Pakistan’s external debt increased by $5.21 billion during the current fiscal year compared to the same period last year, reflecting the country’s continued dependence on foreign financing. The latest official figures highlight growing borrowing requirements as authorities work to manage fiscal pressures, support foreign exchange reserves and meet external payment obligations. During the first eleven […]
Foreign Loans
Foreign loan inflows rise sharply in first five months
ISLAMABAD: Pakistan received $3.03 billion in foreign loans and grants during the first five months of the current fiscal year, marking a 14 per cent increase compared to the same period last year, largely due to improved external financing support. Read More: Pakistan secures over $16 billion in foreign loans and grants amid economic challenges According […]
Pakistan Rethinks Foreign Aid Reliance Amid Debt Crisis
Pakistan’s economic debate is entering a new phase as policymakers and experts increasingly question the sustainability of foreign borrowing. The growing consensus is that loans should be restricted to projects with demonstrable development impact and aligned with areas of comparative advantage. A former senior IMF official from Pakistan emphasised that the “approach of accepting whatever […]
Pakistan secures $12 billion in foreign loans amid economic challenges
Pakistan has secured nearly $12 billion in foreign loans during the first eight months of FY25, aiming to exceed its $19.2 billion target by June. A significant portion—$6 billion—came from rollovers by China, Saudi Arabia, and the UAE, while fresh loans fell 25% to $5.95 billion compared to last year. The Economic Affairs Division (EAD) […]