Bhuj/IBNS, May 16 -- Defence Minister Rajnath Singh on Friday raised an objection against the International Monetary Fund (IMF)'s $1 billion funding to Pakistan and urged the international financial organisation to reconsider its decision.

Addressing the Indian Air Force (IAF) officers at Bhuj airbase in Gujarat, Singh equated IMF's funding to Pakistan with the direct or indirect funding to terrorism.

Despite opposition from New Delhi, the IMF last week approved a loan of $1 billion to Pakistan at a time when the country was in an unprovoked military conflict with India.

The loan has been granted to Pakistan under the ongoing Extended Fund Facility.

Adding to this, the IMF has also considered a new Resilience and Sustainability Facili...