‘Byju’s Raised 6 Times This Amount’: Tax Expert Mocks Pakistan’s $1 Billion IMF Payout

As Pakistan celebrates IMF’s $1 billion disbursement, Indian tax expert Ajay Rotti’s social media quip captures India’s dismissive response, calling it a “rounding error” in India’s budget.

New Delhi, May 10, 2025 — While Pakistan celebrated the International Monetary Fund’s approval of a $1 billion tranche under its Extended Fund Facility (EFF), Indian tax expert Ajay Rotti delivered a scathing one-liner that resonated widely across Indian social media.

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“They are celebrating $1bn. This is a rounding off error in our budget,” Rotti wrote on X (formerly Twitter).

He followed up with: “Byju’s raised six times THIS amount and put choona also. We aren’t even bothered 😂😂😂”

The remark came shortly after the IMF announced the release of the first review under the EFF, bringing total disbursements to $2.1 billion. An additional $1.4 billion under the Resilience and Sustainability Facility (RSF) was also approved, albeit with conditions.

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India Abstains, Warns of Misuse

While Islamabad pitched the IMF approval as a triumph of “macroeconomic reform and resilience,” India took a different stand—abstaining from the vote altogether. The Indian Ministry of Finance issued a sharp statement raising red flags about Pakistan’s track record with IMF funds and their potential misuse, particularly in the context of state-sponsored terrorism.

“Rewarding continued sponsorship of cross-border terrorism sends a dangerous message to the global community,” the ministry warned.

India’s stance follows the April 22 terror attack in Pahalgam, which killed 26 civilians and was linked to Pakistan-based groups. Analysts argue the IMF’s latest disbursement could amount to yet another temporary fix for a fragile economy.

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Mocking the Numbers

Rotti’s dig at Pakistan drew viral attention not just for its humour, but for its underlying message: $1 billion may mean survival in Islamabad, but it barely makes a dent in India’s $3.7 trillion economy. By juxtaposing it with Byju’s—a now-struggling Indian edtech firm that raised over $6 billion—he underscored the scale differential between the two nations.

“Byju’s raised that kind of money—and still collapsed,” one user commented in agreement.

Pakistan’s Economic Snapshot

• Foreign reserves: $10.3 billion
• Total external debt: $131 billion
• Key IMF conditions: Energy pricing reforms, improved tax compliance, and restructuring state-owned enterprises

Despite the IMF’s approval, Pakistan’s economic fundamentals remain shaky, and public sentiment in India suggests that global lenders may be underestimating the geopolitical risks associated with aiding Pakistan without proper safeguards.

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Pakistan IMF bailout, India Pakistan tensions, Ajay Rotti, Byju’s collapse, macroeconomic policy, terror funding concerns, India abstains IMF vote, Pahalgam attack, Indo-Pak conflict, OperationSindoor,