The International Monetary Fund executive board approved on Friday a fresh $1.4 billion loan to Pakistan under its climate resilience fund and approved the first review of its $7 billion program, freeing about $1 billion in cash.

During the IMF meeting, India raised concerns about the effectiveness of IMF programmes in Pakistan, citing its poor track record and the potential misuse of debt financing for state-sponsored cross-border terrorism,

J&K CM Omar Abdullah questioned the IMF's decision to fund Pakistan amid cross-border attacks, while India warned of misuse for terrorism and abstained from the vote