Srinagar, May 10 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Saturday hit out at the IMF for granting a billion dollar loan to Pakistan, saying the global financial organisation was "essentially reimbursing" Islamabad for the ammunition used to devastate border areas of the Union territory.

The International Monetary Fund on Friday approved the disbursement of around USD 1 billion to Pakistan under the Extended Fund Facility (EFF).

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"I'm not sure how the 'International Community' thinks the current tension in the subcontinent will be de-escalated when the IMF essentially reimburses Pakistan for all the ordnance it is using to devastate Poonch, Rajouri, Uri, Tangdhar & so many other places," Abdullah said in a post on X.

India abstained from the vote at the IMF, pointing out that rewarding continued sponsorship of cross-border terrorism sends a dangerous message to the global community, exposes funding agencies and donors to reputational risks, and makes a mockery of global values.

Also Read | India-Pakistan Tension: Senior Govt Official Killed, 2 Staff Members Critically Injured in Pakistani Shelling in Jammu and Kashmir's Rajouri.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)