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India Opposes ADB's $800 Mn Loan to Pak

The New Indian Express Kalaburagi

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June 05, 2025

Sources say India raised concerns over potential misuse of ADB loan in light of Pak's rising defense expenses

- Dipak Mondal @ New Delhi

The Indian government has vehemently opposed the Asian Development Bank's (ADB's) $800 million loan to Pakistan. India abstained from voting. As per government sources, India shared deep concerns regarding the potential misuse of ADB resources, particularly in light of Pakistan's increasing defense expenditure, its declining tax-to-GDP ratio, and the lack of demonstrable progress on key macroeconomic reforms.

The New Indian Express Kalaburagi

यह कहानी The New Indian Express Kalaburagi के June 05, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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