In a major financial move, the International Monetary Fund (IMF) has approved a total of $2.4 billion in fresh support for Pakistan. This decision came after a meeting of the IMF Executive Board on May 9,

On May 9, the IMF Executive Board approved the immediate release of approximately $1 billion to Pakistan under the Extended Fund Facility (EFF), bringing the overall disbursement to $2.1 billion.

India raised concerns over the efficacy of IMF programmes in the case of Pakistan and also on the possibility of misuse of debt financing funds for state-sponsored cross-border terrorism