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

‘Kill and Dump’ Haunts Balochistan Again

The latest killings have reignited accusations of extrajudicial executions and the use of counterterrorism laws to cover up custodial deaths in Balochistan….reports Asian Lite News Concerns have deepened across Balochistan following the

‘ASEAN Expands, But Keeps Its Soul’

Malaysian Foreign Minister Mohamad Hasan urged ASEAN to uphold its unity and strategic resolve amid intensifying geopolitical tensions and mounting external pressures…reports Asian Lite News Consensus and inclusivity will remain the cornerstones

Bangladesh bends to beat Trump’s blow

Dhaka seeks compromise as Trump’s 35% tariff looms large over key exports; Washington urges worker protections, factory relocation to US…reports Asian Lite News Bangladesh has opened the second round of critical trade

China seethes as US lands F-35s in PH

As US F-35 jets land in the Philippines for the first time, Manila cements its frontline role in Washington’s power play against rising China….reports Asian Lite News The Philippines is rapidly cementing
Go toTop

Don't Miss

Decision on next Pak Army Chief soon

Sources within Pakistan Muslim League – Nawaz (PML-N) have already

Gruesome murder of 11 yr old girl jolts Pakistan

Officials said that the age of the girl was between