India to push FATF to put Pakistan in grey list: Reports

India is preparing to press the Financial Action Task Force (FATF) to re-list Pakistan in its grey list, citing fresh concerns over the country’s alleged support to terror financing. According to senior government sources, India is expected to raise the issue during the next FATF meeting, arguing that Pakistan’s economic aid is indirectly fueling cross-border terrorism.

The development comes amid heightened tensions between the two countries, with Prime Minister Narendra Modi warning that Pakistan will have to "beg for every penny" if it continues to support terrorism. India has also conveyed objections to the World Bank’s proposed $20 billion assistance to Pakistan, and raised similar concerns with the International Monetary Fund (IMF), accusing Pakistan of ramping up arms purchases every time it receives financial aid.

While the IMF recently released $1 billion under its Extended Fund Facility programme, Indian officials argue that such support strengthens Pakistan’s military infrastructure rather than stabilizing its economy. India has stressed that these financial inflows indirectly subsidize terrorist activities targeting India, and hence global financial watchdogs must re-evaluate their support.