India to Ask Global Agencies to Review Loans They Gave to Pakistan: Report
In the wake of the recent Pahalgam terror attack, India is set to take a strong stance against Pakistan by asking global multilateral agencies to review the funds and loans provided to the country, according to a report by PTI.
The Pahalgam terror attack, which targeted a group of Amarnath Yatra pilgrims, has left the country reeling in shock and outrage. The attack, which was carried out by Jaish-e-Mohammed terrorists, has led to widespread condemnation and calls for action against Pakistan, which is accused of supporting and sponsoring terrorism.
India’s decision to ask global agencies to review the loans provided to Pakistan is seen as a significant move, as it could potentially put pressure on Pakistan to curb its alleged support for terrorism. The move is also seen as a way for India to hold Pakistan accountable for its actions and to ensure that the country does not continue to receive financial support from global agencies.
According to the PTI report, the members of the International Monetary Fund (IMF) are scheduled to visit Pakistan on May 9 to review the fresh $1.3 billion aid extended to the country. In January, the World Bank lent $20 billion to Pakistan, which was seen as a significant boost to the country’s economy.
However, the recent Pahalgam terror attack has put a question mark over the wisdom of providing financial support to Pakistan. The attack has raised concerns about the misuse of funds and the lack of transparency in Pakistan’s financial dealings.
India’s decision to ask global agencies to review the loans provided to Pakistan is seen as a way to ensure that the funds are used for the intended purpose and that Pakistan does not divert them to support terrorist activities.
The move is also seen as a way for India to send a strong message to Pakistan that its support for terrorism will not be tolerated. India has long accused Pakistan of supporting and sponsoring terrorism, and the Pahalgam terror attack has further strengthened its resolve to take action against Pakistan.
India’s decision to ask global agencies to review the loans provided to Pakistan is likely to be met with resistance from Pakistan, which is likely to claim that the country is making progress in its efforts to combat terrorism. However, India’s move is seen as a way to hold Pakistan accountable for its actions and to ensure that the country does not continue to receive financial support from global agencies.
The move is also seen as a way for India to take a leadership role in the global fight against terrorism. India has long been a vocal critic of terrorism and has called for stronger international action against the scourge. The country’s decision to ask global agencies to review the loans provided to Pakistan is seen as a way to take a leadership role in the fight against terrorism and to ensure that the global community takes concrete action against Pakistan.
In conclusion, India’s decision to ask global agencies to review the loans provided to Pakistan is a significant move that is likely to have far-reaching implications. The move is seen as a way to hold Pakistan accountable for its actions and to ensure that the country does not continue to receive financial support from global agencies. It is also seen as a way for India to take a leadership role in the global fight against terrorism and to ensure that the global community takes concrete action against Pakistan.
Source: https://repository.inshorts.com/articles/en/PTI/cc286f8f-5c88-4d13-aad2-ca6ef0e11715
