Islamabad: In the first quarter (July to September) of the current fiscal year 2024-25, Pakistan received two billion 30 million dollars in external funding.

According to the data, a total of 2 billion 30 million dollars in external funding has been received during the three months so far, including one billion dollars of the first tranche of the IMF loan program.

According to the details, apart from IMF, a 1 billion 230 million dollar loan was received from other financial institutions and countries, and Pakistan received an external grant of more than 70 million dollars from July to September.

International financial institutions provided $482.9 million in loans from July to September, while bilateral countries, including China and Saudi Arabia, contributed $250 million. The total foreign funding expected this year is estimated at $19.39 billion.

The funding includes the extension of Saudi Arabia’s $5 billion and China’s $4 billion deposits. Additionally, Pakistan is expected to receive another $1 billion from the IMF during the current fiscal year.

Tags: billion dollars external funding million months Pakistan Received