New Delhi12 minutes ago
- Copy link
After the terrorist attack in Pahalgam on 22 April, India is making a strategy to reduce the international funding of Pakistan. For this, Finance Minister Nirmala Sitharaman has met the head of the Asian Development Bank (ADB).
According to media reports, Nirmala Sitharaman has met ADB director Masato Kanda and demanded to reduce the financial assistance to Pakistan. Along with this, Nirmala has met the Finance Minister of Italy to meet Giancarlo Georjet to stop Pakistan’s funds.
India is making a strategy to send Pakistan to FATF gray list
India is meeting with European countries to send Pakistan to the Gray List of Financial Action Task Force (FATF). India alleges that the money received to Pakistan is being used in terrorism.
Earlier, India has taken tough decisions such as stopping trade with Pakistan, banning aerospace, suspension of visas and canceling the Indus Water Agreement.

Parameswaran Iyer made a temporary director in IMF board
India has nominated Parameswaran Iyer in the Board of International Monetary Fund (IMF) to the temporary director. Parameswaran will represent India at the IMF meeting to be held on 9 May. Diplomatic point of view on Friday is very important for India, because …
- Pakistan will consider a new loan of $ 1.3 billion (about ₹ 11,000 crore) under the Climate Regiliations Loan Program.
- The first review of the relief package of $ 7 billion (about 59 thousand crore rupees) released for Pakistan is also to be made.
Asked to reconsider funds given to Pakistan again
The International Monetary Fund is scheduled to have an important meeting on 9 May. India had objected to the $ 1.3 billion loans to be given to Pakistan and said that it should be considered again, as the money received to Pakistan can be used to promote terror.
However, IMF has refused to accept India’s request. He will review the loan being given to Pakistan on 9 May as per the scheduled schedule.
For this reason, the decision to remove the Government of India from the post is surprising. The government has not yet finalized anyone’s name in his place. The name of Finance Secretary Ajay Seth retiring at the end of June is running at the top.
India is preparing to surround Pakistan all -round
India said on Friday that it would ask the Global Multilator agencies (World Bank and Asian Development Bank), including the IMF, to reconsider the funds and loans given to Pakistan. Because India wants to dip the neighboring state diplomatically after the brutal terrorist attack in Pahalgam on 22 April.
Source link
[ad_3]