It is 58 per cent rise as compared to last year’s $2.234 billion loan
Pakistan has received $3.52 billion including $3.49bn in loans and $34 million in grants during the first three months of FY-2023-24.
The Economic Affairs Division has released a monthly report regarding the loans and grants received by Pakistan from other countries in the current financial year so far.
The report said that from July to September 2023, Pakistan received $3.5273 billion from abroad, according to the report. Out of this, $3.49 billion are loans and $34 million grants, showing 58 per cent rise as compared to last year’s $2.234 billion loan.
The report further said that Saudi Arabia gave a loan of $2 billion to Pakistan in the form of time deposits, and China’s National Aero Technology Corporation provided $500 million.
