IMF 'reimbursing' Pakistan for ammunition it is using for border attacks: J-K CM Omar Abdullah  

Jammu and Kashmir Chief Minister Omar Abdullah on Saturday hit out at the IMF for granting USD 1 billion loan to Pakistan, saying the global financial organisation was "essentially reimbursing" Islamabad for the ammunition used to devastate border areas of the Union Territory.

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The International Monetary Fund on Friday approved the disbursement of around USD 1 billion to Pakistan under the Extended Fund Facility (EFF).

"I'm not sure how the 'International Community' thinks the current tension in the subcontinent will be de-escalated when the IMF essentially reimburses Pakistan for all the ordnance it is using to devastate Poonch, Rajouri, Uri, Tangdhar & so many other places," Abdullah said in a post on X.

India abstained from the vote at the IMF, pointing out that rewarding continued sponsorship of cross-border terrorism, sending a dangerous message to the global community exposing funding agencies and donors to reputational risks and making a mockery of global values.