'Met targets': IMF defends $1bn bailout package to Pakistan despite India's pushback

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Times of India 15h ago

'Met targets': IMF defends $1bn bailout package to Pakistan despite India's pushback - Times of India

Quick Summary:

Despite India's concerns over Pakistan's support for terrorism, the IMF has disbursed a $1 billion bailout package, stating Pakistan met all required targets under the Extended Fund Facility.

The decision followed a review where the IMF board determined Pakistan had made progress on reforms.

It had made progress on some of the reforms, and for that reason, the Board went ahead and approved the program," she said.