March 20, 2023
1 min read

IMF refutes claim of linking loan with Pak’s nuclear weapons

Earlier, Finance Minister Ishaq Dar promised that there would be no compromise on the country’s nuclear and missile programme…reports Asian Lite News

The International Monetary Fund (IMF) has rubbished claims that the global lender had attached any strings to the revival of a loan programme for Pakistan stalled for months despite the two sides engaged in talks for weeks.

IMF resident representative in Islamabad Esther Perez Ruiz denied attaching any strings to the External Fund Facility (EFF), Geo News reported.

“Regarding recent speculation that programme discussions with the authorities for the ninth review under the IMF supported programme may have covered Pakistan’s nuclear weapons programme, I want to be categoric that there is absolutely no truth to this or any insinuated link between the past or current IMF supported programme and decision by any Pakistani government over its nuclear programme,” the official said.

She further said that the discussions have exclusively focused on economic policies to solve Pakistan’s economic and balance of payments problems, in line with the Fund’s mandate for promoting macroeconomic and financial stability.

On March 16, Finance Minister Ishaq Dar promised that there would be no compromise on the country’s nuclear and missile programme.

He made the statement in the Senate in response to Senator Raza Rabbani’s questions about the delay in signing the agreement with the IMF.

Rabbani regretted that the upper House of the Parliament had “neither before nor today been taken into confidence on what are the conditionalities of the IMF” for extending the loan facility to Pakistan, Geo News reported.

ALSO READ: Indian High Commission in UK vandalised

Previous Story

24 Dubai firms join trade mission to Kazakhstan

Next Story

‘Attack on Indian High Commission unacceptable’

Latest from -Top News

Oman Breaks Gulf Taboo on Income Tax

There is no other country in the 6-member Gulf Cooperation Council that imposes income tax….reports Asian Lite News Oman has officially become the first Gulf country to introduce a personal income tax,

Fresh Israeli Raids Hit Iran

The strikes came shortly after Iran fired a missile at Israel before dawn and triggered air raid sirens across much of the country….reports Asian Lite News Israel conducted a new wave of

Awami League Blasts Yunus ‘Propaganda’

Sheikh Hasina’s party slammed Ordinance No. 30, 2025, calling state recognition of the event an attempt to legitimise an “unconstitutional and unethical conspiracy….reports Asian Lite News Bangladesh’s ruling Awami League has strongly

Netanyahu: Iran Goals Near

Netanyahu pledged not to let Israel get dragged into a “war of attrition” with Tehran…reports Asian Lite News Israeli Prime Minister Benjamin Netanyahu claimed on Sunday that Israel is “very close” to
Go toTop

Don't Miss

Protests for rights enter 17th day in Gwadar

The protesters were not asking the Balochistan government for employment

Pakistan: Enraged Khyber Pakhtunkhwa residents storm grid to restore power

People in Khyber Pakhtunkhwa entered the grid station after holding