Sat. Jan 11th, 2025

Pakistan secures $2.3b in external aid in last quarter

MNP – Pakistan has received $2.3 billion in external funding during the last three months, aiming to stabilize its economy amid financial pressures.

The tranche includes the first tranche of $1 billion from a $7 billion IMF loan program, according to documents shared by sources. Additional loans totaling $1.23 billion were provided by various international financial institutions and partner nations.

The data reveals that Pakistan obtained $482.9 million in loans from international financial bodies and $250 million from bilateral allies, such as China and Saudi Arabia, between July and September.

Pakistan also received $70 million in grants during this period, signaling continued reliance on international support.

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