The country provisionally received $4.87 billion .i.e. 61 percent of budgeted estimates of foreign assistance from multilateral and bilateral donors in the current financial year (July-February) against $4.62 billion during the same period of last year.
The Economic Affaires Division (EAD) data revealed that China disbursed $175.15 million to Pakistan in the month of February including $106.56 million for Sukkur-Multan (Peshawar-Karachi motorway) under the China Pakistan Economic Corridor (CPEC) and $68.59 million for Neelum-Jehlum hydro power project.
The data shows that government borrowed $5 million from the Eco Trade Bank in the month of February which was not budgeted.
The country received $300.62 million in the month of February including $256.88 million loans and $43.73 million grants. The latest figures show that the country provisionally received $4.632 billion in loans and $238.41 million grant in the current fiscal year.
Pakistan received $1.032 billion from China in the current fiscal year including $175.15 million in the month of February, surpassing the budgeted $572.3 million for the current financial year. The country had received $576 million from China during the same period of last year.
Asian Development Bank (ADB) disbursed $726.56 million in the current financial year including $16.81 million in the month of February against the budgeted estimates of $1048.2 million for the current fiscal year i.e. 69.31 percent.
International Development Association (IDA) disbursed $146.49 million including $14.69 million in the month of February i.e. 9.9 percent of the budgeted estimates of $1.468 billion, IDB (S-Term) disbursed $212 million i.e. 47 percent of the budgeted estimates of $452 million and USA disbursed $62.28 million including $10.5 million in the month of February i.e. 56 percent of the budgeted estimates of $111.41 million.
International Bank for Reconstruction and Development (IBRD) disbursed $154.29 million including $10.13 million in the month of February, surpassing the budgeted estimates of $62.48 million for the current fiscal year, UNHCR disbursed $0.49 million, IDB $63.47 million including $33.32 million in the month of February, surpassing the budgeted estimates of $18.82 million for the current fiscal year, Japan disbursed $42.8 million against the budgeted $77.13 million for the current fiscal year and UK released $136.71 million including $5.04 million in February. EU disbursed $17.84 million in the current financial year against the budgeted estimates of $51.12 million.
Multi Donor Trust Fund (MDTF) disbursed $10.45 million in February under the head of grant, brining the total disbursement to $15.98 million in the current fiscal year against the budgeted estimates of $18.75.
The country received no assistance from France, Korea, Norway, Oman, Saudi Arabia, UNDP and Organization of the Petroleum Exporting Countries (OPEC) during the period under review.
Hahaha GDP upward and stander of living ( common people ) downward touching to earth …. stupid thinking we are in development ( progress ) line
Sara Pakistan baich ker be ye lpan nhi utrna
Funds, which are received from the China Government, are received with strict check and balance and monitored where the funds are being spent. Chinese funds are checked itself from the Government of China, so i do not see any misappropriations in the funds. No money is misappropriated which Pakistan receives on account of CPEC. So we should not create doubts in minds of masses without any proof. It is the reason CPEC is in completion stage in short period