Cash-Strapped Pakistan Sold Arms To Ukraine For IMF Funding, Report Claims. Islamabad Denies

Islamabad: Secret Pakistani arms gross sales to the US for use by Ukraine helped cash-strapped Islamabad safe a vital IMF bailout earlier this 12 months, a report cited inner Pakistani and American authorities paperwork as confirming.

The arms gross sales have been made for the aim of supplying the Ukrainian navy — marking Pakistani involvement in a battle it had confronted US strain to take sides on, the Intercept, an internet investigative web site has reported.

Pakistan’s International Workplace Spokesperson Mumtaz Zahra Baloch on Monday, nonetheless, rejected as “baseless and fabricated” the American non-profit information organisation’s report, saying that the cash-strapped nation offered arms to the US to get its assist to clinch the USD 3 billion take care of the IMF in the direction of the tip of June to keep away from default.

Pakistan has struggled to keep up a steadiness in ties with the Kremlin and Washington for the reason that Russia-Ukraine disaster started earlier final 12 months.

“The IMF Standby Association for Pakistan was efficiently negotiated between Pakistan and the IMF to implement troublesome however important financial reforms. Giving every other color to those negotiations is disingenuous,” Daybreak Information quoted Baloch as saying.

Baloch mentioned Pakistan maintained a coverage of “strict neutrality” within the dispute between the 2 nations and didn’t present them any arms or ammunition in that context.

“Pakistan’s defence exports are at all times accompanied by strict end-user necessities,” she mentioned.

Throughout a go to to Pakistan in July, Ukra­inian International Minister Dmytro Kuleba had rejected related stories that Islamabad was supplying arms to Ukraine to assist its navy in the course of the ongoing battle with Russia, based on Daybreak.

He had clarified that the 2 nations had no deal for the availability of arms and ammunition.

Former overseas minister Bilawal Bhutto-Zardari had additionally expressed related views, sustaining that Pakistan had not signed any settlement with Ukraine for navy provides for the reason that conflict started.

An earlier report had additionally claimed Pakistan arrange a defence buying and selling agency in Warsaw to smoothen the method of arms provides to Ukraine.

In April in an interview with BBC, a Ukrainian commander had talked about receiving rockets from different nations together with Pakistan.

However officers strongly reject claims of offering any ammunition to Ukraine insisting the nation maintained a “coverage of strict neutrality”.

An official, nonetheless, had mentioned if a 3rd occasion provided weapons bought from Pakistan to a different nation, it was their duty.

The revelation is a window into the sort of behind-the-scenes manoeuvring between monetary and political elites that not often are uncovered to the general public, whilst the general public pays the worth, the Intercept report mentioned.

The Russia-Ukraine disaster started final 12 months when President Vladimir Putin ordered the latter’s invasion on February 24.

In July, the IMF transferred USD 1.2 billion to cash-strapped Pakistan, a part of the USD 3 billion bailout programme for 9 months to assist the federal government’s efforts to stabilise the nation’s ailing economic system. 


(This report has been revealed as a part of the auto-generated syndicate wire feed. Other than the headline, no enhancing has been carried out within the copy by ABP Stay.)

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