“Good that Indus Water Treaty is suspended, but where will we store the water,” asks Owaisi
New Delhi: Asaduddin Owaisi, the chief of the All India Majlis-e-Ittehadul Muslimeen (AIMIM), has called for strong and decisive action against Pakistan in the aftermath of the Pahalgam attack and expressed his support for the government's decision to suspend the Indus Waters Treaty.
Speaking to the media after attending an all-party meeting convened by the Centre in New Delhi, Owaisi welcomed the government's move to suspend the 1960 Indus Waters Treaty. However, he raised concerns about where the government would store the water.
"It is very good that the Indus Water Treaty has been suspended, but where will we keep the water,” questioned Owaisi. However, he emphasised AIMIM would support whatever decision the government takes, reiterating that the matter should not be viewed through a political lens.
The AIMIM leader also pointed out that international law grants India the right to respond strongly to the Pahalgam attack, asserting that India has the right to take measures against any nation harbouring terrorist groups.
Owaisi further raised concerns over the delay in the security response during the attack in Baisaran meadow, questioning why the Central Reserve Police Force (CRPF) was not stationed in the area. He also inquired about the delay in the quick reaction team's arrival, noting that it took them an hour to reach the location.
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IMF approves USD 206 million emergency funding for cyclone-hit Sri Lanka's recovery
Colombo (PTI): The IMF has approved an emergency funding of USD 206 million under its rapid finance instrument to help Sri Lanka “address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability”.
The cyclone caused widespread destruction in the island nation and left over 643 people dead.
In a statement issued on Friday, the Washington-based International Monetary Fund (IMF) said the disaster has created urgent humanitarian and reconstruction needs, generating significant fiscal pressures and balance-of-payments needs.
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The emergency financial support provided by the IMF under the rapid finance instrument will help address these pressures, it said.
The IMF added that the cyclone devastation hit when the Fifth Review of Sri Lanka’s USD 2.9 billion bailout was nearing completion.
“Given the time needed to assess the economic impact of the cyclone and examine how an IMF-supported programme can best support Sri Lanka’s recovery and reconstruction efforts while preserving objectives and policy priorities, the Fifth Review has been deferred," it said.
"An IMF mission team will visit Sri Lanka in early 2026 to resume discussions,” it added.
The 48-month extended fund facility deal with the IMF in March 2023 carried hard reforms to Sri Lanka's welfare-based governance.
It was signed after Sri Lanka plunged into an unprecedented economic meltdown with its first-ever sovereign default.
Several hours before the IMF decision, the parliament here approved without a vote a supplementary estimate of LKR 500 billion, which the government said was required to restore the livelihoods of those affected by the disaster.
