March 20, 2023
1 min read

IMF refutes claim of linking loan with Pak’s nuclear weapons

Earlier, Finance Minister Ishaq Dar promised that there would be no compromise on the country’s nuclear and missile programme…reports Asian Lite News

The International Monetary Fund (IMF) has rubbished claims that the global lender had attached any strings to the revival of a loan programme for Pakistan stalled for months despite the two sides engaged in talks for weeks.

IMF resident representative in Islamabad Esther Perez Ruiz denied attaching any strings to the External Fund Facility (EFF), Geo News reported.

“Regarding recent speculation that programme discussions with the authorities for the ninth review under the IMF supported programme may have covered Pakistan’s nuclear weapons programme, I want to be categoric that there is absolutely no truth to this or any insinuated link between the past or current IMF supported programme and decision by any Pakistani government over its nuclear programme,” the official said.

She further said that the discussions have exclusively focused on economic policies to solve Pakistan’s economic and balance of payments problems, in line with the Fund’s mandate for promoting macroeconomic and financial stability.

On March 16, Finance Minister Ishaq Dar promised that there would be no compromise on the country’s nuclear and missile programme.

He made the statement in the Senate in response to Senator Raza Rabbani’s questions about the delay in signing the agreement with the IMF.

Rabbani regretted that the upper House of the Parliament had “neither before nor today been taken into confidence on what are the conditionalities of the IMF” for extending the loan facility to Pakistan, Geo News reported.

ALSO READ: Indian High Commission in UK vandalised

Previous Story

24 Dubai firms join trade mission to Kazakhstan

Next Story

‘Attack on Indian High Commission unacceptable’

Latest from -Top News

Monsoon Havoc in Pakistan

Since June 26, torrential rains have killed at least 299 people—including 140 children—and injured 715 in Pakistan…reports Asian Lite News Since June 26, torrential monsoon rains have devastated Pakistan, killing at least

Bangladesh’s Dark Turn

With the Awami League outlawed and absent from the electoral fray, a vacuum has emerged — one that has not necessarily been filled with stability….reports Asian Lite News Bangladesh’s political landscape has

Trump Repeats India-Pak Ceasefire Claim

The latest remarks came days after White House Press Secretary Karoline Leavitt asserted that the US President ended several conflicts around the world, including the one between India and Pakistan…reports Asian Lite

Pezeshkian’s Pak Pitch Begins

Pezeshkian’s visit marks the second time an Iranian president has visited Pakistan in less than two years Iranian President Masoud Pezeshkian arrived in Pakistan on Saturday for a two-day official visit, marking

‘Water Bomb’ on Brahmaputra?

Experts say the dam project could alter the river’s natural flow and place downstream nations at risk of floods and droughts. The construction of a mega hydropower dam by China on the
Go toTop

Don't Miss

China forced to change strategy amid CPEC delay

CPEC, most important components of the Belt and Road Initiative

Former Pak Minister Chaudhry Arrested, Says His Wife

Fawad Chaudhry was arrested outside the Supreme Court (SC) in