Pakistan receives $2.7b in foreign loans

Pakistan received over $2.7 billion in gross foreign loans in the first quarter of current fiscal year, up about one-fourth amid growing concern about the impact of high indebtedness on national security

Oct 24, 2020
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Pakistan received over $2.7 billion in gross foreign loans in the first quarter of current fiscal year, up about one-fourth amid growing concern about the impact of high indebtedness on national security.

During July-September of fiscal year 2020-21, the government received $2.734 billion in total external inflows from multiple financing sources, said the Ministry of Economic Affairs on Friday.

However, the ministry has failed to publish an annual report on foreign loans and commitments for the last fiscal year, raising transparency concerns.

https://tribune.com.pk/story/2269658/pakistan-receives-27b-in-foreign-loans

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