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India abstains from voting on IMF's bailout package for Pakistan, cites Islamabad's 'poor track record'
India on Friday abstained from voting on the International Monetary Fund’s (IMF) proposed USD 1.3 billion bailout package for Pakistan. New Delhi cited Islamabad's 'poor track record', raising concerns over the efficacy of IMF programs in the case of Pakistan. India also highlighted the possibility of misuse of debt financing funds for state-sponsored cross-border terrorism from the Pakistani side.
India on Friday abstained from voting on the International Monetary Fund’s (IMF) proposed USD 1.3 billion bailout package for Pakistan. New Delhi cited Islamabad's 'poor track record', raising concerns over the efficacy of IMF programs in the case of Pakistan. India also highlighted the possibility of misuse of debt financing funds for state-sponsored cross-border terrorism from the Pakistani side. What's Your Reaction?
