Pakistan secured $4.58 billion in loans between July 2024 and January 2025, according to the Economic Affairs Division’s latest report, shared on Wednesday. T
he loans include $2.32 billion received through agreements, $329.1 million from bilateral agreements, and $500 million in foreign commercial loans.
In addition to these loans, the Naya Pakistan Certificates made $1.12 billion in investments. The total projected financing for Pakistan for the current fiscal year is $19.39 billion.
Pakistan’s total financing decreased by 30% compared to the same period in the previous year. In 2023, Pakistan borrowed $6.30 billion between July and January.
Key international financial institutions also contributed significantly. The Asian Development Bank (ADB) provided $1.48 billion, and the World Bank disbursed $573.8 million. Pakistan also received loans from China ($99.1 million) and France ($102.5 million).
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Additionally, the Islamic Development Bank extended loans for $400 million.
In December 2024, Pakistan’s federal government debt significantly increased by Rs 4,304 billion in just the first eight months of the current tenure. As of October 2024, the country’s total debt stood at Rs 69.114 trillion, up from Rs 64.810 trillion in February 2024.
Domestic debt increased by Rs 4,556 billion, while foreign debt decreased by Rs 251 billion during this period. As of October, domestic debt totalled Rs 47.231 trillion, up from Rs 42.675 trillion in February. Meanwhile, foreign debt dropped to Rs 21.884 trillion from Rs 22.134 trillion earlier this year.
