More bad news for Pakistan, India to get 20 times more money than what Pakistan is begging from IMF…

India is going to get 20 times more money as a gift than the amount Pakistan has struggled to get from the International Monetary Fund (IMF). Pakistan has been given a loan by the IMF, which it has to return, but the amount that India will get, it does not have to return. Many economists say that the government can get a large amount as dividend from the Reserve Bank of India (RBI).

On May 10, the IMF approved a loan of $1 billion for Pakistan, which is the second installment of its $7 billion loan. The $7 billion loan approved in 2023 is paid to Pakistan in one installment every year. Apart from $1 billion, the IMF has also approved an additional loan of $1.4 billion in the form of Resilience and Sustainability Facility, i.e. a total loan of $2.4 billion was given to Pakistan on May 10.

Economists say that this year the government can get up to 36 billion dollars i.e. three lakh crore rupees as dividend from RBI, which is much more than last time. In 2024, the government received Rs 2.1 lakh crore as dividend from RBI.

The Reserve Bank pays dividends to the government from the surplus income that the RBI earns from investment and appreciation in valuation of dollars after holding them and this also includes the fees it gets from printing currency. The Reserve Bank gives a part of the profit it earns from this to the government.

Canara Bank Chief Economist Madhavankutty G Group said that RBI must have earned sufficient profit from foreign exchange operations and repo operations. RBI’s surplus income or dividend is being keenly watched as the Reserve Bank has sold a lot of dollars this time, which is expected to increase the income.

News