India Strongly Opposes $800 Million Asian Development Bank Aid Package To Pakistan

India has strongly red-flagged the Asian Development Bank’s (ADB) recent approval of an $800 million aid package to Pakistan, citing deep concerns over the potential misuse of these funds amid Pakistan’s increasing defence expenditure and deteriorating fiscal health.Despite being in the midst of a severe economic crisis—marked by a declining tax-to-GDP ratio, depleted foreign exchange reserves,
India has strongly red-flagged the Asian Development Bank’s (ADB) recent approval of an $800 million aid package to Pakistan, citing deep concerns over the potential misuse of these funds amid Pakistan’s increasing defence expenditure and deteriorating fiscal health.Despite being in the midst of a severe economic crisis—marked by a declining tax-to-GDP ratio, depleted foreign exchange reserves,
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