ANI
09 May 2025, 18:49 GMT+10
New Delhi [India], May 9 (ANI): Asserting that Pakistan should be 'isolated', Congress leader Pawan Khera on Friday said that they have demanded from the International Monetary Fund not to provide funds to a country which shelters, protects and produces terror.
'The world has to realise that Pakistan will not improve, they'll not correct themselves...It's important to isolate Pakistan. The IMF (International Monetary Fund) is meeting today. We have demanded from the IMF that funds should not be given to a country which shelters, protects and produces terror,' Khera told ANI.
Pakistan's chronic dependence on global bailouts hit another low on Friday as the International Monetary Fund (IMF) prepared to hand over yet another USD 1.1 billion lifeline to the flailing South Asian economy -- a country seemingly incapable of surviving without external aid, ARY News reported.
The IMF's Executive Board is expected to give its nod for the disbursement during its meeting today, part of a long-running USD 7 billion Extended Fund Facility (EFF) program. However, this isn't just another payout -- it's a stark reminder of how Pakistan has reduced itself to a perpetual borrower, unable to manage its economy without IMF intervention.
According to an ARY News report, this deal was confirmed by the IMF Director of Communications, Julie Kozack, who responded to a question during a press conference. Behind the official jargon of 'staff-level agreements' and 'performance criteria' lies the real story: a nation stumbling from crisis to crisis, unable to make tough economic decisions, yet quick to chase handouts.
In its statement, the IMF acknowledged that Pakistan will now receive a total of USD 2 billion under the current bailout, while simultaneously locking itself into yet another 28-month dependency cycle under the RSF, ARY News reported.
The Indian Army during the intervening night of May 8 and May 9 successfully repelled and responded to multiple drone attacks by Pakistan along the western border and the Line of Control (LoC) in Jammu and Kashmir.
The Indian Army said, 'Pakistan Armed Forces launched multiple attacks using drones and other munitions along the entire Western Border on the intervening night of 08 and 09 May 2025. Pak troops also resorted to numerous ceasefire violations (CFVs) along the Line of Control in Jammu and Kashmir. The drone attacks were effectively repulsed and a befitting reply was given to the CFVs. Indian Army remains committed to safeguarding the sovereignty and territorial integrity of the Nation. All nefarious designs will be responded to with force.' (ANI)
Get a daily dose of Kenya Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kenya Star.
More InformationNew Delhi [India], May 9 (ANI): Free Trade Agreements (FTAs) are making India more competitive with markets like the United States...
For Africans, Victory Day was not just about the fall of Hitler, but about the idea that brutal regimes could fall at all Victory...
(250509) -- GUANGZHOU, May 9, 2025 (Xinhua) -- Athletes of Botswana attend a training session before the World Athletics Relays Guangzhou...
A Chinese employee (R) of Wanbao rice farm talks with a local farmer in Xai-Xai City, Gaza Province, Mozambique, April 30, 2025. (Photo...
A contestant participates in the 24th Chinese Bridge-Chinese Proficiency Competition for College Students at the University of Nairobi...
AMMAN, 9th May, 2025 (WAM) -- The UAE participated in the 40th Plenary Meeting of the Middle East and North Africa Financial Action...
LIMA, Peru: Two British women, Miriam Payne (25) and Jess Rowe (28) have restarted their bold journey to row 8,000 miles non-stop across...
Every day, police across Australia investigate thousands of incidents—any one of which could unlock a major case on the other side...
(Athens, May 8, 2025) - Greece faces a media freedom crisis as a result of actions and failures by the Greek government, threatening...
New Delhi [India], May 9 (ANI): The Directorate of Civil Defence, under the Delhi government, carried out the testing of air raid sirens...
New Delhi [India], May 9 (ANI): Asserting that Pakistan should be 'isolated', Congress leader Pawan Khera on Friday said that they...
Bhopal (Madhya Pradesh) [India], May 9 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Friday praised Prime Minister Narendra Modi...