In just nine months, Pakistan has received $5.5 billion in international loans.

According to official statistics from the Economic Affairs Division, Pakistan got $5.5075 billion in external financial assistance in the first nine months of the current fiscal year, which is only 28.4% of the nation’s annual borrowing target of $19.39 billion.

$5.37 billion in loans and $135.6 million in grants make up the financial inflow; however, the $1 billion tranche from the International Monetary Fund (IMF) is not included in this sum.

Notwithstanding these inflows, Pakistan got $1.39 billion less in funding from July to March than it did during the same time last fiscal year. The previous year, from July to March, the nation had obtained $6.89 billion in foreign assistance.

According to the report, foreign financial institutions continued to be a major source of assistance. The World Bank contributed $720 million and the Asian Development Bank (ADB) distributed $1.18 billion. Over the course of the nine months, international organizations gave Pakistan a total of $2.8276 billion.

Bilateral partners also provided substantial support. Among them:

Over $3 billion was turned over by Saudi Arabia.

Over $2 billion was rolled over by the United Arab Emirates (UAE).

A $1 billion loan was rolled over by China.

Additionally, direct bilateral aid consisted of:

France: $108 million

$99.1 million in China

$40 million in the US

$28.8 million in Japan

Kuwait: $24.4 million