Pak offering financial aid to terror outfits, IMF must rethink loan to nation: Rajnath Singh at Bhuj airbase6Photo© hindustantimes.com

Pak offering financial aid to terror outfits, IMF must rethink loan to nation: Rajnath Singh at Bhuj airbase

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Any financial assistance provided by the International Monetary Fund to Pakistan is “no less than terror funding” and should be reconsidered, said Defence Minister Rajnath Singh on Friday.

Singh was referring to the fresh $1 billion financial assistance programme that the United Nations financial agency approved for Islamabad on May 9 as part of its bailout package.

The defence minister claimed that a large part of the IMF’s funding would be misused by Pakistan. “I believe that Pakistan will spend a large portion of the $1 billion funds received from the International Monetary Fund on terror infrastructure…” Singh said during an event at an Air Force station in Bhuj.