Pakistan News
Why India could not stop IMF bailout to Pakistan
Last week the International Monetary Fund (IMF) approved a $1bn (£756m) bailout to Pakistan – a move that drew sharp disapproval from India as military hostilities between the nuclear-armed neighbours flared, before a US-led ceasefire was unexpectedly declared.
Despite India’s protests, the IMF board approved the second instalment of a $7bn loan, saying Islamabad had demonstrated strong programme implementation leading to a continuing economic recovery in Pakistan.
It also said the fund would continue to support Pakistan’s efforts in building economic resilience to “climate vulnerabilities and natural disasters”, providing further access of around $1.4bn in funding in the future.
In a strongly worded statement India raised concerns over the decision, citing two reasons.
Delhi questioned the “efficacy” of such bailouts or the lack thereof, given Pakistan’s “poor track record” in implementing reform measures. But more importantly it flagged the possibility of these funds being used for “state-sponsored cross-border terrorism” – a charge Islamabad has repeatedly denied – and said the IMF was exposing itself and its donors to “reputational risks” and making a “mockery of global values”.
The IMF did not respond to the BBC’s request for a comment on the Indian stance.
Even Pakistani experts argue that there’s some merit to Delhi’s first argument. Pakistan has been prone to persistently seeking the IMF’s help – getting bailed out 24 times since 1958 – without undertaking meaningful reforms to improve public governance.
“Going to the IMF is like going to the ICU [intensive care unit]. If a patient goes 24 or 25 times to the ICU then there are structural challenges and concerns that need to be dealt with,” Hussain Haqqani, former Pakistani ambassador to the US, told the BBC.

But addressing Delhi’s other concerns – that the IMF was “rewarding continued sponsorship of cross-border terrorism” thereby sending a “dangerous message to the global community” – is far more complex, and perhaps explains why India wasn’t able to exert pressure to stall the bailout.
India’s decision to try to prevent the next tranche of the bailout to Islamabad was more about optics then, rather than a desire for any tangible outcome, say experts. As per the country’s own observations, the fund had limited ability to do something about the loan, and was “circumscribed by procedural and technical formalities”.
As one of the 25 members of the IMF board, India’s influence at the fund is limited. It represents a four-country group including Sri Lanka, Bangladesh and Bhutan. Pakistan is part of the Central Asia group, represented by Iran.
Unlike the United Nations’ one-country-one-vote system, the voting rights of IMF board members are based on a country’s economic size and its contributions – a system which has increasingly faced criticism for favouring richer Western countries over developing economies.
For example, the US has the biggest voting share – at 16.49% – while India holds just 2.6%. Besides, IMF rules do not allow for a vote against a proposal – board members can either vote in favour or abstain – and the decisions are made by consensus on the board.
“This shows how vested interests of powerful countries can influence decisions,” an economist who didn’t want to speak on the record told the BBC.
Addressing this imbalance was a key proposal in the reforms mooted for the IMF and other multilateral lenders during India’s G20 presidency in 2023.
In their report, former Indian bureaucrat NK Singh and former US treasury secretary Lawrence Summers recommended breaking the link between IMF voting rights and financial contributions to ensure fairer representation for both the “Global North” and the “Global South”. But there has been no progress so far on implementing these recommendations.
Furthermore, recent changes in the IMF’s own rules about funding countries in conflict add more complexity to the issue. A $15.6bn loan by the fund to Ukraine in 2023 was the first of its kind by the IMF to a country at war.
“It bent its own rules to give an enormous lending package to Ukraine – which means it cannot use that excuse to shut down an already-arranged loan to Pakistan,” Mihir Sharma of the Observer Research Foundation (ORF) think tank in Delhi told the BBC.

If India really wants to address its grievances, the right forum to present them would be the United Nations FATF (Financial Action Task Force), says Mr Haqqani.
