India raised concerns over the efficacy of IMF programmes in the case of Pakistan and also on the possibility of misuse of debt financing funds for state-sponsored cross-border terrorism

IMF releases £750m loan tranche to Pakistan over India’s protests amid escalating conflict - New funding to aid economic stability and climate resilience

India strongly objected to this approval as a member of the IMF and abstained from the said vote, questioning “the efficacy of IMF programs given the poor track record of Pakistan” on adhering to the conditions of such schemes and using the funds for “state sponsored cross border terrorism”.