After the terrorist attack in Pahalgam on 22 April, India is making a strategy to stop Pakistan’s international funding. For this, Finance Minister Nirmala Sitharaman met the head of Asian Development Bank (ADB) on Monday. According to finance media reports, Nirmala Sitharaman has demanded reduction in financial aid to Pakistan in a meeting with ADB Director Masato Kanda. Along with this, Nirmala has discussed stopping Pakistan’s funds with Italy’s Finance Minister Giancarlo Giorgetti. Sitharaman has arrived to attend the 58th Annual Meet of the Asian Development Bank going on in Malan, Italy. India is making a strategy to send Pakistan to the FATF Grey List. India is meeting with European countries to send Pakistan to the Grey List of Financial Action Task Force (FATF). India alleges that the money received by Pakistan is being used in terrorism. Earlier, India has taken tough decisions like stopping trade with Pakistan, banning aerospace, suspending visas and cancelling the Indus Water Treaty. Parameswaran Iyer made temporary director in IMF board India has nominated Parameswaran Iyer as temporary director in the board of International Monetary Fund (IMF). Parameswaran will represent India in the IMF meeting to be held on 9th May. From the diplomatic point of view, the meeting to be held on Friday is very important for India, because Asked to reconsider the funds to be given to Pakistan An important meeting of the International Monetary Fund is to be held on 9th May. India had objected to the 1.3 billion dollar loan to be given to Pakistan and said that it should be reconsidered, because the money given to Pakistan can be used to promote terrorism. However, the IMF has refused to accept India’s request. It will review the loan being given to Pakistan on 9th May as per the scheduled programme. India preparing to surround Pakistan from all sides India said on Friday that it will ask the global multilateral agencies (World Bank and Asian Development Bank), including the IMF, to reconsider the funds and loans given to Pakistan. Because India wants to diplomatically corner the neighbouring state after the brutal terror attack in Pahalgam on April 22.
