India and Pakistan engaged in the most intense fighting in decades with four days of escalating conflict that included fighter jets, missiles and drones packed with explosives. It ended almost as abruptly as it began.

On May 9, the IMF Executive Board approved a $1 billion tranche for Pakistan under the Extended Fund Facility (EFF), alongside $1.4 billion under the Resilience and Sustainability Facility (RSF), bringing total disbursements to approximately $2.

The truce came after several days of the countries’ most expansive fighting in decades. One Indian official said the country would “deal strongly” with any violations.