Daijiworld Media Network - Jammu

Jammu, May 10: Jammu and Kashmir Chief Minister Omar Abdullah strongly criticized the International Monetary Fund (IMF) on Saturday for approving a $1 billion loan to Pakistan, calling it a de facto reimbursement for the destruction caused in Indian border regions.

Taking to social media platform X, Abdullah expressed outrage, saying, “I’m not sure how the 'International Community' thinks the current tension in the subcontinent will be de-escalated when the IMF essentially reimburses Pakistan for all the ordnance it is using to devastate Poonch, Rajouri, Uri, Tangdhar & so many other places.”

The IMF’s decision, announced on Friday, approved the disbursement under its Extended Fund Facility (EFF) aimed at stabilizing Pakistan's economy. However, critics like Abdullah view the timing and context of the financial aid as problematic, given Pakistan's alleged role in escalating cross-border hostilities.

India abstained from the IMF vote, with its representatives cautioning that the move could be seen as rewarding a state accused of sponsoring cross-border terrorism. India warned that such financial decisions could tarnish the credibility of international funding institutions and undermine shared global values.

The backlash comes as tensions continue to simmer along the Line of Control, with several Indian villages in Jammu and Kashmir facing repeated shelling and drone incursions.