Explained: Why India abstained instead of voting no on IMF Pakistan loan – Times of India

Explained: Why India abstained instead of voting no on IMF Pakistan loan – Times of India

India abstained from voting on IMF loan package for Pakistan NEW DELHI: India raised concerns during Friday’s International Monetary Fund’s Executive Board meeting regarding IMF’s financial assistance to Pakistan. While abstaining from voting, India said, “Pakistan has been a prolonged borrower from the IMF, with a very poor track record of implementation and of adherence…

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Friedrich Merz Fails in First Round of Voting to Become Germany’s Next Leader

Friedrich Merz Fails in First Round of Voting to Become Germany’s Next Leader

Friedrich Merz, the leader of Germany’s Christian Democrats and its leader-in-waiting for the last 10 weeks, failed in his first parliamentary vote to become chancellor on Tuesday morning. The setback was likely temporary: Mr. Merz’s party, its sister party, the Christian Social Union, and their coalition partner, the center-left Social Democrats, still have enough votes…

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