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Pakistan Funding: In view of the terrorist attack in Pahalgam in Jammu and Kashmir, the Indian government is preparing to talk with many big financial institutions in the world to review the funding given to Pakistan and reduce it potentially.
Quoting a senior government official, Business Today informed in its report that India will soon talk to the International Monetary Fund (IMF), World Bank and Asian Development Bank (ADB) and ask them to re -evaluate the financial assistance given to Pakistan.
India in concern about terrorism
The official said, “India is not taking the name of stopping terrorism across the border and in such a situation, India is worried about the continuous funding being received by Pakistan. This shows that recently Pahalgam After the incident, India is trying to change its diplomatic efforts.
Tanghahal Pakistan is to get a loan of $ 7 billion in the 37 -month installment under the IMF’s bailout program to improve the revenue by improving revenue and reducing the fiscal deficit and bringing the economy here back on track.
In September 2024, Pakistan received approval from the International Monetary Fund for a loan of US $ 7 billion. Since 1958, Pakistan has spread its hands 24 times in front of the IMF.
Fund is not being used in these works
However, after Pakistan has repeatedly carried out the terrorist incidents, India can question its credibility and monitoring that Pakistan does not use this funding to shelter the terrorist, buy weapons and infiltrate the LOC.
According to reports, the Asian Development Bank has given financial assistance of $ 43.4 billion to Pakistan. The World Bank has also committed $ 49.7 billion for the ongoing 365 projects in Pakistan, including a big deal of $ 20 billion in January 2025.
The IMF is also associated with it under several programs to improve the Pakistani economy. It also includes an ongoing 7 billion dollar agreement. This help is important for Pakistan’s $ 350 billion economy.
Also read:
Pakistan passing through Kangali spread again in front of IMF, asked for $ 1.3 billion
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