The IMF has approved an immediate $1 billion disbursement to Pakistan under its Extended Fund Facility, despite India’s formal objection over fears the funds could underwrite cross‑border terrorism.

The incident, which occurred at approximately 4:15 AM in Jammu, has triggered panic and heightened security concerns in the region. This is reeling under the strain of escalating tensions along the India-Pakistan border.

Pakistan launched a high-intensity missile and artillery attack on Jammu and border areas, triggering blackouts and a massive air defense response from India. Indian forces successfully intercepted missiles and shot down a Pakistani F-16, while border states remained on high alert.