Foreign Office spokesperson Mumtaz Zahra Baloch on Monday dismissed as “baseless and fabricated” an Intercept report that cash-strapped Pakistan had agreed to sign a USD 3 billion deal with the IMF in late June. Had provided arms to America to get support for.
Pakistan has rejected a report claiming that it sold arms and ammunition to Ukraine to secure a crucial bailout package from the International Monetary Fund (IMF). Foreign Office spokesperson Mumtaz Zahra Baloch on Monday dismissed as baseless and fabricated an Intercept report that cash-strapped Pakistan had signed a USD 3 billion deal with the IMF in late June. To get support, arms were provided to America.
The Intercept, an investigative website, reported on Sunday that secret Pakistani arms sales to the US helped facilitate a controversial bailout from the IMF earlier this year. The report said the arms sales were aimed at supplying the Ukrainian military, indicating Pakistani involvement in a conflict in which it faced US pressure to take sides. Pakistan has been struggling to maintain a balance in relations with the Kremlin and Washington since the Russia-Ukraine crisis erupted early last year.
The IMF Standby Arrangement for Pakistan was successfully negotiated between Pakistan and the IMF to implement difficult but necessary economic reforms. Dawn News quoted Baloch as saying that giving any other color to these talks is disingenuous. Baloch said that Pakistan maintained a policy of strict neutrality in the dispute between the two countries and did not provide any arms or ammunition to them in that context.