Islamabad rejects ‘unhealthy’ remarks by Indian politicians about Pakistan’s nuclear capability, Kashmir

Pakistani policemen stand guard outside the Pakistan's Foreign Ministry building on the arrival of Indian diplomats to meet with an Indian spy Commander Kulbhushan Jadhav, a serving Indian naval officer and RAW operative, in Islamabad on September 2, 2019. (AFP/File)
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Updated 14 May 2024
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Islamabad rejects ‘unhealthy’ remarks by Indian politicians about Pakistan’s nuclear capability, Kashmir

  • Pakistan has been key topic of Indian election speeches by PM Narendra Modi, top leaders of his ruling BJP party
  • Foreign Office urges Indian politicians to stop dragging Pakistan into their domestic politics for ‘electoral gains’

ISLAMABAD: Pakistan’s foreign office on Tuesday rejected “baseless” and “unhealthy” remarks by Indian Prime Minister Narendra Modi and other members of his cabinet regarding Pakistan’s nuclear program, Kashmir dispute and other regional issues, which came during campaigning for ongoing elections in India.

Pakistan has been a key topic of speeches by Indian leaders during campaign rallies, with Modi and top leaders from his ruling Bharatiya Janata Party (BJP) making strong statements about their South Asian neighbor.

At an election rally in Bihar this week, Modi indirectly referred to National Conference leader Farooq Abdullah’s remarks about Pakistan’s nuclear capabilities and said he would make Pakistan “wear bangles.”

Noting the “alarming” surge in anti-Pakistan rhetoric, Pakistan’s Foreign Office said it rejected the “irresponsible statements” by Indian leaders about the Jammu and Kashmir dispute, counter-terrorism efforts, bilateral relations and Pakistan’s nuclear capabilities.

“Regrettably, these statements reflect an unhealthy and entrenched obsession with Pakistan and reveal a deliberate intent to exploit hyper-nationalism for electoral gains. These also signify a desperate attempt to deflect attention from mounting domestic and international criticism,” Mumtaz Zahra Baloch, a Pakistani foreign office spokesperson, said in a statement.

“The bravado and jingoism exhibited by Indian leaders expose a reckless and extremist mindset. This mindset calls into question India’s capacity to be a responsible steward of its strategic capability. On the other hand, the purpose of Pakistan’s strategic capability is to safeguard its sovereignty and defend its territorial integrity.”

Baloch noted that Pakistan had clearly demonstrated its resolve to defend itself in the past and would not “hesitate to do so in the future should the Indian side choose to embark on a misadventure.”

About Indian Union Home Minister Amit Shah’s claim that Azad Kashmir was part of India, she said Jammu and Kashmir was an internationally-recognized disputed territory and the relevant UN Security Council resolutions clearly mandated a plebiscite in the territory for its final determination.

“No amount of inflated Indian statements can change this reality,” Baloch said. “India should, therefore, focus on implementing these resolutions instead of indulging in fantasies of grandeur.”

The Himalayan territory of Kashmir has been divided between India and Pakistan since their independence from Britain in 1947, with both countries ruling part of the territory but claiming it in full.

The western portion of the larger Kashmir region is administered by Pakistan as a nominally self-governing entity, while India rules the southern portion as a union territory.

Baloch urged Indian politicians to stop dragging Pakistan into their domestic politics for “electoral gains” and to handle sensitive strategic matters with “utmost caution.”

“We call upon the international community to take note of Indian leadership’s belligerent rhetoric, which poses a grave threat to regional peace and stability,” she said.

“The vision of peace, progress, and prosperity in South Asia can only be realized through the peaceful resolution of all outstanding disputes, including Jammu and Kashmir, and a shift from confrontation to cooperation.”


IMF Executive Board to review $1.2 billion loan disbursement for Pakistan today

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IMF Executive Board to review $1.2 billion loan disbursement for Pakistan today

  • Pakistan, IMF reached a Staff-Level Agreement in October for second review of $7 billion Extended Fund, climate fund program
  • Economists view IMF bailout packages as essential for cash-strapped Pakistan grappling with a prolonged macroeconomic crisis

ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) is set to meet in Washington today to review a $1.2 billion loan disbursement for Pakistan, state media reported on Monday.

Pakistan and the IMF reached a Staff-Level Agreement (SLA) in October for the second review of a $7 billion Extended Fund Facility (EFF) and the first review of its $1.4 billion Resilience and Sustainability Facility (RSF). 

The agreement between the two sides took place after an IMF mission, led by the international lender’s representative Iva Petrova, held discussions with Pakistani authorities during a Sept. 24–Oct. 8 visit to Karachi, Islamabad and Washington D.C.

“The International Monetary Fund’s (IMF) Executive Board is set to meet in Washington today to review and approve $1.2 billion in loan for Pakistan,” state broadcaster Pakistan TV reported. 

Pakistan has been grappling with a prolonged macroeconomic crisis that has drained its financial resources and triggered a balance of payments crisis for the past couple of years. Islamabad, however, has reported some financial gains since 2022, which include recording a surplus in its current account and bringing inflation down considerably.

Economists view the IMF’s bailout packages as crucial for cash-strapped Pakistan, which has relied heavily on financing from bilateral partners such as Saudi Arabia, China and the United Arab Emirates, as well as multilateral lenders including the IMF, World Bank, Asian Development Bank and Islamic Development Bank. 

Speaking to Arab News last month, Pakistan’s former finance adviser Khaqan Najeeb said the $1.2 billion disbursement will further stabilize Pakistan’s near-term external position and unlock additional official inflows.

“Continued engagement also reinforces macro stability, as reflected in recent improvements in inflation, the current account, and reserve buffers,” Najeeb said.

Pakistan came close to sovereign default in mid-2023, when foreign exchange reserves fell below three weeks of import cover, inflation surged to a record 38% in May, and the country struggled to secure external financing after delays in its IMF program. Fuel shortages, import restrictions, and a rapidly depreciating rupee added to the pressure, while ratings agencies downgraded Pakistan’s debt and warned of heightened default risk.

The crisis eased only after Pakistan reached a last-minute Stand-By Arrangement with the IMF in June 2023, unlocking emergency support and preventing an immediate default.