The Economic Affairs Division stated on Wednesday that Pakistan obtained $4.58 billion in loans from July 2024 to January 2025. According to the Economic Affairs Division, this includes $2.32 billion received under agreements, $329.1 million from bilateral agreements, and $500 million from foreign commercial loans. Additionally, investments worth $1.12 billion were made through the Naya Pakistan Certificates. The total estimated financing for the current fiscal year is $19.39 billion.
Compared to the previous year, Pakistan has seen a 30% decrease in financing during the same period. Last year, the country had borrowed $6.30 billion during the same time frame. The Asian Development Bank (ADB) provided $1.48 billion, while the World Bank disbursed $573.8 million during the same period. Pakistan also received financing from China ($99.1 million) and France ($102.5 million). Furthermore, the Islamic Development Bank provided a total of $400 million in loans to Pakistan.
Credit: Independent News Pakistan (INP)