The FATF looks at issues of combating terror finance and decides whether countries need to be placed on grey or black lists that prevent them from accessing funds from bodies like the IMF or the World Bank.
“Grandstanding at the IMF cannot and did not work,” said Mr Haqqani. “If a country is on that [FATF] list it will then face challenges in getting a loan from the IMF – as has happened with Pakistan earlier.”
As things stand though, Pakistan was officially removed from the Financial Action Task Force (FATF) grey list in 2022.
Separately, experts also caution that India’s calls to overhaul the IMF’s funding processes and veto powers could be a double-edged sword.
Such reforms “would inevitably give Beijing [rather than Delhi] more power”, said Mr Sharma.
Mr Haqqani agrees. India should be wary of using “bilateral disputes at multilateral fora”, he said, adding that India has historically been at the receiving end of being vetoed out by China in such places.
He points to instances of Beijing blocking ADB (Asian Development Bank) loans sought by India for the north-eastern state of Arunachal Pradesh, citing border disputes between the two countries in the region.
Pakistan News
New Chapter for Dragon Boating in Punjab and Khyber Pakhtunkhwa Provincial associations officially set up with sights locked on national competitions and international representation.
Dragon Boat Associations Established in Punjab and Khyber Pakhtunkhwa
PSHAWAR/LAHORE: Dragon boat associations have been established in Punjab and Khyber Pakhtunkhwa, marking a step towards organising and promoting the sport across Pakistan.
Prominent political and social figure Ameer Bahadur Khan Hoti will serve as president of the Punjab Dragon Boat Association (PDBA), while a notification has been issued confirming the election of former bureaucrat Javed Marwat as president of the Khyber Pakhtunkhwa Dragon Boat Association (KPDBA). At a meeting in Lahore, prominent sports journalist Muhammad Yousuf was elected secretary general of the Punjab association. Uzma Zaidi will serve as senior vice president and Naveed Akhtar Malik as treasurer.
At a separate meeting in Peshawar, Javed Marwat, who previously held several senior administrative positions in the province, was unanimously elected president of the Khyber Pakhtunkhwa association, while renowned sports organiser Naeem Gul was elected secretary general. Shamim Akhtar Jadoon will serve as senior vice president, Junaid Khan vice president and Bilal Aslam as treasurer. Newly elected Punjab association president Ameer Bahadur Khan Hoti said Pakistan’s first dragon boat festival and competitions on the Kabul River had opened new avenues for the sport’s development. He said the enthusiasm shown by participants and the sport’s promising prospects had highlighted the need to establish a Pakistan Dragon Boat Federation to coordinate training, organise competitions and support athletes. Dragon boat associations would be established in all four provinces and the federal capital, Islamabad, before the formal announcement of the national federation, he added.
Newly elected Khyber Pakhtunkhwa association president Javed Marwat said efforts would focus on introducing the sport at the provincial level and providing athletes with opportunities to compete nationally and demonstrate their abilities. Teams would also be sent to represent Pakistan in international competitions. He said the sport would help strengthen people-to-people exchanges and further promote Pakistan-China friendship. Marwat expressed confidence that dragon boat racing would soon gain popularity throughout Pakistan.
Pakistan News
Pakistan’s Yemen Dilemma
Paris (Imran Y. CHOUDHRY) :- Former Press Secretary to the President, Former Press Minister to the Embassy of Pakistan to France, Former MD, SRBC Mr. Qamar Bashir analysis : Pakistan’s military commitment to Saudi Arabia raises a question that cannot be answered simply by identifying where its soldiers are stationed. Modern warfare allows forces to attack through aircraft, missiles, drones and targeting support without sending infantry across a border. The decisive issue is whether Pakistani personnel and capabilities will participate in hostilities against Yemen’s Houthis—and what consequences could follow.
Scott Ritter, renowned American podcaster, military and geopolitical analyst captures the central danger: Saudi Arabia could obtain through collective defence the Pakistani involvement in Yemen that Islamabad previously resisted. An initially limited commitment could expand through casualties, retaliation and demands for reinforcement, leaving Pakistan responsible for a war whose objectives it does not control.
