Pakistan Boasts Billions in Defense Deals, Claims IMF Bailout End After 'Op Sindoor'

World
M
Moneycontrol•07-01-2026, 13:46
Pakistan Boasts Billions in Defense Deals, Claims IMF Bailout End After 'Op Sindoor'
- •Pakistan's Defense Minister Khawaja Asif claims the country may soon end its reliance on IMF bailouts due to a surge in billion-dollar defense orders following "Operation Sindoor".
- •Pakistan reported its highest single-year defense exports of nearly $10 billion in 2025, driven by demand for JF-17 fighter jets and Mushshak trainer aircraft.
- •A $4 billion deal to sell military equipment to the Libyan National Army, overseen by Field Marshal Asim Munir and Saddam Khalifa Haftar, violates a UN arms embargo.
- •Asif's claims of an "outstanding" performance against India in May 2025 were debunked; India revealed Pakistan sought a ceasefire after IAF strikes.
- •China and Turkey provided significant support to Pakistan during "Operation Sindoor," including intelligence, advanced weapons, and Bayraktar drones.
Why It Matters: Pakistan claims defense export boom post 'Op Sindoor' will end IMF dependence, despite debunked conflict claims.
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