Pakistan Receives $5.17B Foreign Loans in First 7 Months

Date:

Web Desk | Islamabad, Pakistan Economic Affairs Division has released data showing that Pakistan received $5.17 billion in foreign loans and financial assistance during the first seven months of the current fiscal year.

According to official documents, the funding was obtained from external sources between July and January, marking an increase compared to the same period last year when Pakistan secured $4.584 billion in external financing.

Officials said the release of details about foreign loans and grants was delayed, partly due to ongoing review talks between Pakistan and the International Monetary Fund. The data was made public after progress in the negotiations.

Major contributors

Government statistics show that Pakistan received $931.88 million in bilateral loans during this period.

  • Saudi Arabia provided the largest share with $708 million.
  • China contributed $269.42 million in guaranteed loans.

Saudi Arabia also extended support through an oil facility on deferred payments, providing $700 million during the same period, with $100 million released each month.

Other financial contributions

Additional financial assistance came from several countries:

  • China – $72.28 million
  • Denmark – $71.15 million
  • France – $26.73 million
  • Germany – $5.45 million
  • Japan – $15.53 million
  • South Korea – $9.49 million
  • Kuwait – $22.06 million
  • United States – $0.49 million

The figures show that Saudi Arabia remained Pakistan’s largest bilateral lender, while the United States contributed the smallest amount during the reported period.

Economists say foreign financing remains critical for Pakistan as it manages fiscal pressures, external payments, and economic reforms under international financial programs.

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