New Delhi, June 4 -- India has strongly objected to the Asian Development Bank's (ADB) decision to extend financial support to Pakistan, warning that the funds could be misused amid rising defence spending, a shrinking tax-to-GDP ratio, and stalled economic reforms, an official aware of the matter said on Wednesday.

New Delhi has also highlighted that Islamabad's increasing military spending, often at the cost of development priorities, cannot be justified solely by domestic resource limitations, the official said.

The Asian Development Bank has approved an $800 million package for Pakistan to boost fiscal sustainability and strengthen public financial management,PressTrust of India reported on Tuesday. The package includes a $300 milli...