IMF approves $1 billion disbursement to Pakistan, says PM Shehbaz Sharif’s office | Latest News India
May 09, 2025 11:29 PM IST The decision comes after New Delhi had asked the IMF to review its loans to Pakistan citing its continued support for cross border terrorism against India Pakistan government on Friday said the International Monetary Fund’s (IMF) executive board approved the first review of its $7 billion program, freeing $1 billion in cash for the country locked in a conflict with India over the April 22 Pahalgam terror attack. Pakistan’s Prime Minister Office claimed that the country’s economic situation has “improved” and “moving towards development”.(AFP file) “Prime Minister Muhammad Shehbaz Sharif expresses satisfaction over the approval of a $1 billion tranche by the International Monetary Fund (IMF) for Pakistan,” the Prime Minister Office (PMO) office said in a statement. Also read | India looks to undercut Pakistan on world stage The latest approval brings the total disbursements to $2 billion within the $7 billion program. The latest sanction comes after New Delhi had asked the IMF to review its loans to Pakistan citing its continued support for cross border terrorism …
