India to push for adding Pakistan to FATF grey list

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Reuters May 24, 2025
PHOTO: APP

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NEW DELHI:

India will push the Financial Action Task Force (FATF), a global financial crime watchdog, to add arch-rival Pakistan back to its "grey list", and oppose upcoming World Bank funding to Islamabad, a top government source in New Delhi said on Friday.

India announced a slew of measures as retribution for what it says are Pakistan-backed attacks on its soil — the latest of which killed 26 Hindu tourists in IIOJK last month — including keeping the Indus Waters Treaty in abeyance.

The source said India would not miss any opportunity "in opposing Pakistan and the next one is funding by World Bank, and we will raise our protest there too."

Pakistan's finance ministry did not immediately respond to a request for comment.

Pakistan has denied any hand in the Pahalgam attack and has said India's move of keeping the Indus Waters Treaty in abeyance is an act of war. The nuclear-armed neighbours clashed in their worst military fighting in nearly three decades before agreeing to a ceasefire on May 10.

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