Indian Government On International Monetary Fund's Big Financial Aid To Pakistan | The World Report

Top Govt sources have told NDTV that India will formally raise concerns over the world bank's expected $20 billion loan to Pak, which is likely to be approved in June. New Delhi is also planning to take up the issue with the financial action task force also known as FATF, urging that Pakistan be put back on the 'Grey List'. The government is said to be disappointed with the IMF bailout granted to Pak on May 9. Sources have said that India conveyed to IMF Chief Kristalina Georgieva that while India does not oppose aid to any country, past data shows funds have often gone to arms. As per IMF data, out of 28 times that IMF has supported Pakistan, money been used for Arms & not for fiscal health. Watch NDTV's The World Report for the latest updates.