India, ADB’s latest financing to Pakistan “strongly opposed”

On June 3, 2025, ADB announced that it approved Pakistan’s financing of $ 800 million within the scope of the source mobilization reform program. File. | Photo Loan: Reuters

In the continuation of his efforts in various multinational Forage to reduce financing to Pakistan, the Indian government “strongly opposed the decision of the Asian Development Bank to provide additional financing to Pakistan, and that the increasing military expenditures of this country could not be fully announced through domestic resources mobilization.

In addition, India told ADB that the management of the multilateral bank expects to çekin ADB financing sufficiently to prevent such abuse ”.

On Tuesday, June 3, 2025, the ADB announced that it approved Pakistan’s financing of $ 800 million in Pakistan as part of the source mobilization reform program.

According to government sources, “India warned ADB about the possibility of abuse of resources,” he said. “The connection between Pakistan’s increase in expenditures to the army, unlike development, cannot be fully explained only in terms of internal resource mobilization.”

The source also said that India’s tax collection of Pakistan as a percentage of GDP to ADB fell to 13% in 2017-18 and fell to 9.2% in 2022-23 and remained much lower than Asia and Pacific.

However, India emphasized that Pakistan has a “significant increase ında in defense expenditures in the same period.

Hindu Previously, Finance Minister Nirmala Sithaman reported how the countries that require a greater inspection to Pakistan with the international monetary fund and members to stop additional financing to Pakistan, and how India would send a file to the gray list.

The source added that India refers to strong reservations about Pakistan’s current governance system.

Source, “terrorist financing investigations and the prosecution of the leaders of the unidentified terrorist groups and the freezing and seizure of penalty assets to implement the most critical FATF Action elements is not very satisfying,” he said.