IMF clears $1 billion for Pakistan amid drone strikes on India; New Delhi warns of terror funding risk
The International Monetary Fund has approved the immediate release of $1 billion to Pakistan under its Extended Fund Facility (EFF), bringing total disbursements under the arrangement to $2.1 billion. The board is also evaluating a separate $1.3 billion package under the Resilience and Sustainability Facility (RSF), aimed at climate-linked reforms. India abstains, flags risk of…