CNN reported on October 7 that Pakistani troops were already stationed in Saudi Arabia. In the interview, Lieutenant General Ahmed Sharif Chaudhry, director general of Inter-Services Public Relations, declined to disclose their numbers or capabilities. Asked about operations across the Yemeni border, he invoked military confidentiality, explaining that participating countries do not publicly disclose how and where they will employ their forces. His response offered no categorical exclusion of ground operations or offensive action inside Yemen, even as he described Pakistani involvement as defensive.
That distinction matters. Operational secrecy may protect military personnel, but it also leaves the public without clear answers about the mission’s boundaries. The description “defensive” cannot establish those boundaries by itself. Governments routinely invoke defence to justify attacks beyond their territory; the relevant questions concern what forces actually do, whom they target and under whose authority.
Pakistani forces operating from Saudi territory could potentially support or conduct attacks inside Yemen without deploying infantry there. Air operations and targeting assistance could carry substantial consequences. If Pakistani personnel participate in attacks against Houthi positions, Ansarullah could regard Pakistan as belligerent. Tehran could interpret the same activity as participation in a campaign against Iranian regional interests.
The Makkah Joint Defence Agreement, signed by Saudi Arabia, Pakistan and Türkiye on August 7, 2026, reportedly treats an attack against one member as an attack against all three. Its deterrent promise is substantial, but so is the danger of importing one member’s confrontation into the security calculations of the others.
An October 5 statement published by Türkiye’s Foreign Ministry committed the partners to implement collective defence arrangements and rapidly deploy agreed military forces and capabilities to Saudi Arabia, subject to national legislation. Türkiye therefore shares the deployment commitment. However, the evidence reviewed does not establish a Turkish ground combat commitment against the Houthis or an equal distribution of operational risks.
For Islamabad, the unanswered questions are fundamental. Who authorizes Pakistani involvement in cross-border attacks? Can Pakistan refuse a particular operation? Who finances a prolonged deployment, and what conditions permit withdrawal? Confidential operational details need not be published to explain the political mandate governing the use of force.
Pakistan brings potential strengths to the alliance: experienced personnel, established military institutions and longstanding cooperation with Riyadh. Saudi infrastructure and financing could support a substantial deployment. Islamabad’s relationships with both Riyadh and Tehran might also create diplomatic opportunities, provided military involvement does not undermine its credibility as an intermediary.
Yet those strengths do not resolve the weaknesses of an extended campaign. Destroying particular weapons or positions is different from ending an adversary’s ability and determination to fight. Dispersed forces, local networks and adaptation can frustrate superior firepower. Tactical gains could therefore coexist with an expanding mission and an elusive political settlement.
Ritter’s warning is strongest when understood in these terms. Predicting inevitable Pakistani defeat is less useful than asking what victory would require. Protecting defined facilities offers measurable objectives. Permanently eliminating the Houthi threat could entail commitments far beyond what Pakistan initially intended—and costs that additional military capability cannot necessarily overcome.
Saudi financial assistance complicates Islamabad’s freedom of choice. The State Bank of Pakistan confirmed that a $3 billion Saudi deposit maturing in December 2025 was extended for another year. Such support gives Pakistan a substantial interest in maintaining Saudi confidence.
Saudi’s financial influence does not require an explicit threat. A government facing external financing pressures may find it difficult to reject security requests from an important creditor. The danger is that short-term economic reassurance encourages military obligations carrying much greater long-term costs.
Iran introduces a further risk. Pakistani attacks against an Iranian-supported movement could damage relations with a neighbouring country and generate security pressures closer to home. The Houthis also possess their own Yemeni objectives, and attacking them is not automatically equivalent to attacking Iran. Political escalation, however, can advance through perceptions and retaliation before governments agree on legal distinctions.
