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    <title>IMF approves USD 1 billion loan for Pak; India abstains from vote, opposes funds to terror-sponsor</title>
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    <description>The IMF Executive Board approved immediate disbursement under Pakistan&#039;s Extended Fund Facility and authorised access under the Resilience and Sustainability Facility, following completion of the initial review and subject to programme conditionality focused on macroeconomic sustainability, structural reforms and resilience measures. A member state abstained from the vote, formally recording concerns that international lending could be misused for state-sponsored cross-border terrorism and that entrenched military influence in economic affairs undermines transparency and sustainable reform.</description>
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