Srinagar (Jammu and Kashmir)
India
On May 10 (ANI), the Jammu and Kashmir Chief Minister said:
Omar Abdullah
criticized the ruling made by the International Monetary Fund (
IMF
) to proceed with its choice to keep financing
Pakistan
The Chief Minister of J&K lamented that the reimbursement has not been processed.
IMF
is being utilized to strike multiple locations throughout Jammu and Kashmir.
On a post on X, CM Abdullah appealed to the international community and stated that providing funds to
Pakistan
Would not lead to de-escalation but would instead encourage further aggressive acts, allowing them to persist in causing destruction in areas like Poonch, Rajouri, Uri, and Tangdhar, among many others.
He commented on X, “‘I am uncertain about how the ‘international community’ believes the present tensions in the subcontinent will be resolved.’”
IMF
essentially reimburses
Pakistan
for all the ordnance it is using to devastate Poonch, Rajouri, Uri, Tangdhar & so many other places.”
https://x.com/OmarAbdullah/status/1921024713981063364
His remarks come after the International Monetary Fund approved the first review of
Pakistan
‘s economic reform program under the Extended Fund Facility (EFF), enabling a disbursement of approximately USD 1 billion.
India
, however, firmly opposed providing funds to a country that continues to sponsor cross-border terrorism, warning that such support carries reputational risks for global institutions and undermines international norms.
In a post on X, the
IMF
said, ”
IMF
Board approved the first review of
Pakistan
‘S economic reform initiative under the EFF has facilitated a disbursement of approximately $1 billion, indicating robust implementation that has aided ongoing economic recuperation.’
IMF
News/status/1920931733551411303″ target=”_blank” rel=”noopener”>https://x.com/
IMF
News/status/1920931733551411303
India
abstained from the recent
IMF
vote on approving a loan to
Pakistan
, not due to a lack of opposition, but because
IMF
rules do not permit a formal “no” vote, sources added.
Further, New Delhi conveyed its strong dissent within the constraints of the
IMF
‘s voting system and used the opportunity to record its objections formally.
India
‘s key objections included:
India
also questioned the effectiveness of ongoing
IMF
assistance, noting that
Pakistan
Has garnered backing over 28 out of the previous 35 years, with four initiatives launched within the most recent half-decade, all without significant or enduring changes, and emphasized the lack thereof.
Pakistan
The ongoing control exerted by the military over economic matters hinders transparency, civilian supervision, and lasting reforms.
In its official statement,
India
raised significant concerns regarding
Pakistan
his history with past projects
IMF
Loans and the possible misappropriation of funds for “state-supported terrorism across borders.”
”
India
‘s concerns extended beyond economic considerations to governance issues, particularly the role of
Pakistan
‘s military in economic affairs. The statement pointed out that ”
Pakistan
military’s deeply entrenched interference in economic affairs poses significant risks of policy slippages and reversal of reforms.” It referenced a 2021 UN report that described military-linked businesses as the “largest conglomerate in
Pakistan
“and highlighted the army’s present predominant position in
Pakistan
‘S Special Investment Promotion Council.
Earlier today, CM
Omar Abdullah
Expressed sorrow over the death of J&K Administrative Services Officer Raj Kumar Thappa. The Chief Minister of Jammu and Kashmir extended his sympathies, as Thappa passed away when his residence was hit by cross-border shelling.
Pakistan
in Rajouri.
Pakistan
On Saturday, they conducted transboundary artillery fire, resulting in considerable destruction within civilian zones of Jammu’s Rajouri district and intensifying anxieties among locals.
Multiple blasts wrecked numerous homes and establishments throughout the area, causing alarm amongst the locals.
India
initiated the counterattacks right away afterwards
Pakistan
attacked 26 locations across
India
On Saturday, according to sources speaking to ANI, sporadic gunfire continues at multiple locations near the Line of Control (LoC).
At minimum, four airbases are located at
Pakistan
were hit by
India
Several attacks occurred during the predawn hours on Saturday, according to high-level governmental insiders, as hostilities between the two nations intensify.
Drones have been spotted at 26 sites along the International Border and LOC.
Pakistan
These consist of potential armed drones. They were spotted in various areas including Baramulla, Srinagar, Avantipora, Nagrota, Jammu, Ferozpur, Pathankot, Fazilka, Lalgarh Jattah, Jaisalmer, Barmer, Bhuj, Kuarbet, and Lakhi Nala. Unfortunately, an armed drone attacked a civilian zone in Ferozpur, causing injuries among a local household. Medical aid has been administered to those affected, and security personnel have secured the region.
The
India
The Armed Forces are keeping a high level of readiness, with all airborne threats monitored and addressed through anti-drone technology. This scenario remains under strict surveillance at all times, ensuring immediate measures where needed. People living near borders should stay inside, avoid non-essential travel, and adhere closely to guidelines provided by local officials. Although alarm isn’t required, increased awareness and caution are crucial,” stated the Ministry of Defence. (ANI)
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).
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