India Asks IMF To Review Loans To Pakistan

The heinous act of killing innocent travellers at Pahalgam has been condemned by almost all countries. Out of 56 OPEC, except one all condemned the terrorist act source says. The government of India has also taken it very seriously and taken different actions to corner the country keeping the military option open to teach a severe lesson to terrorists involved and organisations, countries behind source say. The atmosphere in India is coming back to normal slowly but Pakistan is much worried not about the resultant actions but the effects likely to come in the way in getting a loan from the IMF source says. 

On the 9th of this month, one meeting of the executive committee of the IMF is to take place to take stock of the current situation of Pakistan for consideration of the 7 billion dollar loan package source says. This 37-month deal will be decided by the IMF after 6 meetings and if Pakistan fails to convince the members, there is every possibility that IMF deny the package source says. The indication will emerge from the meeting of 9 Th and if it does not get through even the first instalment of 1 billion dollars will not be released source says. The impact of denial will severely affect the already precarious financial position of the country, a source says.  The government of India has already blocked the social media sites of all important leaders of Pakistan to teach them lessons for wrong and malicious propaganda source says.