Pakistan Panics Ahead of IMF Review After Pahalgam Attack, Begs Global Shield Against India

GG News Bureau
New Delhi/Islamabad, 3rd May: Rattled by India’s aggressive diplomatic stance following the Pahalgam terror attack, Pakistan is in a state of panic, pleading with global institutions to shield it from mounting Indian pressure. In a desperate move just days before a crucial International Monetary Fund (IMF) review meeting, Islamabad has labelled New Delhi’s call to reconsider Pakistan’s aid programme as “politically motivated.”

India’s Ministry of External Affairs on Friday announced its intent to urge multilateral lenders, including the IMF, to reassess financial assistance to Pakistan in light of the April 22 terror attack in Pahalgam, Jammu and Kashmir, that left 26 people—mostly tourists—dead. The attackers included three Pakistani nationals, Indian agencies confirmed.

The IMF executive board is scheduled to meet Pakistani officials on May 9 to review the $7 billion bailout under the Extended Fund Facility (EFF), along with the Resilience and Sustainability Facility (RSF). Ahead of the meeting, Pakistan, clearly unnerved, accused India of attempting to diplomatically isolate it.

As per a report in the Pakistani daily Express Tribune, officials described India’s diplomatic outreach as part of its broader campaign to marginalize Islamabad globally. A finance ministry advisor even insisted that Pakistan’s IMF programme remains “fully on track” and claimed that the country had received an additional $1.3 billion through the Climate Resilience Fund in March 2025.

However, New Delhi has made its stance unambiguous. Prime Minister Narendra Modi, in a stern message on April 24, vowed unprecedented punishment for the perpetrators and masterminds of the Pahalgam massacre. “They not only targeted unarmed tourists but dared to strike at the soul of India,” Modi declared.

In a high-level security meeting on April 29, PM Modi reportedly gave the armed forces a free hand to decide the manner, timing, and targets of India’s response to the attack—signalling that retaliation is only a matter of time.

Pakistan, meanwhile, continues to deny its role and is calling for an international investigation—an act analysts see as an attempt to buy time and evade responsibility.

As the global community watches closely, India is poised to expand its diplomatic offensive. Pakistan may find itself increasingly cornered—not just on the battlefield, but in the boardrooms of global lenders.