New Delhi11 minutes ago
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Finance Minister Nirmala Sitharaman has arrived in Italy to attend the 58th annual meat of Asian Bank.
After the terrorist attack in Pahalgam on 22 April, India is making a strategy to stop the international funding of Pakistan. For this, Finance Minister Nirmala Sitharaman met the head of the Asian Development Bank (ADB) on Monday.
According to finance media reports, Nirmala Sitharaman has demanded to reduce the financial assistance to Pakistan in a meeting with ADB director Masato Kanda. Along with this, Nirmala has discussed the Finance Minister of Italy to stop stopping Pakistan’s funds with Giancarlo Georget.
Sitharaman Asian has come to attend the 58th annual meat of Asian Development Bank in Malan, Italy.
Nirmala Sitharaman met Masato Kanda, director of Asian Bank in Milan, Italy.
India is making a strategy to send Pakistan to FATF gray list
India is meeting with European countries to send Pakistan to the Gray List of Financial Action Task Force (FATF). India alleges that the money received to Pakistan is being used in terrorism.
Earlier, India has taken tough decisions such as stopping trade with Pakistan, banning aerospace, suspension of visas and canceling the Indus Water Agreement.
IMF made Parameswaran Iyer a temporary director in the board
India has nominated Parameswaran Iyer in the Board of International Monetary Fund (IMF) to the temporary director. Parameswaran will represent India at the IMF meeting to be held on 9 May. Diplomatic point of view on Friday is very important for India, because …
- Pakistan will consider a new loan of $ 1.3 billion (about ₹ 11,000 crore) under the Climate Regiliations Loan Program.
- The first review of the relief package of $ 7 billion (about 59 thousand crore rupees) released for Pakistan is also to be made.
Asked to reconsider funds given to Pakistan again
The International Monetary Fund is scheduled to have an important meeting on 9 May. India had objected to the $ 1.3 billion loans to be given to Pakistan and said that it should be considered again, as the money received to Pakistan can be used to promote terror.
However, IMF has refused to accept India’s request. He will review the loan being given to Pakistan on 9 May as per the scheduled schedule.
India is preparing to surround Pakistan all -round
India said on Friday that it would ask the Global Multilator agencies (World Bank and Asian Development Bank), including the IMF, to reconsider the funds and loans given to Pakistan. Because India wants to dip the neighboring state diplomatically after the brutal terrorist attack in Pahalgam on 22 April.