IMF ignores India's objection, approves $2.4-bn funding package for Pakistan
The Executive Board of the International Monetary Fund (IMF) on Friday approved two bailout packages worth a total of $2.4 billion for Pakistan, ignoring India's objection. India had abstained from International Monetary Fund (IMF) vote on the package. India raised concerns over Pakistan's poor track record and also on possibility of misuse of funds for state-sponsored cross-border terrorism.