New Delhi, May 5 -- India is making all-out efforts to isolate Pakistan at the international stage, besides ensuring drying of development-related funding and bailout packages by multilateral agencies and nations.
Sources told ANI that Finance Minister Nirmala Sitharaman has asked Asian Development Bank (ADB) President Masato Kanda in the Italian city of Milan on Monday to suspend all kind of funds to Pakistan. As of 2024, the Asian Development Bank's sovereign portfolio in Pakistan comprises 53 loans and 3 grants totalling USD 9.13 billion.
India is also reportedly expected to raise concerns at the International Monetary Fund (IMF) about Pakistan's bailout package. The IMF board is scheduled to review the arrangement in its meeting on ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.