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Pakistan’s external borrowing surges by $5.21bn in 11 months

ISLAMABAD: Pakistan’s external borrowing has increased by 5.21 billion dollars compared to the previous year, according to official documents.

The documents show that the country received 12.10 billion dollars in external financial assistance during the first 11 months from July to May of the current fiscal year. In Pakistani currency, this external financing amounts to 3,364 billion rupees. In addition, 38 billion rupees were received in the form of financial grants.

In the same period of the previous fiscal year, Pakistan had received 6.89 billion dollars in external loans and grants, reflecting a significant year-on-year increase in foreign inflows.

According to the data, in May 2026 alone, the country secured more than 1 billion dollars in external financing. During the first 11 months of the current fiscal year, Pakistan received 3.10 billion dollars from international financial institutions.

The documents further indicate that 1.31 billion dollars were obtained through bilateral financial assistance from various countries. Under the “Naya Pakistan Certificate” scheme, the government raised 2.66 billion dollars in borrowing.

Saudi Arabia provided 3 billion dollars in fresh deposits to Pakistan, while the International Monetary Fund disbursed 420 million dollars during the same period.

Officials said the rising inflows reflect continued reliance on external financing sources to meet fiscal and external account requirements.

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