During the first five months of the current fiscal year, the government borrowed $2.6 billion from various financing sources.
According to the document, the government allocated a budget of 9 billion dollars for time deposits for the current financial year. During the first 5 months of this year, 2.6 billion dollars were borrowed from various financing sources. During the same period last year, $4.2 billion was borrowed. The $2.6 billion loan does not include the first $1 billion tranche received from the IMF.
According to the document, $5 billion Saudi Arabia’s time deposit and $4 billion Safe China deposit are included, but no money was received in the first 5 months. There is no mention of aid from the United Arab Emirates. In December, Saudi Arabia extended its $3 billion deposit with Pakistan for another year.
The government allocated a budget of $19 billion for the fiscal year 2024-25 from various financing sources, which included loans of $19 billion and grants of $176.29 million. It does not include any money from the IMF. The government had allocated a budget of 3.7 billion dollars from foreign commercial banks for the financial year 2024-25.
According to the document, Pakistan received $944 million from various sources in November, mainly due to $594.78 million received from the Asian Development Bank. During the first five months of the current fiscal year 2024-25, $734.90 million was received as New Pakistan Certificates, including $192.75 million in November.
