FirstUp: IMF to review Pakistan’s $1.3 billion package amid tensions with India and other news of the day
The International Monetary Fund (IMF) is scheduled to meet today to review Pakistan’s staff-level agreement for a $1.3 billion loan under a climate resilience programme, amid rising tensions between Islamabad and New Delhi. Notably, India is likely to raise objections and vote against the aid package. Meanwhile, Russia will celebrate 80 years since the Allied victory over Nazi Germany in World War II with its ‘Victory Day’ military parade today
Explainers