Pakistan Secures $4.5 Billion in External Loans and Grants in First Half of Fiscal Year 2026, Up 29% from Last Year

0 0

Pakistan received a total of Rs1,254 billion in external loans during the first half of the current fiscal year, marking a 29% increase, or Rs280 billion more, compared to the same period last year. During July to December, the country also secured Rs17.67 billion in grants, bringing total external financial assistance to Rs1,272 billion, equivalent to $4.5 billion, which is $904 million higher than inflows during the same period of the previous year. For comparison, Pakistan had received $3.6 billion in external funding in the first six months of the last fiscal year, excluding IMF support.

The assistance includes Rs785 billion in non-project aid and Rs487 billion in project aid, with Rs458.72 billion specifically allocated for budget support. Major contributions came from Saudi Arabia, which provided an oil facility worth Rs170 billion, and the Islamic Development Bank, which extended Rs137 billion in loans.


Similar news

Add a comment

Publications

Rating

+