Pakistan’s foreign loan inflows have jumped by almost 45 per cent to about $4.5 billion in first five months (July-November) of the current fiscal year as compared to the corresponding period in the last fiscal.

With the loans taken in the five months, the country has received a total of about $23.6bn in foreign loans during tenure of the Pakistan Tehreek-i-Insaf government (since July 1, 2018), according to data on Foreign Economic Assistance compiled by the Ministry of Economic Affairs.

The ministry said on Thursday “the government has received $4.499bn total external inflows from multiple financing sources” during July-November of fiscal year 2020-21. This amounted to 37pc of the annual budget estimates of $12.233bn for the entire FY2020-21, it added.

https://www.dawn.com/news/1596389/foreign-loans-surge-by-45pc-in-five-months-of-fiscal