Pakistan seeks IMF loan, claims X account hacked amid India tensions
- BySomya Bhaskar
- 09 May, 2025
- 0 Comments
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Pakistan has requested a $1.3 billion loan from the IMF under the Resilience and Sustainability Facility, with a key meeting scheduled for May 9. This comes in the wake of significant economic turmoil following India's Operation Sindoor, which reportedly caused major losses and a stock market crash.
Ahead of the IMF meeting, a post from Pakistan's official X (formerly Twitter) account appealed for more international loans due to the crisis.
However, after backlash, Pakistan claimed the account was hacked and disowned the statement. The Ministry of Information and Broadcasting labeled the post as "fake news."
Despite the denial, the Economic Affairs Division issued a separate appeal for international assistance, citing escalating conflict and financial distress.
India, meanwhile, has criticized IMF funding to Pakistan, arguing that the loans indirectly support terror networks like LeT and JeM.
Foreign Secretary Misri emphasized Pakistan's history of harboring terrorists, referencing Osama Bin Laden and UN-sanctioned individuals operating freely there.
He added that India's recent military action was a response to the April 22 Pahalgam terror attack and reiterated India's focus on stability, not escalation.
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