IMF confirms Pak funding wasn’t voted on.

• The International Monetary Fund (IMF) confirmed that the decision to provide additional funds to Pakistan was unanimous and not a vote.

• India abstained from this decision due to Pakistan’s “poor track record” in fund utilization.

• The IMF board approved a total of $2.4 billion in funding to Pakistan on May 9.

• Finance Minister Nirmala Sitharaman and government officials sought support for the funding issue.

• India plans to send a dossier to the Financial Action Task Force (FATF) before its June plenary to push for Pakistan’s re-inclusion in its ‘grey list’ of countries subject to increased scrutiny.

• The IMF approved Pakistan’s Extended Fund Facility (EFF) programme in September 2024, with the first review planned for the first quarter of 2025.

• The IMF Executive Board found Pakistan had met all of the targets and approved the programme.