IMF reviews $1B EFF loan for Pakistan, weighs $1.3B RSF; India flags terror risk, misuse concerns

The International Monetary Fund (IMF) today reviewed the Extended Fund Facility (EFF) lending program ($1 billion) and also considered a fresh Resilience and Sustainability Facility (RSF) lending program ($1.3 billion) for Pakistan. As an active and responsible member country, India raised concerns over the efficacy of IMF programs in case of Pakistan, given its poor track record, and also on the possibility of misuse of debt financing funds for state-sponsored cross-border terrorism: Govt of India.

Leave a Reply

Your email address will not be published. Required fields are marked *