Evidence has been circulated through heads of multilateral development banks to show how the money given to Pakistan is being misused to stoke terror in India and the world
India, after ensuring that Pakistan’s economy is hurt by its important economic decisions, is now working to ensure that the neighbour is cut off from much of the world’s aid in the aftermath of the deadly Pahalgam attack.
There are several development banks like World Bank, International Monetary Fund (IMD), and Asian Development Bank (ADB) which provide aid to countries for developmental work. For instance, as of December 31, 2024, ADB had committed about $43.4 billion to Pakistan over many loans, grants, and technical assistance. The World Bank had, till January 2025, approved a $20 billion aid package for Pakistan.
Now, apart from the diplomatic war, in Stage 2 of the global economic war against Pakistan, sources say India has been working the phone lines and other channels to convince the multilateral development banks, or MDBs as they are called, to cut off aid to Pakistan. Evidence and proof have been kept ready and circulated through heads of these banks concerned to show how the money given to Pakistan for development is being misused—the people continue to live in poverty while the army gets richer and the funds are being channelised to stoke terror in India.
In fact, the MDBs have also been given proof to show that Pakistan has emerged as a school of terror and terror attacks in, say the Moscow theatre or London bridge, had Pakistani imprint. A senior official told News18: “This is proof for the world and these MDBs on why they should snap aid to Pakistan. This money would be the lifeline for terrorists and not just India, even they could face terror acts.”
World Bank, for example, has committed over $50 billion for various road and infrastructure projects. Pakistan has about 25 financial arrangements with IMF, while the ADB has promised over $3.4 billion. The IMF will meet on May 9 to review the decision, while the ADB board will meet on May 20.
