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Foreign loans of pakistan surge by 45 percent in the first 5 months of current fiscal year

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ISLAMABAD: 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.

 
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ISLAMABAD: 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.


Just normal practice, majority of it is for rotating previous debts and interest payment.
 
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