Pakistan received external assistance of $6.88 billion in the first seven months of the current fiscal year (July-January) 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 $608.71 million in the current fiscal year (July-January) 2017-18 against the budgeted $1.595 billion for the entire year. China released $46.87 million in January for Chashma Nuclear Power Plant and $22.18 million for the Neelam Jehlam hydro power project.
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Pakistan Received $5.9 Billion in Loans & Grants During the Past 6 Months
Asian Development Bank (ADB) disbursed $498.03 million in the current fiscal year 2017-18 so far including $42.33 million in January against the budgeted estimates of $1.221 billion.
Details on other loans and grants are listed below:
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Struggling Economy: Current Account Deficit Crosses the $9 Billion Mark
The government has procured $532.66 million in commercial loans from foreign banks in January, bringing the total to $1.78 billion in the current fiscal year (July-January) of 2017-18.
The government has received no assistance from Italy, Korea, Norway, and UNDP during the current fiscal year (July-January) 2017-18.