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Omar Abdullah slams IMF over loan to Pakistan: ‘It's using it to…’

The Indian government on Friday contested IMF's decision to provide a $2.3 billion bailout package to Pakistan.

Jammu and Kashmir chief ,inister Omar Abdullah.(ANI)
Updated on May 10, 2025 09:56 AM IST

India opposes IMF $2.3 billion bailout package to Pakistan, abstains from voting

The IMF meeting approved the EFF lending program ($1 billion) and a fresh RSF lending program ($1.3 billion), a government statement said.

Pakistan has been a persistent borrower from the IMF, with a very poor track record of implementation and of adherence to the IMF’s program conditions (HT)
Published on May 10, 2025 01:34 AM IST
ByRajeev Jayaswal, New Delhi

India abstains from IMF vote on Pakistan aid, cites terror concerns, loan misuse

India voiced strong concerns over Pakistan’s history with IMF loans and the risk of funds being diverted to support “state-sponsored cross-border terrorism.”

India skips IMF vote on Pakistan’s financial aid, citing concerns over fund misuse.(AFP)
Updated on May 10, 2025 12:17 AM IST

Who is KV Subramanian, IMF Executive Director sacked by India?

Krishnamurthy V Subramanian, before his posting at the global financial agency, served as the youngest Chief Economic Advisor in India from 2018 to 2021.

Krishnamurthy V Subramanian served as the 17th and the youngest Chief Economic Advisor to Government of India from 2018-2021. (X/@SubramanianKri)
Updated on May 04, 2025 12:24 PM IST

IMF's Indian executive director fired six months before his term ends

Dr Krishnamurthy Subramaniam's services as executive director (India) for the IMF have been terminated as per a government notice.

Dr Krishnamurthy Subramaniam's term as the Indian executive director for the IMF was cut short by the Appointments Committee of the Cabinet.(Prof K Subramianiam / Instagram)
Updated on May 04, 2025 11:29 AM IST
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