Days after securing a $1.2 billion IMF loan as part of a $7 billion bailout package, Pakistan has announced its decision to join the US-led, Donald Trump-backed ‘Board of Peace’ at an annual cost of $1 billion. Days after the executive board of the International Monetary Fund had approved the $1.2 billion loan to Pakistan, Islamabad announced to join the Board of Peace with an annual fee of $1 billion. The IMF loan is the first tranche of its $7 billion bailout package. Donald Trump also offered the seat on the Board of Peace to India, which has not yet decided. Close US allies like the UK, France, and Germany have indicted that they are not interested in the Board of Peace.

Source: dna January 26, 2026 13:22 UTC