Pahalgam Attack Aftermath: Pakistan stunned when India’s demand of loan review from IMF, called it a political conspiracy

New Delhi| Just before the important meeting of the International Monetary Fund (IMF) in the coming week, Pakistan has described India’s announcement as politically motivated, in which India had asked the IMF to demand a review of Pakistan’s debt and funding. A Pakistani newspaper quoted government officials as saying that this decision of India is part of its campaign to isolate Pakistan diplomatically. Pakistan says that India is deliberately dragging global institutions like IMF into this so that international pressure on Pakistan increases.

IMF meeting next week
The IMF Executive Board will meet Pakistani officials on May 9. It will review the $7 billion Extended Financing Facility (EFF) for Pakistan and talk of helping the Resilience and Stability Facility under a new plan.

India’s stance tough after Pahalgam terrorist attack
India on Friday said it will request all global financial institutions, including the IMF, to re-examine the loans and aid being given to Pakistan. India’s move comes after the April 22 terror attack in Pahalgam, Jammu and Kashmir, which killed 26 innocent tourists. India alleged that three of the five terrorists involved in this attack are Pakistani citizens. At the same time, Pakistan has rejected these allegations and demanded an impartial international investigation.

Strong message from PM Modi
Prime Minister Narendra Modi said in a stern tone on 24 April that terrorists and their helpers would be punished in a way they could not even imagine. He called it not just an attack on tourists but on the soul of India. In the high-level meeting held on 29 April, PM Modi has given complete freedom to the army to take action against terrorists.

Pakistan called IMF program strong
Here Pakistan has said that the relief package of seven billion dollars received by it from IMF has been used in the right direction and is important for the economic stability of the country. “This program is not just stabilizing Pakistan, but is also increasing confidence among international investors”, said Khurm Shahzad, an advisor to Pakistan’s Finance Ministry He said that in the recent meetings held in Washington, Pakistan received good response from global organizations. In March 2025, Pakistan has also received additional funding of $1.3 billion to combat climate change.