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Pakistan’s secret was revealed on social media, they spent more than the loan they received from IMF

Pakistan: Pakistan recently received financial assistance of $2.4 billion from the International Monetary Fund (IMF) to help bring its falling economy back on track.

Pakistan: The International Monetary Fund (IMF) recently approved a bailout package of $2.4 billion for Pakistan. Under this bailout package, a loan of $1 billion was given as the second installment of $7 billion under the Extended Fund Facility (EFF) and $1.4 billion under a new Flexibility and Stability Facility (RSF) loan program. This means that Pakistan was given a total financial aid of $2.4 billion.

India kept itself away from voting

During this time, India did not participate in the voting in the IMF meeting. Just like in the United Nations, a country has the right to vote ‘No’. The same is not the case with the IMF. Here you either have to vote in favor or keep yourself away from voting. By keeping itself away from voting, India expressed that it is against this funding being given to Pakistan. However, Pakistan spent much more than this even before getting funding from the IMF. We are not saying this, but this claim has been made in a media report from Pakistan itself.

Spending even before getting loan
A social media user named Bharat shared a Pakistani media report and wrote, Pakistan spent much more than this even before getting a loan from the IMF. Pakistan has suffered huge economic losses during the tension with India. According to a Pakistani media report, “Pakistan’s war expenditure has been estimated to be around $ 4 billion. This includes an estimated $ 800 million for drones and missiles as well as many other expenses such as disruption in economic activities, reduction in business opportunities and adverse effect on GDP growth.

The report also mentioned that Pakistani military operations cost $25 million per day. This reportedly includes the cost of logistics, fuel, maintenance of machines and weapons and active combat operations, apart from the expenditure on military personnel. After ‘Operation Sindoor’, Pakistan carried out several attacks with drones and missiles across the border as well as along the LoC. It is estimated to cost $300 million.

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap, has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @jharkhandbreakingnews@gmail.com
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