ISLAMABAD: Pakistan secured $4.58 billion in loans from July 2024 to January 2025, according to the Economic Affairs Division.
The division outlined that this total includes $2.32 billion from loan agreements, $329.1 million from bilateral agreements, and $500 million from foreign commercial loans. Additionally, Pakistan attracted $1.12 billion in investments through Naya Pakistan Certificates. The projected total financing for the current fiscal year stands at $19.39 billion.
However, there has been a 30% decrease in borrowing compared to the same period last year, when Pakistan borrowed $6.30 billion.
Key contributors to the financing included the Asian Development Bank (ADB), which provided $1.48 billion, and the World Bank, which disbursed $573.8 million. Other notable contributors included China ($99.1 million), France ($102.5 million), and the Islamic Development Bank, which provided $400 million in loans.
In December 2024, Pakistan’s federal government debt increased by Rs 4,304 billion in the first eight months of the current tenure. As of October, the total national debt reached Rs 69.114 trillion, up from Rs 64.810 trillion in February, according to available documents.
During this period, domestic debt rose by Rs 4,556 billion, while foreign debt decreased by Rs 251 billion. Consequently, domestic debt stood at Rs 47.231 trillion in October, compared to Rs 42.675 trillion in February. Meanwhile, foreign debt decreased to Rs 21.884 trillion from Rs 22.134 trillion.
