New Delhi, May 9 -- The International Monetary Fund (IMF) on Friday reviewed Pakistan's $1 billion Extended Fund Facility (EFF) program and considered a new $1.3 billion Resilience and Sustainability Facility (RSF) loan. India, an active IMF member, raised concerns about the effectiveness of IMF bailouts to Pakistan, highlighting the country's poor track record and risks of debt misuse.

India pointed out that Pakistan has been a frequent borrower from the IMF, with disbursements in 28 of the past 35 years. "In the last five years alone, there have been four IMF programs. Had the previous programs succeeded, Pakistan would not have needed yet another bailout," India stated, questioning whether the fault lies in "the effectiveness of the I...