ISLAMABAD – Pakistan has received $6.68 billion foreign loan in the first eight months of the current fiscal year 2023-24 and this loan is less than the budgetary estimates.
According to the statistics released by the Finance Division, Pakistan is estimated to receive $17.38 billion foreign loan in the current fiscal year.
From July to February, Pakistan received $848.2 million foreign loan. Of this amount, Pakistan received $595.1 million from Saudi Arabia for oil and $67.3 million from China.
On the other hand, Pakistan received $686.8 million from Naya Pakistan Certificates and $2 billion under the time deposit.
