India's Stance Ahead of IMF Decision on Pakistan Bailout
India is set to communicate its stance on Pakistan's IMF bailout package during a crucial board meeting in Washington. Foreign Secretary Vikram Misri highlighted previous unsuccessful bailout outcomes for Pakistan as tensions rise between the neighboring countries following recent military strikes by India.
- Country:
- India
India is poised to express its views on the International Monetary Fund's bailout package for Pakistan at a significant board meeting in Washington on Friday. Foreign Secretary Vikram Misri revealed that India's representative at the IMF will articulate the country's position at the meeting.
Misri expressed confidence that the executive director would effectively convey India's stance, even though the board's decisions remain a separate matter. Highlighting the historical context, he emphasized that many of the past 24 IMF bailouts for Pakistan failed to yield successful outcomes.
The foreign secretary's remarks arrive amid rising Indo-Pakistani tensions, following India's recent military operations targeting terrorist sites in Pakistan and Pakistan-Occupied-Kashmir. This backdrop adds complexity to the forthcoming IMF discussions over aid to Pakistan.
(With inputs from agencies.)
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