IMF Reviews $1 Billion Fresh Loans To Pakistan, India Abstains From Voting Citing Terrorism Concerns

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The government's response came after the IMF on Friday reviewed the $1 billion EFF lending program and also considered a fresh loan of $1.3 billion for Pakistan.

India has raised concerns at the International Monetary Fund (IMF) over Extended Fund Facility (EFF) lending program of $1 billion for Pakistan, warning that the funds could be misused for state-sponsored cross-border terrorism.

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