Brief by Shorts91 NewsDesk / 10:30am on 23 May 2025,Friday India Global
India is intensifying diplomatic efforts to curb international financial aid to Pakistan, following the recent Pahalgam terror attack that killed 26 civilians. India plans to request the World Bank to reconsider a proposed $20 billion aid package to Pakistan, citing concerns over potential misuse of funds for terror-related activities. Additionally, India aims to urge the Financial Action Task Force (FATF) to re-list Pakistan on its grey list, increasing scrutiny on its financial transactions. This move follows India's expressed disappointment over the IMF's recent $1 billion bailout to Pakistan, approved amid escalating tensions. India emphasizes that its objections are not against aid per se but against potential misuse of funds. (PC: Jagran English & The Print)
