognize and understand that it was clip to extremity nan existent aggression that could person lead to to nan decease and demolition of truthful many,…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) May 11, 2025The ceasefire followed 3 days of aggravated fighting. Though Pakistan’s subject sought a bilateral truce, nan woody reportedly came aft U.S. Secretary of State Marco Rubio and Vice President JD Vance intervened. President Donald Trump later claimed he personally brokered nan statement aft "long hours of negotiation.”
India had abstained during nan IMF vote, protesting what it called a bailout of bad behavior. “You can’t explosive civilians and inquire for money successful nan aforesaid breath,” said 1 Indian official, calling nan IMF determination a “strategic blunder.”
With complete $130 cardinal successful outer indebtedness and reserves successful freefall, Pakistan had small room to maneuver.
Published on: May 11, 2025 10:46 AM IST
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