Brief by Shorts91NewsDesk / 03:10am on 03 May 2025,Saturday India Global
In the wake of the April 22 Pahalgam attack, where 26 civilians were killed, India has urged the IMF to review its $1.3 billion loan to Pakistan, expressing concerns over potential misuse of funds for defense or debt repayment. India attributes the attack to Pakistan-based militants, a claim Pakistan denies, calling for a neutral investigation. The incident has escalated tensions, leading to diplomatic downgrades, suspension of the Indus Waters Treaty, and border closures. Both nations have engaged in cross-border skirmishes, raising fears of further escalation. The international community, including the U.S., has called for de-escalation and cooperation in addressing terrorism. The IMF's decision on the loan remains pending amid these heightened tensions. (PC: Mint & IMF)