Islamabad: The government has borrowed $11 billion from July
to April of the current fiscal year.
According to the documents, 83 percent more loans were taken
compared to the previous fiscal year. $6 billion was borrowed during the same
period last fiscal year. The total estimate for the current fiscal year is
$19.39 billion. $4.5 billion was received in April, while the government will
borrow more during May and June this year.
According to the report of the Economic Affairs Division, $5
billion more loans were received compared to the previous year. A grant of $120
million was also received from July to April 2026.
According to the
local currency, the government has received Rs3,103 billion so far in the
current fiscal year. Total external financial assistance during April of the
last fiscal year was recorded at $570 million.
The government received 7 times more loans during April of
the previous fiscal year than the current fiscal year.
In addition, Pakistan received a loan from the IMF, which is
more than $2.5 billion. During the 10 months, non-project aid was $8.31 billion
and project aid was $2.756 billion.
Of the non-project aid, $4586 billion was received for
budget support. Saudi Arabia gave Pakistan an oil facility for purchasing oil
on deferred payments of $1 billion. The Islamic Development Bank gave Pakistan
a loan of $480 million. Grants of $21.8 million were received during April.
According to the documents, the government borrowed Rs 6.6
billion during the first nine months of the current fiscal year 2025-26, while
$ 5.51 billion was borrowed from July to March of the previous fiscal year. A
total of Rs 5,720 billion is estimated to be borrowed in the current fiscal
year in local currency.
According to the report of the Economic Affairs Division, a
loan of Rs 1,246 billion was obtained during April last month, Rs 198 billion
in July of the current fiscal year and Rs 192 billion in August, Rs 124 billion
in September and Rs 133 billion in October, Rs 144 billion in November, Rs 413
billion in December, Rs 175 billion in January, Rs 193 billion in February and
Rs 204 billion in March. Of the loans taken during April, $4.15 billion was
obtained under bilateral and multilateral agreements.
In the current fiscal year, $9 billion in safe deposits are
estimated to be rolled over from Saudi Arabia and China, including $5 billion
in deposits from Saudi Arabia and $4 billion in safe deposits from China. Out
of this, $3 billion has been rolled over from Saudi Arabia. $3 billion was also
returned to the UAE during April.
According to the report, $1.92 billion is estimated to be
received from the Asian Development Bank in the current fiscal year, $1.66
billion from the World Bank Group, and $860 million from the Islamic
Development Bank, of which $700 million will be received for short-term
purposes. A total of $6.4 billion will be received under bilateral and
multilateral agreements for project financing in the current fiscal year.
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