International law offers no reliable assurance that this confrontation would remain contained. Legal obligations persist, but their enforcement is uneven, and states may invoke self-defence while pursuing military objectives beyond their borders. Pakistan therefore cannot assume that legal distinctions between defending Saudi territory and attacking Houthi positions would restrain retaliation. If Tehran perceives Pakistani operations as threatening its interests, the danger would turn on strategic calculations, perceived threats and the risk of escalation—not simply on competing interpretations of the UN Charter. Shared religion and geographical proximity would offer no dependable protection against that outcome.
Pakistan’s domestic divisions make a widening conflict especially consequential. The supporters of imprisoned former prime minister Imran Khan began marching from Khyber Pakhtunkhwa toward Islamabad on October 4, demanding his release, hospital treatment and family access. An overseas campaign would impose additional demands on resources and political legitimacy amid an already polarized environment.
Parliament’s April 2015 resolution remains relevant. It supported neutrality in Yemen alongside solidarity against threats to Saudi territorial integrity and the holy sites, while urging diplomacy through the United Nations and Organisation of Islamic Cooperation. That distinction deserves renewed parliamentary examination before military commitments overtake political debate.
Pakistan, Saudi Arabia and Türkiye should pursue an emergency OIC initiative linked to UN diplomacy, involving Iran and meaningful Yemeni participation. Reciprocal de-escalation, civilian protection and humanitarian access should take priority. Their collective influence should also sustain action for Palestinian rights rather than dissipate through another prolonged regional confrontation.
The Makkah Pact’s credibility will depend on whether it improves security. Secrecy about military methods cannot replace clarity about political objectives. Before Pakistan’s commitment deepens, its leaders must explain what they are defending, how far that obligation extends and how they intend to prevent it from becoming an open-ended war.
Pakistan News
Pakistan Reaffirms Commitment to Multilateralism, Peace and International Cooperation at the Executive Board of UNESCO
Paris ( Imran Y. CHOUDHRY):- Advisor to the Prime Minister of Pakistan and Representative of Pakistan to UNESCO, Syed Tauqeer Hussain Shah, delivered Pakistan’s national statement at the 225th Session of the UNESCO Executive Board in Paris, France, reaffirming its steadfast commitment to multilateralism, international cooperation and the promotion of peace through dialogue and mutual understanding.
In his statement,
- Underscored Pakistan’s firm support for multilateral institutions, South-South cooperation and collaborative efforts to address global challenges, particularly those confronting developing countries;
- Highlighted the urgent need to protect human life, educational institutions and cultural heritage amid conflicts and crisis, especially in Gaza;
-Called for an international action plan to confront the challenge of out-of-school children;
- Stressed the importance of equitable access to scientific knowledge, international scientific collaboration and reducing technological inequalities;
-Underlined the need to combat racism, misogyny, Islamophobia, disinformation and hate speech, while encouraging responsible and ethical governance of artificial intelligence and emerging technologies; and
- Expressed support for institutional reform of UNESCO to enhance its effectiveness and impact worldwide.
-
Pakistan News3 days agoNew Chapter for Dragon Boating in Punjab and Khyber Pakhtunkhwa Provincial associations officially set up with sights locked on national competitions and international representation.
-
Sports4 months agoSouth Korea’s Yoo Useong Steps Onto the Global Strongman Stage as World Strongman Federation Professional Athlete
-
Art & Culture1 year agoA Survey of Mata-E-Zeest
-
Europe News2 years agoChaos and unproven theories surround Tates’ release from Romania
-
American News2 years agoTrump expands exemptions from Canada and Mexico tariffs
-
American News2 years agoTrump Expels Zelensky from the White House
-
Art & Culture2 years agoWill Snow White be a ‘victim of its moment’? How the Disney remake became 2025’s most divisive film
-
Entertainment2 years agoChampions Trophy: Pakistan aim to defend coveted title as historic tournament kicks off today
