Additionally, the Board approved Pakistan’s request for a new arrangement under the Resilience and Sustainability Facility (RSF), providing access to around $1.4 billion.
India cited Pakistan’s track record of non-compliance with IMF conditionalities, highlighting that the country has received disbursements in 28 of the past 35 years despite its inconsistent reform commitments.
Terming this a “serious gap”, India called for global financial institutions like the IMF to integrate moral considerations into their lending decisions.
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