
Pakistan luggage Rs 8,500 cr ADB package deal regardless of India’s sturdy objections
In what’s being considered as a diplomatic setback for India, the Asian Improvement Financial institution (ADB) has accepted an $800 million (roughly Rs 8,500 crore) bailout package deal for Pakistan, brushing apart New Delhi’s objections over Islamabad’s monitor file on terror-financing and financial mismanagement. The package deal contains a $300 million policy-based mortgage and a…