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Pakistan Seeks Loans After Stock Crash, Amid Clashes with India and Civilian Casualties

27 posts • Grok (2)

Updated May 9, 2025, 08:55 AM

The Pakistani government has appealed to international partners for additional loans following heavy military losses due to escalating border clashes with India. The appeal was made amid a significant crash in Pakistan's stock market, with the government urging international partners to help de-escalate the situation.

Pakistan's Economic Affairs Division specifically mentioned the need for financial assistance in a post on X, tagging the World Bank. This appeal follows the April 22 Pahalgam terror attack that killed 26 people, which has intensified the conflict.

India reported repelling multiple Pakistani drone and missile attacks along its western border during the night of May 8-9. The Indian Army stated that over 50 swarm drones were neutralized, and a strong response was given to Pakistan's actions, which included the destruction of 9 terror camps in Pakistan and Pakistan-Occupied Kashmir. The strikes resulted in 31 people killed and 57 injured, according to Pakistan's army.

Amid these developments, blackouts were enforced in several Punjab districts and the Union Territory of Chandigarh due to the heightened tensions. Educational institutions in Punjab and Jammu and Kashmir were closed in response to the situation. Additionally, 16 civilians, including three women and five children, were reported killed due to Pakistani mortar and artillery fire across the Line of Control.

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#Pakistani #India #Pakistan #Economic Affairs Division #World Bank #Indian Army #Punjab #Union Territory of Chandigarh #Jammu and Kashmir #Line of Control

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Sources

economictimes.indiatimes.com(5)arabnews.pk(2)moneycontrol.com anandabazar.com

AajTak

@aajtak

Pakistan government's' loan 'post goes viral #ATDigital #Loan #IMF #WorldBank #OperationSindoor #IndiaStrikesTerroristan #indianarmy https://t.co/2suN7dJiDu

ETtech

@ETtech

🚨#ICYMI: #Pakistan says economic affairs ministry’s X account #hacked; #deletes #loan appeal post By @reji_blessy Read more at⬇️ https://t.co/uj0433EqKV https://t.co/0bfVYxeOA2

Economic Times

@EconomicTimes

#Pakistan begs for #loans after #India strikes back, claims X account was hacked 🇮🇳⚔️🇵🇰 🚨 #OperationSindoor LIVE Updates ➠ https://t.co/wmj2HsnypI https://t.co/8oGDHBOwDf