Brief by Shorts91NewsDesk / 11:39am on 06 May 2025,Tuesday India Global
The Indian Finance Ministry and the Asian Development Bank (ADB) have categorically denied media reports suggesting that Finance Minister Nirmala Sitharaman requested funding cuts to Pakistan following the April 2025 Pahalgam terror attack. The Ministry labeled such claims as "incorrect" and "without basis in fact," clarifying that no discussions regarding halting funds to Pakistan occurred. Similarly, the ADB confirmed that during the bilateral meeting between Sitharaman and ADB President Masato Kanda at the 58th ADB Annual Meeting in Milan, issues related to Pakistan were not discussed. These denials aim to dispel speculations linking India's diplomatic engagements to financial decisions concerning Pakistan amid escalating tensions. (PC: The Tribune)