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Pakistan receives $12.5bn in foreign loans
Khaleeq Kiani - Dawn -
22/04
Expected inflow of $9bn from Saudi Arabia and China critical to meet external funding gap in FY25.
ISLAMABAD: Pakistan authorities have materialised only $12.5 billion in foreign loans in the first nine months of 2024-25 against an annual $19.2bn target by June 30.
While half of this portfolio was legacy rollovers from China, Saudi Arabia and the United Arab Emirates — fresh loans and grant inflows amounted to $5.51bn in nine months, almost 20pc lower than the comparable period of last fiscal year.
In its ... [Short citation of 8% of the original article]
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