ISLAMABAD: Pakistan has received $2.3 billion in external funding during the last three months, aiming to stabilize its economy amid financial pressures.
The tranche includes the first tranche of $1 billion from a $7 billion IMF loan program, according to documents shared by sources. Additional loans totaling $1.23 billion were provided by various international financial institutions and partner nations.
The data reveals that Pakistan obtained $482.9 million in loans from international financial bodies and $250 million from bilateral allies, such as China and Saudi Arabia, between July and September.
Pakistan also received $70 million in grants during this period, signaling continued reliance on international support.
The government anticipates a total of $19.39 billion in external aid for this fiscal year.
The figure includes an extended $5 billion deposit from Saudi Arabia and a $4 billion extension from China. Further, an additional $1 billion is expected from the IMF, as Pakistan works to shore up its reserves and support economic resilience.
