India opposes ADB move to grant $800 million loan to Pakistan

India red flags Pakistan's past track record as Asian Development Bank approves $800 million financial aid

India Raises Concerns Over ADB's Loan to Pakistan Amid Military Spending Fears

India strongly opposed the Asian Development Bank's (ADB) decision to grant an $800 million loan to Pakistan, due to the potential misuse of funds for military spending. India highlighted concerns around Pakistan's inadequate tax-to-GDP ratio and lack of macroeconomic reforms, questioning the credit risks involved for ADB.

India opposed ADB’s $800m loan to Pakistan

Pakistan secured an $800 million loan from the Asian Development Bank on Tuesday despite objections from India’s government following last month’s military conflict between the two...

India Red-Flags $800 Million Asian Development Bank Aid Package To Pakistan

India has expressed deep concerns over the potential misuse of the $800 million ADB aid package to Pakistan as the country is increasing its defence expenditure, despite the poor fiscal position.

After IMF, ADB approves a loan of $800 million for Pakistan; India objects

India has urged the ADB to strictly ring-fence the funds to ensure they are not misused for military purposes.

India Opposed ADB’s $800 Million Loan to Pakistan

Pakistan secured an $800 million loan from the Asian Development Bank on Tuesday despite objections from India’s government following last month’s military conflict between the two South Asian neighbors.