Will India help cash-strapped Pakistan? What Jaishankar said

Will India help cash-strapped Pakistan? What Jaishankar said


NEW DELHI: External affairs minister S Jaishankar on Thursday said that India will look at the local public sentiment in Pakistan before taking a call on whether to help its crisis-hit neighbour.
“Will look at local public sentiment before taking a call on whether to help Pakistan in its current difficulties,” Jaishankar said, while not directly ruling out the possibility of New Delhi offering help to Islamabad.
However, the Union minister hit out at Pakistan over its economic predicament, saying that no country is going to come out of difficult situation and become prosperous power if its basic industry is “terrorism”.
“Terrorism is a fundamental issue in [India’s] relationship with Pakistan … we must not be in denial of it,” Jaishankar added.
His remarks come just days after Jaishankar criticised Pakistan for leading itself into a crippling economic crisis.
In an interview with ANI, Jaishankar said the country’s future is largely determined by its actions and the choices it makes.
“Nobody reaches a difficult situation suddenly and without cause,” he had said.
The Pakistan economy is in dire straits amid depleting forex reserves and soaring inflation.
The country is desperately seeking a much-needed bailout from the International Monetary Fund (IMF) to pull itself out of a spiralling debt crisis.
In order to stave off bankruptcy and debt default, the crisis-ridden country has already removed artificial caps on its currency resulting in it shedding more than a quarter of its value; fuel prices have jumped by almost a fifth and are expected to rise further; key policy rate has been hiked; and taxes on luxury items have been increased.
(With inputs from agencies)

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