India cautions IMF about bail out to Pakistan

[shambhu]

NEW DELHI: India and some other nations have cautioned the International Monetary Fund (

IMF
) about fresh bailout for Pakistan at a time when it is under the

Financial Action Task Force
's (

FATF
) scanner for its serious failure to crack down on

terror funding
.


During recent meetings in Washington, Indian officials are learnt to have warned of possible embarrassment for the multilateral agency as they made the point that Pakistan was already 'grey listed' and faced a high probability of being in the 'black list' which will severely restrict its financial transactions with other nations.

Indonesia have filed very strong case against pakistan in FATF.

If IMF denys Pakistan loan in my understanding it will be good for us. IMF loans only bring misery to people and nothing else.

The you should refuse it in the first instance.

 

[Vanamali]

Indonesia have filed very strong case against pakistan in FATF.


The you should refuse it in the first instance.

Any source or link... You mean Indonesian wants to black list Pak... I don't think so... A Muslim country trying to harm Pak??

 

[shambhu]

Any source or link... You mean Indonesian wants to black list Pak... I don't think so... A Muslim country trying to harm Pak??

Yes this case was filed by Indonesia .

 

[Viny]

Frating incidence of india has gone uo recently

Let me explain you how it works.
There is regional representative vote share and there is country vote shares.
What you are talking about is vote share that one has by virtue of how many others regional holders nominate there head. In case of India 3 other countries nominated Indian representative as there representative, selecting Indian head to represent them gives them more say as India has more voting rights as compared to them individually so the clubed together under indian head.

Similarly there are multiple groups which are formed by coming together. So that smaller vote holders can have one single representative. Who can use power of other votes along with.

Other than this with USA, Japan, Many european countries, Russia and now Saudi aligning with India, the total voting power goes very high. If you look at individual level votes then India is still in the top list.