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Originally published by Capital Businessbusiness
May 15, 2025
7mo ago
Why India could not stop IMF bailout to Pakistan
MAY 15 - Last week the International Monetary Fund (IMF) approved a $1bn (£756m) bailout to Pakistan – a move that drew sharp disapproval from India as Kenya breaking news | Kenya news today |..
✨ Key Highlights
The International Monetary Fund (IMF) approved a $1bn bailout for Pakistan despite strong objections from India, highlighting ongoing tensions between the two nations.
- $1bn approved as part of a larger $7bn loan package for Pakistan.
- India expressed concerns over potential misuse of funds for "state-sponsored cross-border terrorism."
- Pakistan has received 24 bailouts since 1958 without significant reforms, raising questions about the efficacy of such IMF assistance.
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