Pakistan Received $2.45 Billion in Loans & Grants During the Past 4 Months

Pakistan received a total of $2.452 billion in external aid during July-October 2017-18, revealed Economic Affairs Division (EAD).

The government has budgeted foreign assistance of $8.094 billion for 2017-18 including $7.692 billion loans and $401.78 million in grants.

China disbursed $417.21 million in the current fiscal year (July-October) 2017-18 against the budgeted $1.595 billion for the entire year. It released $100.1 million in October including $56.3 million for Sukkur-Multan Motorway project, $22.4 for Havelian-Thakot under the China Pakistan Economic Corridor (CPEC) framework and $21.32 million for the Orange Line project Lahore.

Asian Development Bank (ADB) disbursed $160.54 million in the current fiscal year 2017-18 so far, including $43.23 million in October against the budgeted estimates of $1.221 billion.

International Bank for Reconstruction and Development (IBRD) issued $69.56 million against the estimated $60.65 million, IDB(S-Term) released $455.36 million against the estimated $1.550 billion, Asian Infrastructure Investment Bank (AIIB) sent $7.86 million, International Development Association (IDA) released $79.05 million against $975.27 million and Islamic Development Bank (IDB) issued $53.84 million.

Categorizing individual countries by loans: Japan $33.17 million, Saudi Arabia $22.50 million, UK released $81.59 million of grant and USA released $22 million in the current fiscal year 2017-18 against the budgeted estimates of $117.56 million.

The government has received no assistance from EU, Italy, Korea, Norway, and UNDP during the first four months of the current fiscal year 2017-18.

The country procured $1.022 billion commercial loans from foreign banks during the current fiscal year 2017-18.

The government procured $500 million as commercial loans from Industrial and Commercial Bank of China Limited (ICBC) in October. $50 million were procured from the Credit Suisse-led consortium of banks, bringing the total to $255 million from the consortium.

The consortium consists of Credit Suisse AG, United Bank Limited and Allied Bank Limited. The country procured $267 million commercial loans from Citibank during the period under review for budgetary support.

The government budgeted $2.05 billion for 2016-17 but by the end of the year had borrowed $4.367 billion from foreign commercial banks.


  • Itne Loan, Itne Project, Itne Investment K Bad Bhi
    Na Pani
    Na Bijlee
    Na Gas
    Na Noukri
    Na Benefits
    Na Sasti Cheeze
    Na Behtar Roads
    Na Services
    Na He Kuch
    Sath Main Mila to Kiya
    More Shortage of Pure WATER
    More Load shedding
    More Gas Shortage
    More Jobless
    More Taxes
    More Inflation
    More Cracks Road & Bridge & Under Pass Including Highways
    More Bekaar Services
    #RIP PLM (N)

    • A Mubashir Ali

      Ishaq Dar