The government has borrowed $7.407 billion from multiple financing sourcesduring the first eight months (July-February) of 2022-23 (FY23) compared to$12.178 billion borrowed during the same period of last fiscal year.
The Economic Affairs Division data shows that the government has budgetedforeign assistance of $22.817 billion for the current fiscal year including$7.5 billion from foreign commercial banks.
The government procured $1.271 billion in external loans in February 2023.The country received $538.42 million under the head of Naya PakistanCertificate during the first eight months of the current fiscal yearincluding $72.07 million in February 2023.
The country received $3.852 billion from multilateral, $949.66 million frombilateral, and $1.166 billion from IMF during July-February FY23. Thenon-project aid was $6.084 billion including $5.124 billion for budgetarysupport and project aid was $1.322 billion.
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Asian Development Bank (ADB) disbursed $1.929 billion during the periodunder review compared to the budgeted $3.202 billion for the entire fiscalyear. ADB disbursed $12.85 million in February 2023.
China disbursed $54.93 million during the first quarter against thegovernment budgeted estimates of $49.02 million for the current fiscalyear, however, no money was received in October, November, December,January, and February. Saudi Arabia disbursed $782.28 million against thebudgeted $800 million. The US disbursed $20.83 million during the periodunder review against the budgeted $32.49 million for the current fiscalyear. Korea disbursed $19.79 million and France $27.36 million during thefirst eight months of the current fiscal year.
