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flag India urges FATF to relist Pakistan on "grey list" over terrorism concerns, opposes World Bank funding.

flag India plans to urge the Financial Action Task Force (FATF) to relist Pakistan on its "grey list" and oppose World Bank funding for Pakistan, citing inadequate measures against terrorism and potential misuse of funds for military purposes. flag The FATF grey list monitors countries with flaws in their financial systems. flag India also criticized the International Monetary Fund (IMF) for approving a $1 billion loan, expressing concerns over Pakistan's high defense spending and the potential diversion of funds to military use. flag The IMF defended its decision, stating the funds are for stabilizing Pakistan's economy and are strictly managed.

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