Facing a spiraling economic crisis and mounting military losses following India’s Operation Sindoor, Pakistan has publicly appealed to international partners for financial assistance and de-escalation support, as its stock markets crash and debt burden worsens.
In a verified post from the Economic Affairs Division of the Government of Pakistan on X (formerly Twitter), Islamabad admitted the toll inflicted by India’s targeted military operations and pleaded for additional loans. The post read:
“Govt of Pakistan appeals to International Partners for more loans after heavy losses inflicted by enemy. Amid escalating war and stocks crash, we urge international partners to help de-escalate. Nation urged to remain steadfast.”
The appeal comes as Pakistan’s benchmark KSE-100 index plunged over 7,500 points (6%) since April 23, reflecting panic in the financial markets. The country, already the fourth-largest debtor to the International Monetary Fund (IMF) with outstanding debt nearing USD 8.8 billion, now faces increasing risk of economic instability, compounded by external conflict.
Ratings agency Moody’s has also flagged concerns, warning that the ongoing escalation with India could severely impact Pakistan’s fiscal consolidation efforts and macroeconomic outlook.
The developments follow India’s decisive military actions in response to Pakistan’s attempted drone and missile attacks on Indian military installations across Northern and Western India, including Srinagar, Jammu, Pathankot, Amritsar, and Chandigarh.
Addressing the media, Colonel Sofiya Qureshi from India’s Ministry of External Affairs confirmed that India’s Integrated Counter-UAS Grid and Air Defence systems successfully neutralised all incoming threats. In retaliation, India struck multiple air defence radars in Pakistan, including one in Lahore, effectively degrading Pakistan’s military infrastructure.
“India’s response was in the same domain and with the same intensity. It has been reliably learnt that an air defence system in Lahore has been neutralised,” said Colonel Qureshi.
Additionally, on the night of May 8–9, the Indian Army repelled multiple drone attacks and ceasefire violations by Pakistani forces along the Line of Control (LoC) in Jammu and Kashmir. More than 50 Pakistani drones were shot down in large-scale counter-drone operations along the LoC and international borders, according to Indian Army sources.
The Indian military reiterated its commitment to protecting the nation’s sovereignty and territorial integrity, stating that all hostile actions would be met with force.
As Pakistan reels from military and economic setbacks, its leadership now finds itself increasingly isolated and reliant on foreign aid—a situation many experts view as a direct consequence of its continued support for cross-border terrorism and aggressive military posturing.