Pakistan’s foreign financing reached $16.16 billion in FY2025-26, about $3.76 billion below the government’s $19.92 billion target, according to provisional Economic Affairs Division data.
The total comprised $16.008 billion in loans and financing instruments and $149.53 million in grants during the year ended June 30, 2026, according to the EAD’s June disbursement report.
The EAD recorded $15.765 billion in assistance received directly by the central government. The $16.158 billion grand total included a further $392.82 million in publicly guaranteed Chinese financing.
Pakistan received $4.043 billion in June alone. The Asian Development Bank disbursed $953.74 million during the month, taking its full-year contribution to $1.772 billion, the official data showed.
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Multilateral lenders provided $5.035 billion during FY2025-26, while bilateral partners disbursed $1.356 billion. Saudi Arabia accounted for $1.013 billion of bilateral financing, including $1 billion through the Saudi oil facility.
Foreign commercial financing totalled $1.903 billion, compared with the government’s $3 billion target. China Development Bank refinanced $1.7 billion, while Standard Chartered Bank London supplied $203.33 million.
Other inflows included a $3 billion time deposit from the Saudi Fund for Development, $3.05 billion from Naya Pakistan Certificates, $1.001 billion from sovereign bonds, and $420.78 million from the International Monetary Fund.
