As tensions between India and Pakistan escalate following a recent border conflict, India is taking steps to financially isolate its arch-rival. The country has urged the Financial Action Task Force (FATF) to reinstate Pakistan on its ‘grey list’ while also seeking opposition to World Bank funding for Islamabad. 🇮🇳 This move comes after Pakistan launched an attack against Indian territory in May, claiming responsibility for killing Indian soldiers and subsequently retaliating with attacks. 🇵🇰 India has vowed not to remain silent and is prepared to raise protest at the World Bank level as well. The outcome of this conflict will likely have a significant impact on Pakistan’s economy and its ability to secure future loans from international institutions like the IMF. Despite calls for de-escalation, China and the US continue to be cautious observers in this volatile situation.