Pakistan Received $1.622 Billion as Foreign Assistance in July-August 2019

The government procured $1.622 billion external loans in the first two months (July-August) of 2019-20 including $321.50 million from foreign commercial banks.

According to Economic Affairs Division’s (EAD) data, the country received $1.622 billion foreign assistance in the first two months of the fiscal year 2019-20 compared to $820.05 million during the same period last year.

The government budgeted foreign assistance of $12.957 billion for the current fiscal year including $2 billion foreign commercial loans. The country received $918.68 million from multilaterals and $382.05 million from bilaterals during this period.

According to EAD, the government borrowed $321.50 million from foreign commercial banks as compared to $70 million during the same period of last year. Citibank disbursed $148.2 million in August. The country borrowed $123.31 million from Dubai Bank and $50 million from a consortium of Credit Suisse out of its total commitment of $250 million in July.

China disbursed $158.3 million in the first two months of the fiscal year 2019-20 including $27.2 million for the Havelian-Thakot road project, $68.2 million for the Sukkur-Multan motorway and $5.07 million for the Orange Line Metro project.

The Islamic Development Bank disbursed $285.21 million in the first two months out of the total of $1.1 billion. Asian Development Bank (ADB) disbursed $528.77 million, United Kingdom (UK) $80.98 million, World Bank $83 million, International Fund for Agricultural Development (IFAD) $21.64 million, USA $11.9 million and Japan $15.95 million in the first two months of the current fiscal year.


  • We need to increase exports. We are missing too many opportunities in international markets.

    Why we keep getting loan as target. Target should increase exports by this much or increase fdi by so percentage. Sad to see to get loan as target.


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