Islamabad (HRNW)- The Economic Affairs Division has released official figures regarding Pakistan’s foreign loans and financial assistance received during the first seven months (July to January) of the current fiscal year.
According to official documents, Pakistan received $5.17 billion in external loans and financial assistance from various international sources during this period. In comparison, the country had received $4.584 billion in the same period of the previous fiscal year, indicating an increase in foreign financial inflows this year.
The report states that the release of detailed information about foreign loans and grants was delayed, possibly due to the ongoing review negotiations between Pakistan and the International Monetary Fund (IMF). The data was officially released after the completion of these negotiations.
According to the figures, Pakistan received $931.88 million in bilateral loans during the July–January period. Saudi Arabia provided the largest share of $708 million, while China extended a guaranteed loan of $269.42 million.
In addition, Saudi Arabia also supported Pakistan through a deferred payment oil facility, providing $700 million, with $100 million released every month under the program.
Other financial assistance included $72.28 million from China, $71.15 million from Denmark, $26.73 million from France, $5.45 million from Germany, $15.53 million from Japan, $9.49 million from South Korea, $22.06 million from Kuwait, while the United States provided $0.49 million in financial assistance.
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