New Delhi, May 9 -- India on Wednesday firmly opposed providing funds to a country that continues to sponsor cross-border terrorism, warning that such support carries reputational risks for global institutions and undermines international norms.
This stand was taken during the International Monetary Fund's (IMF) review of a USD 1 billion Extended Fund Facility (EFF) and consideration of a fresh USD 1.3 billion Resilience and Sustainability Facility (RSF) for Pakistan, sources within the Government of India said.
India abstained from the recent IMF vote on approving a loan to Pakistan, not due to a lack of opposition, but because IMF rules do not permit a formal "no" vote, sources added.
Further, New Delhi conveyed its strong dissent wi...
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